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Cost of Living in Bedford, TX

Population 49,085 · Census ACS 2020–2024 5-year estimates

Median rent$1,502
Median home value$350,700
Median household income$83,971

The median rent in Bedford, TX is $1,502/month, 7% higher than the Texas median and 6% higher than the U.S. median. The median home value is $350,700, 5% higher than the national median. Households earn a median of $83,971 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 21.5%
Income needed for median rent (30% rule): $60,080/yr
Home price-to-income ratio: 4.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,773/mo

Run your own numbers: mortgage calculator · hourly to salary

Bedford vs. Texas vs. U.S.

BedfordTexasU.S.
Median rent$1,502$1,403$1,413
Median home value$350,700$283,800$332,700
Median household income$83,971$78,476$80,734
Homeownership rate50.6%62.6%65.2%
Bachelor's degree or higher43.5%33.8%35.7%
Poverty rate7.3%13.8%12.5%
Unemployment rate4.8%5.3%5.2%
Work from home17.5%14.4%15.1%
Median age39.535.638.9

FAQ

What is the average rent in Bedford, TX?

The median gross rent in Bedford, TX is $1,502 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bedford, TX?

Using the common 30% rule, renting a median-priced home takes about $60,080 a year in gross income.

Is Bedford, TX expensive to live in?

Rent there is 6% higher than the U.S. median, and the median home costs about 4.2 times the median household income.

Other cities in Texas

Houston, TXRent $1,361 · Income $64,813San Antonio, TXRent $1,324 · Income $65,056Dallas, TXRent $1,472 · Income $70,518Austin, TXRent $1,729 · Income $93,658Fort Worth, TXRent $1,509 · Income $79,507El Paso, TXRent $1,073 · Income $59,745

Cities with a similar cost of living

Auburn Hills, MIRent $1,477 · Income $84,375Woodlawn CDP (Baltimore County), MDRent $1,494 · Income $82,466Mauldin, SCRent $1,490 · Income $82,331Visalia, CARent $1,490 · Income $81,989Durham, NCRent $1,508 · Income $81,619Boise City, IDRent $1,446 · Income $83,904

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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