Bedford, IA is a small city located in Taylor county with a population of 50837. It offers a range of amenities and activities to its residents, including shopping centers, restaurants, parks, and recreational areas. The cost of living in Bedford is quite affordable, with two-bedroom rent costing only $800 as compared to the US average of $1,430. Grocery costs are also relatively low in Bedford, with an index reading of 93 versus the US national average of 100.
The town's economy is supported by several local businesses such as Schildberg Construction Inc., Anderson Automotive Service Center Ltd., Schildberg Construction Co., and Central States Printing & Graphics Ltd. There are also several medical facilities available to residents like Bedford Family Medical Center and Taylor County Public Health Services. With its numerous amenities and affordable lifestyle options, it’s no wonder why people choose to call Bedford home.
Bedford (zip 50833) has an unemployment rate of 3.3%. The US average is 6.0%.
Bedford (zip 50833) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Bedford (zip 50833)
- The Sales Tax Rate for Bedford (zip 50833) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bedford (zip 50833) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bedford (zip 50833)
- The average income of a Bedford (zip 50833) resident is $28,561 a year. The US average is $37,638 a year.
- The Median household income of a Bedford (zip 50833) resident is $61,563 a year. The US average is $69,021 a year.