Bedford, IA Profile: Facts & Data

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Bedford, Iowa - Basic Facts

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The City of Bedford had a population of 1,394 as of July 1, 2021.

The primary coordinate point for Bedford is located at latitude 40.6669 and longitude -94.7214 in Taylor County. The formal boundaries for the City of Bedford encompass a land area of 1.6 sq. miles and a water area of 0.01 sq. miles. Taylor County is in the Central time zone (GMT -6). The elevation is 1,122 feet.

The City of Bedford has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Bedford is located within Township of Bedford, a minor civil division (MCD) of Taylor County.

Alternate Unofficial Names for Bedford: Beadforde.

Jump to... (On This Page!)
  1. Bedford 2021 Demographic Data
  2. Growth Rates for Bedford (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Iowa Research Tools (Easy Tools & Current Data)
  3. Iowa Data Comparison Tool - 2021 Demographics
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Bedford, IA Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 1,394 (100%)
Population in Households 1,376 (98.7%)
Population in Families 1,073 (77.0%)
Population in Group Quarters1 18 ( 1.3%)
Population Density 870
Diversity Index2 11
 
 

INCOME

Median Household Income $46,909
Average Household Income $62,275
% of Income for Mortgage4 7%
Per Capita Income $26,923
Wealth Index5 57
 

HOUSING

Total HU (Housing Units) 725 (100%)
Owner Occupied HU 471 (65.0%)
Renter Occupied HU 136 (18.8%)
Vacant Housing Units 118 (16.3%)
Median Home Value $80,106
Average Home Value $138,110
Housing Affordability Index3 290
 

HOUSEHOLDS

Total Households 607
Average Household Size 2.27
Family Households 374
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population -0.29% -0.14%
Households -0.1% -0.07%
Families -0.19% -0.21%
Median Household Income   1.52%
Per Capita Income   1.76%
Owner Occupied HU   0.13%

Bedford, IA - Peer Comparisons by Rank and Percentile

The table below compares Bedford to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 226 78th
Population Density # 371 63rd
Median Household Income # 933 8th
Housing Affordability Index # 803 80th
Per Capita Income # 814 19th
Diversity Index # 518 50th

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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