Bedford, KY Employment - Median Household Income, Unemployment Rate

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F

6%

Income/capita NAT. AVG.

50%

Household income NAT. AVG.

25%

Unemployment NAT. AVG.

Index	Bedford	Kentucky	National
Income per capita	$27,955	$24,802	$29,829
Median household income	$27,813	$44,811	$55,322
Median income owner occupied	$25,750	$56,922	$70,586
Median income renter occupied	$32,500	$26,529	$35,192
Median earnings male	$38,672	$32,723	$36,919
Median earnings female	$32,083	$23,082	$26,250
Unemployment rate	3.5%	4.5%	4.7%
Poverty level	32.2%	18.8%	15.1%

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Key findings

The income per capita in Bedford is 6% lower than the national average
The median household income in Bedford is 50% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bedford is 25% lower than the national average
The poverty level in Bedford is 113% higher than the national average

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am i middle class

$18,540 $27,813 $55,626

City

$29,871 $44,811 $89,622

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Bedford median earnings by income bracket

Bedford employment by industry

Labour Type	Male	Female
Construction industry	5.5%	5.5%
Manufacturing sector	29.1%	29.1%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	10.9%	10.9%
Public administration	3.6%	3.6%
Transportation, warehousing & utilities	7.3%	7.3%
Education, health & social services	5.5%	5.5%
Other	38.2%	38.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Buckner, KY	5,640	$123,818	123.8%
Goshen, KY	928	$90,250	63.1%
La Grange, KY	8,938	$69,655	25.9%
Ghent, KY	560	$51,786	6.4%
Hanover, IN	3,418	$49,250	11.0%
Bedford, KY	396	$27,813	49.7%

Cities with similar population

City	Population	Household Income	National Avg.
South Van Horn, AK	396	$56,288	1.7%
Highland Lake, AL	396	$52,000	6.0%
Blevins, AR	396	$50,227	9.2%
Wausau, FL	396	$36,250	34.5%
Lorimor, IA	396	$35,750	35.4%
Bedford, KY	396	$27,813	49.7%

Source: The Bedford, KY employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).