ZIP 47421 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Bedford city, IN (47421)

Median Income

$66,588

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,269

Wealth inflow

Population

27,610

Unemployment

1.9%

1.9pp below US avg

IRS migration statistics show a net inflow of about 1,269 for ZIP 47421 (Bedford city, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

1.9%-50% vs US avg

Self-Employed

2.2%-63% vs US avg

SNAP Benefits

9.1%-22% vs US avg

684

Establishments

9,284

Employees

~14 per establishment — small businesses dominate

Manufacturing

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.6%
Construction7.5%
Manufacturing20.7%
Wholesale trade1.1%
Retail trade10.9%
Transportation, utilities4.0%
Information1.4%
Finance, insurance, real estate6.4%
Professional, scientific, management6.9%
Education, health care, social20.8%
Arts, entertainment, food services5.8%
Other services7.6%
Public administration6.4%

Household Income

Historical Trends in 47421 (2020–Present)

Since 2020, population grew 1.6%, median income fell 3.4% (inflation-adjusted), home values increased 8.6%.

Median Income

$66,588

-11% vs US avg

Unemployment Rate