HomeIndianaLawrence CountyBedford city
Bedford city, Indiana: commercial real estate data.
Bedford city is a Census city of 13,837 people across 12.21 square miles of land, in Lawrence County. Median household income is $49,553, 67.2 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $14.1 m.
76 sourced place values · tier FULL · 8 sections
Bedford
What Bedford is
- Census place typecity
- Land area12.21 sq mi
- Water area0 sq mi
- Population per square mile of land1,133
- County holding the largest share of its areaLawrence County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
How many people live in Bedford
- Population13,837
- Median age41.8
- Population under 182,754
- Share under 1819.9 percent
- Population 65 and over3,042
- Share 65 and over22.0 percent
- Households6,353
- Family households3,335
- Share of households that are families52.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
Income and work in Bedford
- Median household income$49,553
- Per capita income$31,811
- Civilian labor force6,822
- Employed6,663
- Unemployed159 plus or minus 79
- Unemployment rate2.3 percent plus or minus 1.2
- Adults 25 and over9,990
- Adults 25 and over with a high school diploma or higher87.5 percent
- Adults 25 and over with a bachelor degree or higher17.3 percent
- Adults 25 and over with a graduate degree5.5 percent plus or minus 1.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
Housing in Bedford
- Housing units6,828
- Occupied units6,353
- Vacant units475 plus or minus 158
- Vacancy rate7.0 percent plus or minus 2.3
- Owner occupied4,267
- Renter occupied2,086
- Ownership rate67.2 percent
- Median owner-occupied home value$152,400
- Median gross rent, monthly$828
- Annual rent as a share of median income20.1 percent
- Single family units5,146
- Share single family75.4 percent
- Units in buildings of two or more1,584
- Share in buildings of two or more23.2 percent
- Mobile homes92 plus or minus 70
- Median year structure built1955
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
How Bedford gets to work
- Workers 16 and over who commute6,127
- Commuting under 15 minutes2,935
- Share commuting under 15 minutes47.9 percent
- Commuting 30 minutes or more2,166
- Share commuting 30 minutes or more35.4 percent
- Drove alone82.7 percent
- Carpooled7.9 percent plus or minus 2.3
- Public transport0.0 percent
- Walked2.8 percent plus or minus 1.3
- Worked from home6.3 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
SBA 7(a) lending to Bedford borrowers
- Approvals14
- Gross approval$14,078,400
- Average approval$1,005,600
- Median approval$920,000
- Ninetieth percentile approval$2,100,000
- Largest approval$5,000,000
- Jobs supported441
- Jobs per approval31.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises14.3 percent
- Distinct lenders7
- Distinct industries by NAICS9
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bedford
SBA 504 lending to Bedford borrowers
- Approvals11
- Gross approval$9,065,000
- Average approval$824,091
- Median approval$596,000
- Largest approval$1,687,000
- Jobs supported97
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lawrence County, not Bedford
Lawrence County context, not Bedford figures
These are Lawrence County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Bedford measurements.
- Establishments in Lawrence County909
- Employment at those establishments, Lawrence County12,033
- Covered employment, Lawrence County13,507
- Average annual pay, Lawrence County$49,342
- Average weekly wage, Lawrence County$949
- Housing units permitted, Lawrence County10
- Of those, single family, Lawrence County10
- County product, 2024, Lawrence County$1,784,277,000
- County product change over the prior year, Lawrence County1.8 percent
- Average income of an arriving household, Lawrence County$50,233
Every figure in this section is published for Lawrence County as a whole and is not a measurement of Bedford. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Bedford questions, answered from the record.
How many people live in Bedford, Indiana?
13,837, in 6,353 households. Bedford city covers 12.21 square miles of land, which is 1,133 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bedford in?
Lawrence County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Bedford?
$49,553. The median owner-occupied home is valued at $152,400. Median gross rent is $828 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bedford businesses?
14 7(a) approvals totalling $14.1 m, across 7 lenders, median approval $920,000, plus 11 504 approvals worth $9.1 m. These count approvals to borrowers whose address is in Bedford, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bedford borrowers get paid back?
No rate is published for Bedford. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Bedford figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lawrence County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Bedford.
Is zoning published for Bedford?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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