47421 ZIP Code Profile, Map, Data & Demographics

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ZIP Code 47421: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Bedford, IN 47421

Acceptable Alternative
Fort Ritner, IN 47421

Not Acceptable, USPS
Bartlettsville, IN 47421
Bedford Heights, IN 47421
Bedford Hts, IN 47421
Brook Knoll, IN 47421
Buddha, IN 47421
Coveyville, IN 47421
East Oolitic, IN 47421
Englewood, IN 47421
Fayetteville, IN 47421
Guthrie, IN 47421
Hartleyville, IN 47421
Judah, IN 47421
Leesville, IN 47421
Needmore, IN 47421
Patton Hill, IN 47421
Peerless, IN 47421
Pinhook, IN 47421
Shawswick, IN 47421
Walnut Heights, IN 47421
Walnut Hts, IN 47421

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  • ZIP Code Type: STANDARD
  • County: Lawrence County
  • Centroid: Latitude 38.863, Longitude -86.49
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 47421 has segments in 2 Counties (Lawrence, Monroe).

  • Businesses Addresses: 1,013
  • PO Box Addresses: 291
  • Residential Addresses: 12,116
    • Multi-Family Addresses: 342
    • Single Family Addresses: 11,774

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2021, Maps updated: May 5, 2021.

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Bedford, IN 47421 Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 28,588 (100%)
Population in Households 28,029 (98.0%)
Population in Families 22,630 (79.2%)
Population in Group Quarters1 559 ( 2.0%)
Population Density 151
Diversity Index2 12
 
 

INCOME

Median Household Income $53,178
Average Household Income $66,853
% of Income for Mortgage4 11%
Per Capita Income $27,718
Wealth Index5 63
 

HOUSING

Total HU (Housing Units) 13,364 (100%)
Owner Occupied HU 8,534 (63.9%)
Renter Occupied HU 3,308 (24.8%)
Vacant Housing Units 1,522 (11.4%)
Median Home Value $132,886
Average Home Value $156,820
Housing Affordability Index3 235
 

HOUSEHOLDS

Total Households 11,842
Average Household Size 2.37
Family Households 7,765
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population -0.01% -0.07%
Households 0.04% -0.04%
Families -0.16% -0.15%
Median Household Income   1.03%
Per Capita Income   1.88%
Owner Occupied HU   0.05%

Bedford, IN 47421 - Peer Comparisons by Rank and Percentile

The table below compares 47421 to the other 774 ZIP Codes in Indiana by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 72 91st
Population Density # 300 61st
Median Household Income # 525 32nd
Housing Affordability Index # 426 55th
Per Capita Income # 424 45th
Diversity Index # 403 48th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.


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