Bedford, IN Real Estate
According to census data in the year 2000 there were 6,666 housing units in Bedford.
This represents a 8.2% growth from 6,158 in 1990.
Of those housing units, 6,444 were located in either urbanized areas or urban clusters, and 222 were located in what is classified as a rural area.
Homeownership rate in Bedford is about 65.6%.
Bedford's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Bedford were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 13.70% |
| Two Bedrooms | 39.50% |
| Three Bedrooms | 33.40% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $69,900 |
| Median Price asked for vacant units | $70,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $361 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 45.30% |
| Debt Free | 45.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
