Zip 10506 (Bedford, NY) Economy


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Bedford, NY is an affluent town located in Westchester County. With a population of 10506 people, Bedford is close to both New York City and the Hudson Valley. Rent for a two-bedroom apartment is relatively expensive at $3,020 compared to the US average of $1,430. Grocery Cost Index in Bedford is 113 versus 100 in the US.
Bedford offers plenty of local companies and businesses for its residents; some include the Bedford Riding Lanes Association which has been around since 1959 and specializes in horse care and riding lessons, Cross River Veterinary Clinic which provides quality care services for pets in the area, DTS Physical Therapy & Wellness Center that offer physical therapy services for individuals with varying needs, and Dental Care of Westchester which provides top-notch dental care. There are also several fantastic restaurants such as Colonial Diner where customers can enjoy delicious diner food all day long, Bedrock Bistro that serves great comfort food dishes, Twisted Oak American Bar & Grill that serves up classic American cuisine with an upscale twist, The Stone Creek Inn that offers creative New American culinary delights crafted from fresh ingredients sourced locally or regionally whenever possible.
Bedford is also known for its beautiful parks like Blue Mountain Reservation Park which features miles of trails perfect for hiking or biking along with playgrounds and picnic areas. There's also Stanwood Wildlife Sanctuary and Nature Center with over 600 acres of forest full of wildlife such as deer, foxes, beavers etc., Mianus River Gorge Preserve offering breathtaking views of riverside cliffs rising up above Mianus River Gorge Brook Bridge Reserve with 230 acres of land featuring trails across meadows and woodlands as well as streams filled with fish. Lastly there's Bedford Playground & Skatepark where skaters can sharpen their skill on one of the largest skateparks in Westchester County.

Bedford (zip 10506) has an unemployment rate of 6.2%. The US average is 6.0%.

Bedford (zip 10506) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.

Tax Rates for Bedford (zip 10506)
- The Sales Tax Rate for Bedford (zip 10506) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Bedford (zip 10506) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bedford (zip 10506)
- The average income of a Bedford (zip 10506) resident is $116,543 a year. The US average is $37,638 a year.
- The Median household income of a Bedford (zip 10506) resident is $220,469 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBedford, New YorkUnited States
  6.26
  -6.3%-6.2%
  26.5%33.5%
  4.4%6.2%
  6.2%4.6%
  $116,543$37,638
  $220,469$69,021
  $250,001$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  1.3%6.8%
  4.5%10.0%
  3.0%2.5%
  6.1%11.0%
  0.5%4.8%
  0.0%0.8%
  4.3%1.9%
  13.5%4.7%
  5.5%1.9%
  15.7%7.6%
  0.0%0.1%
  0.7%4.2%
  10.1%9.3%
  24.3%14.0%
  2.6%2.1%
  1.5%7.0%
  2.6%4.8%
  2.5%4.7%
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