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Bedford

Learn about the people, housing, costs and businesses in Bedford, Pennsylvania

Median Home$182,000
Median Rent$677/month
Population2,851
Leading IndustriesManufacturing · Transportation3% manufacturing
Home Value Growth⬆⬆⬆+27.9% over 2 years
Retirees26% of residentsabove average nationally
Renters52% of occupied units
NotableAmenity Score88/100 · highly walkable area
Bedford
PA

Frequently Asked Questions

What are today's mortgage rates in Bedford?

As of today, the 30-year fixed mortgage rate for Bedford is approximately 6.940% (6.978% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bedford?

The median home value in Bedford is $182k. The median monthly rent is $677. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bedford?

Home values in Bedford have increased 27.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bedford?

Based on a typical all-in ownership cost of $795/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bedford is $41k/year.

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What industries drive the economy in Bedford?

The largest employment sectors in Bedford are public administration (17%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.