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Bedford, IN Micro Area&

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Population
45,814
-0.34% decline
Median Age
41.9
Median Household Income
$45,875
2.97% growth
Poverty Rate
13%
Number of Employees
20,669
3.91% growth
Median Property Value
$100,500
-2.43% decline

Economy

The economy of Bedford, IN Micro Area employs 20,669 people. The economy of Bedford, IN Micro Area is specialized in Manufacturing; Mining, Quarrying, Oil, Gas Extraction; and Public Admin., which employ respectively 1.76; 1.45; and 1.28 times more people than what would be expected in a location of this size. The largest industries in Bedford, IN Micro Area are Manufacturing (3,711), Healthcare & Social Assistance (3,205), and Retail trade (2,645), and the highest paying industries are Professional, Scientific, Tech Services ($49,453), Mining, Quarrying, Oil, Gas Extraction ($39,273), and Utilities ($36,016).

Median household income in Bedford, IN Micro Area is $45,875. Males in Bedford, IN Micro Area have an average income that is 1.2 times higher than the average income of females, which is $35,806. The income inequality of Bedford, IN Micro Area (measured using the Gini index) is 0.407 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Bedford, IN Micro Area. In Indiana the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 67 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,780. Lake County, IN has the highest prevalence of homicides of any county in Indiana.

Coverage

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Showing data across all counties in Indiana.

Insurance Coverage by Age and Gender

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Diversity

Bedford, IN Micro Area is home to a population of 45,814 people, from which 99% are citizens. The ethnic composition of the population of Bedford, IN Micro Area is composed of 44,023 White residents (96.1%), 680 Hispanic residents (1.48%), 615 Two+ residents (1.34%), 265 Asian residents (0.58%), and 171 Black residents (0.37%). The most common foreign languages in Bedford, IN Micro Area are Spanish (426 speakers), French Creole (145 speakers), and Other West Germanic (130 speakers), but compared to other places, Bedford, IN Micro Area has a relative high number of Other West Germanic (130 speakers), French Creole (145 speakers), and German (102 speakers).

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Veterans

Education

In 2015 universities in Indiana awarded 105,518 degrees. The student population of Indiana is skewed towards females, with 43,645 male students and 61,873 female students. Most students in Indiana are White (76,649 and 72.6%), followed by Black or African American (8,515 and 8.07%), Hispanic or Latino (4,659 and 4.42%), and Unknown (3,835 and 3.63%). The largest universities in Indiana by number of graduates are Ivy Tech Community College (20,401 and 19.3%), Indiana University-Bloomington (11,491 and 10.9%), and Purdue University-Main Campus (10,746 and 10.2%). The most popular majors in Indiana are Registered Nursing (4,655 and 4.41%), General Business (2,986 and 2.83%), and General Business Administration & Management (2,679 and 2.54%). The median tuition costs in Indiana are $29,900 for private four year colleges, and $8,380 and $24,354 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Bedford, IN Micro Area is $100,500, which is 0.52 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value decreased from $103,000 to $100,500, a -2.43% increase. The homeownership rate of Bedford, IN Micro Area is 77%, which is higher than the national average of 63.9%. People in Bedford, IN Micro Area have an average commute time of 24.1 minutes, and they commute by Drove Alone. Car ownership in Bedford, IN Micro Area is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Indiana
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Greene, Daviess, Owen, Orange & Martin Counties PUMA, IN
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