Bedford East median real estate price is $166,536, which is less expensive than 70.4% of Indiana neighborhoods and 84.3% of all U.S. neighborhoods.
The average rental price in Bedford East is currently $1,264, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.0% of Indiana neighborhoods.
Bedford East is a rural neighborhood (based on population density) located in Bedford, Indiana.
Bedford East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Bedford East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In Bedford East, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.5% of all neighborhoods in the U.S. This means that the housing supply in Bedford East is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bedford, the Bedford East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of particular note, 3.8% of the people in the Bedford East neighborhood currently reside in a correction facility, held due to punishment for a crime.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Bedford East neighborhood in Bedford are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.1% of U.S. neighborhoods. In addition, 7.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 58.1% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Bedford East neighborhood, 30.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.0%), and 18.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Bedford East neighborhood is English, spoken by 97.5% of households.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Bedford East neighborhood in Bedford, IN, residents most commonly identify their ethnicity or ancestry as German (19.6%). There are also a number of people of English ancestry (18.4%), and residents who report Irish roots (10.2%), and some of the residents are also of Scottish ancestry (4.7%), along with some Mexican ancestry residents (3.0%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Bedford East neighborhood spend under 15 minutes commuting one-way to work (38.1% of working residents), one of the shortest commutes across America.
Here most residents (88.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.