US ZIP Code
47421

Bedford, IN

Lawrence County  ·  Indiana

● Active
👥 27,610 Population
💰 $66,588 Median HH Income
▼ 13% below avg ↑ 27% since 2019
🎂 46.0 Median Age ↑ 5% since 2019
🏠 $165,200 Median Home Value
▼ 41% below avg ↑ 39% since 2019
🎓 34.8% College Grads
▼ 10% below avg
📊 1.9% Unemployment
▼ 62% below avg ↓ 63% since 2019
ZIP Code Details
ZIP Code47421
CityBedford
StateIndiana (IN)
CountyLawrence County
Area Code812/930
Elevation605 ft
Latitude38.863494
Longitude-86.45223
TimezoneIndiana/Indianapolis (DST)
FIPS18093
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.7% (13,446) Female 51.3% (14,164) ♀

Race & Ethnicity

White: 94.5%Hispanic: 2.3%Black: 0.3%Asian: 0.3%Other: 2.4%Race
White94.5%
Hispanic2.3%
Black0.3%
Asian0.3%
Other2.4%

Age Breakdown

Under 5
5%
5–17
15%
18–24
7%
25–44
22%
45–64
30%
65+
10%

Key Indicators

Median Age46.0 yrs ↑ 5% since 2019
Avg Household Size2.19
Below Poverty10.4% ≈ Avg
College Grads34.8% ▼ 10% below avg
Unemployment1.9% ▼ 62% below avg
No HS Diploma244 (1.3%)
HS Graduate6,194 (32.8%)
Some College3,240 (17.2%)
Associates2,618 (13.9%)
Bachelors2,417 (12.8%)
Graduate Degree4,148 (22%)

Education

No HS: 1.3%HS Grad: 32.8%Some College: 17.2%Associates: 13.9%Bachelors: 12.8%Graduate: 22%Edu
No HS1.3%
HS Grad32.8%
Some College17.2%
Associates13.9%
Bachelors12.8%
Graduate22.0%
Housing & Income

Housing Tenure

Owner: 78.5%Renter: 21.5%Tenure
Owner78.5%
Renter21.5%

Home Value Distribution

Under $50k
8%
$50k–100k
18%
$100k–150k
19%
$150k–200k
13%
$200k–300k
25%
$300k–500k
14%
Over $500k
3%

Financials

Median HH Income$66,588 ▼ 13% below avg ↑ 27% since 2019
Median Home Value$165,200 ▼ 41% below avg ↑ 39% since 2019
Home/Income Ratio2.5x (nat avg ~3.5x)
Median Rent$827/mo ↑ 17% since 2019
Total Units13,112
Vacant Units788
Avg HH Size2.19

Income Distribution

Under $25k
19%
$25k–50k
17%
$50k–75k
17%
$75k–100k
16%
$100k–150k
19%
$150k–200k
8%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
90%
Walked
3%
Work From Home
7%

Commute Time

Under 15 min
35%
15–30 min
25%
30–45 min
23%
Over 45 min
18%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
13%
1960s–1970s
11%
1980s–1990s
13%
2000+
60%

Summary

Total Units13,112
Vacant788
Owner Occupied78.5%
Renter Occupied21.5%
Avg HH Size2.19
Frequently Asked Questions
ZIP code 47421 is in Bedford, IN, in Lawrence County.
ZIP code 47421 is located in Indiana (IN).
ZIP code 47421 is in Lawrence County, IN.
ZIP 47421 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 47421 is 27,610 people (ACS 2023).
The median household income in ZIP code 47421 is $66,588 (ACS 2023).
The median home value in ZIP 47421 is $165,200 (ACS 2023).
About ZIP Code 47421

ZIP code 47421 is located in Bedford, Indiana, within Lawrence County. With a population of 27,610, this is a moderately populated ZIP code with a mature community — the median age is 46 years. Economically, 47421 is a solidly middle-class ZIP code: the median household income of $66,588 is near the national average.

Real estate in ZIP code 47421 represents an affordable housing market. The median home value of $165,200 is below the national average. Renters can expect to pay around $827 per month in median rent. Homeownership is strong here — 78.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.

The population of 47421 is primarily White (94.50%). Residents are moderately educated — 34.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.4%. Household income has grown by 27% since 2019.

The unemployment rate in 47421 stands at 1.9%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.

Overall, ZIP code 47421 in Bedford, IN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 27,610 residents, a median household income of $66,588, and a median home value of $165,200, it offers a clear picture of life in this part of Indiana.