PlainZIP

Bedford, IN · standard

ZIP Code 47421

Lawrence County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

27,831
59/sq mi
$68,108
Median income
$188,100
Median home value
22.2%
Bachelor's or higher

The verdict

Bedford pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

44th pct
household income, US ZIPs
40th pct
home value, US ZIPs
59
people per sq mi
80%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47421 against every reporting US ZIP.

ZIP code 47421 is a densely settled ZIP (a standard USPS delivery area) in Bedford, Lawrence County, Indiana, with 27,831 residents across 473.3 square miles, a density of 59 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47421 reports a modest median household income of $68,108 (8% below the Indiana average), while per-capita income is $38,096. The poverty rate stands at 11.6% and the unemployment rate at 1.9%. On housing, the median home value is $188,100 (3% below the state average) with median rent at $835 per month, and 80.0% of occupied units are owner-occupied.

Educational attainment sits below the national norm: 22.2% of adults hold a bachelor's degree or higher, the median age is 46.7, and the average commute is 27 minutes. Beyond these figures, 6 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Lawrence County, letting you compare 47421 to its immediate surroundings rather than a national baseline alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 47421

Top 5 sectors by establishment count in Bedford, IN

Which industries have the most business establishments in ZIP 47421.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 47421, Bedford, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

27,831

Population

473.3

Area (sq mi)

59

People / sq mi

Indiana/Indianapolis

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 47421?

46.7

Median Age

49.0%

Male

51.0%

Female

0.8%

Foreign-Born

White 94.8%
African American 0.3%
Asian 0.1%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.1%
Hispanic or Latino 2.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$68,108

Median Household Income

-8% vs state

$38,096

Per Capita Income

11.6%

Poverty Rate

1.9%

Unemployment Rate

27.4 min

Mean Commute Time

How ZIP 47421 ranks nationally

Bedford, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$68,108 44th percentile higher than 44% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 61.1%
Bachelor's Degree or Higher 22.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

13,038

Total Housing Units

12,273

Occupied Units

765

Vacant Units

2.20

Avg Household Size

Occupancy Type

Owner 80.0%
Renter 20.0%

$188,100

Median Home Value

-3% vs state

$835

Median Rent

1967

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+6.9%

YoY Change (2024)

247

HPI Index (2000 = 100)

+147%

Total Change Since 2000

Home values in ZIP 47421 have increased 6.9% over the past year (2024). Since 2000, this ZIP has seen +147% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.6% 169
2021 +13.7% 192
2022 +12.6% 216
2023 +7.1% 231
2024 +6.9% 247

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 684 business establishments in ZIP 47421, employing approximately 9,284 people with a combined annual payroll of $452,374,000.

684

Businesses

9,284

Employees

$452.4M

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Retail trade 124 18.1%
Health care and social assistance 104 15.2%
Other services (except public administration) 88 12.9%
Professional, scientific, and technical services 55 8.0%
Construction 54 7.9%
Accommodation and food services 49 7.2%
Finance and insurance 44 6.4%
Manufacturing 36 5.3%
Real estate and rental and leasing 30 4.4%
Administrative and support and waste management and remediation services 28 4.1%
Transportation and warehousing 17 2.5%
Wholesale trade 16 2.3%
Information 15 2.2%
Arts, entertainment, and recreation 8 1.2%
Educational services 6 0.9%
Mining, quarrying, and oil and gas extraction 4 0.6%
Agriculture, forestry, fishing and hunting 3 0.4%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 47421 vs 47451 →

ZIP 47421 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 47421 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47421 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 47421 ranks #3 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
47451 Oolitic, IN 1,228 4.4 mi
47420 Avoca, IN 135 6.3 mi
47436 Heltonville, IN 1,663 7.0 mi
47446 Mitchell, IN 9,990 9.2 mi
47467 Tunnelton, IN 72 8.7 mi
47434 Harrodsburg, IN 76 11.5 mi

More ZIP Codes in Lawrence County

47446 standard
Mitchell, IN
Pop: 9,990
47462 standard
Springville, IN
Pop: 4,871
47470 standard
Williams, IN
Pop: 1,735
47436 standard
Heltonville, IN
Pop: 1,663
47451 standard
Oolitic, IN
Pop: 1,228
47420 standard
Avoca, IN
Pop: 135

Related Areas

Lawrence County Bedford, IN Indiana

Frequently Asked Questions

What county is ZIP code 47421 in? ▼
ZIP code 47421 (Bedford) is located in Lawrence County, Indiana. Lawrence County contains multiple ZIP codes, see the full list at /counties/lawrence-in.
What is the population of ZIP code 47421? ▼
ZIP code 47421 in Bedford, IN has a population of 27,831 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47421? ▼
The median household income in ZIP 47421 is $68,108, which is 11% below the national average of $76,288.
What is the average home value in ZIP 47421? ▼
The median home value in ZIP 47421 is $188,100, which is 32% below the national average of $278,155.
What is the demographic makeup of ZIP 47421? ▼
The largest racial group in ZIP 47421 is White at 94.8%. Hispanic or Latino residents make up 2.0% of the population.
How many businesses are in ZIP code 47421? ▼
ZIP code 47421 has 684 business establishments employing approximately 9,284 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47421? ▼
The top industries by establishment count in ZIP 47421 are: Retail trade (124), Health care and social assistance (104), Other services (except public administration) (88). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 47421? ▼
According to the FHFA House Price Index, home values in ZIP 47421 increased by 6.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 147%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 47421? ▼
In ZIP code 47421, 61.1% of residents aged 25+ have a high school diploma or higher, and 22.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47421? ▼
The mean commute time for workers in ZIP code 47421 is 27.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47421? ▼
In ZIP code 47421, approximately 80.0% of occupied housing units are owner-occupied and 20.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47421? ▼
The poverty rate in ZIP code 47421 is 11.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.