Bedford, KY
Population 289 · Kentucky
About Bedford, KY
Bedford is a small community located in Kentucky with a population of 289 residents according to the latest US Census Bureau American Community Survey data. The median household income is $33,750 per year, which is 55% below the national median of $75,149. The median age of 48.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bedford features a median home value of $81,100, which is 67% below the national median of $244,900. This makes Bedford one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $865, 26% below the national average of $1,163/month. Of the 197 total housing units, 44% are owner-occupied (62 units) and 56% are renter-occupied (79 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Bedford shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 36.7%, above the national average of 12.4%. Workers in Bedford have an average one-way commute time of 34.6 minutes.
Education & Demographics
4.3% of Bedford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.7% of the population being foreign-born.
Cost of Living in Bedford, KY
Compared to national averages, Bedford has a median household income of $33,750 (55% below the national median of $75,149). Home values average $81,100, which is 67% below the national median. Monthly rent at $865 is 26% below the US average of $1,163. Within Kentucky, Bedford's income is 49% below the state average of $66,273, and home values are 56% below the state median of $182,504.
Why Live in Bedford, KY?
Bedford offers affordable housing with a median home value of $81,100, below the US average of $244,900, and rent that’s lower than the national average at $865/month.
Potential considerations include median household income ($33,750) that falls below the national average. However, Bedford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bedford has a population of 289 with a median age of 48.2 years. Compare Bedford with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Bedford
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Salt Lick | 290 | $48,750 | $111,300 | Compare |
| Bonnieville | 287 | $35,625 | $89,000 | Compare |
| Vicco | 284 | $43,558 | $110,000 | Compare |
| Summer Shade | 295 | $0 | $0 | Compare |
| Pleasant View | 281 | $46,250 | $101,800 | Compare |
| Bremen | 299 | $46,324 | $128,900 | Compare |
| Druid Hills | 300 | $131,250 | $488,300 | Compare |
| Goose Creek | 300 | $112,083 | $326,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bedford With Other Cities
Frequently Asked Questions about Bedford
What is the population of Bedford, KY?
The population of Bedford, KY is 289 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in Bedford?
The median household income in Bedford, KY is $33,750 per year, which is 55% below the national median of $75,149.
What is the median home value in Bedford?
The median home value in Bedford, KY is $81,100, which is 67% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Bedford?
The median monthly rent in Bedford, KY is $865, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Bedford?
The unemployment rate in Bedford, KY is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bedford, KY a good place to live?
Bedford offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 289 and a median age of 48.2, the city appeals to established professionals and retirees.
How educated is Bedford, KY?
4.3% of residents in Bedford aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bedford?
Key cost-of-living indicators for Bedford, KY: median home value is $81,100 (67% below national), median rent is $865/month, and median household income is $33,750. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bedford?
The poverty rate in Bedford, KY is 36.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bedford, KY?
Bedford's population is 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.