MyNeighborhood

Can you afford to live in BEDFORD?

Median household income, home values and rent in BEDFORD, TX — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in BEDFORD.

Median household income: $81,393 — +31.4% since 2015 (not adjusted for inflation)

Median gross rent: $1,429/mo — +56.7% since 2015

Median home value, 2015 to 2023

  • 2015: 164800
  • 2023: 322300

Median household income

  • BEDFORD: 81393
  • Tarrant County: 81905
  • TX: 76292
  • U.S.: 78538

Median gross rent

  • BEDFORD: 1429
  • Tarrant County: 1447
  • TX: 1339
  • U.S.: 1348

Share of income a typical renter spends on rent: 29.6% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($81,393 versus $78,538).

The typical renter here spends 29.6% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+56.7% versus +31.4%), before adjusting for inflation.

Sources

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