Bedford, Indiana (zip code 47421) is a great place to live for those looking for an affordable place to call home. The average 2-bedroom rent in Bedford is $1,260, which is significantly lower than the national average of $1,430. There are also numerous local businesses that offer competitive prices on groceries and other goods when compared to their US counterparts. Local stores such as Walgreens, Town Center Market, and Walmart offer a wide variety of products at competitive prices. Furthermore, nearby restaurants like Pizza King, El Rodeo Mexican Restaurant & Cantina, and Valley Diner provide delicious meals at reasonable prices. With lower housing costs and plenty of local places to dine or shop at competitive prices, Bedford is an excellent location for those looking for value without sacrificing quality of life.
Bedford (zip 47421) has an unemployment rate of 4.7%. The US average is 6.0%.
Bedford (zip 47421) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Bedford (zip 47421)
- The Sales Tax Rate for Bedford (zip 47421) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bedford (zip 47421) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bedford (zip 47421)
- The average income of a Bedford (zip 47421) resident is $32,102 a year. The US average is $37,638 a year.
- The Median household income of a Bedford (zip 47421) resident is $60,343 a year. The US average is $69,021 a year.