Page 28 - City of Bedford FY20 Approved Budget
P. 28

DEMOGRAPHICS



               LOCATION                                           POPULATION

                        5 mi. to DFW INTERNATIONAL                        49,526
                                   AIRPORT
                        14 mi. to DOWNTOWN FORT WORTH                     ESTIMATED BEDFORD
                        22 mi. to DOWNTOWN DALLAS                         POPULATION
                                         DALLAS LOVE FIELD
                                         ALLIANCE AIRPORT

               AGE DISTRIBUTION                                   INCOME

                 0-14     15-24    25-44     45-64     65+                  AVERAGE HOUSEHOLD

                                                                             INCOME $87,623
                                                                   $

                                                                             MEDIAN HOUSEHOLD

                 15.6%     11.2%     27.3%     28.3%   17.6%                 INCOME $68,167
                        MEDIAN AGE: 41.6


               EDUCATION                                          HOMEOWNERS
               TOTAL POPULATION AGE 25+
                    Graduate
                     Degree        Grade K-12
                                     6.4%
                      10.4%
                                              HS                   54.3% OF
                                            Graduate
                  Bachelor's                 19.7%
                    Degree                                         RESIDENTS ARE
                    24.3%
                                                                   HOMEOWNERS
                    Associates              Some College,
                     Degree                   No Degree
                      10.2%                    29.0%


               HOME VALUE                                                    LAND USE

                                                                         97% DEVELOPED
                       AVERAGE VALUE                                      3% UNDEVELOPED
                       OF A SINGLE-FAMILY
                       RESIDENTIAL PROPERTY                                RESIDENTIAL 72%
                      $252,917                                             COMMERCIAL 27%

                                                                             INDUSTRIAL 1%

                                                              6
   23   24   25   26   27   28   29   30   31   32   33