Bedford, TX Profile: Facts & Data

The City of Bedford had a population of 49,054 as of July 1, 2024. Bedford ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Bedford is located at latitude 32.844 and longitude -97.1431 in Tarrant County. The formal boundaries for the City of Bedford encompass a land area of 10.02 sq. miles and a water area of 0.01 sq. miles. Tarrant County is in the Central time zone (GMT -6).

The City of Bedford has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Bedford is located within Northeast Tarrant Division of Tarrant County.

Bedford, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	49,054 (100%)
Population in Households	48,691 (99.3%)
Population in Families	37,098 (75.6%)
Population in Group Quarters¹	363 ( 0.7%)
Population Density	4,891
Diversity Index²	71


INCOME
Median Household Income	$80,987
Average Household Income	$105,774
% of Income for Mortgage⁴	27%
Per Capita Income	$45,875
Wealth Index⁵	91
Socioeconomic Status Index⁶	Moderate (54.9)

HOUSING
Total HU (Housing Units)	22,316 (100%)
Owner Occupied HU	11,543 (51.7%)
Renter Occupied HU	9,705 (43.5%)
Vacant Housing Units	1,068 ( 4.8%)
Median Home Value	$349,933
Average Home Value	$407,422
Housing Affordability Index³	82

HOUSEHOLDS
Total Households	21,248
Average Household Size	2.29
Family Households	12,340
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Bedford, TX - Peer Comparisons by Rank and Percentile

The table below compares Bedford to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.41%	-0.58%
Households	-0.49%	-0.44%
Families		-0.71%
Median Household Income		1.98%
Per Capita Income		2.57%
Owner Occupied HU		0.20%

Variable Description	Rank	Percentile
Total Population	# 77	96th
Population Density	# 59	97th
Median Household Income	# 517	72nd
Housing Affordability Index	# 495	27th
Per Capita Income	# 314	83rd
Diversity Index	# 707	62nd

Bedford, TX Profile: Facts & Data

Bedford, Texas - Basic Facts

Bedford, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bedford, TX - Peer Comparisons by Rank and Percentile

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