Page 11 - Bedford-FY25-26 Budget

Economic Analysis

Household income is a key data point in evaluating a community’s wealth and
spending power. Pay levels and earnings typically vary by geographic regions and
should be looked at in context of the overall cost of living.

H O U S E H O L D I N CO M E
O v e r $ 2 0 0 , 0 0 0

Above $200,000
$ 1 5 0 , 0 0 0 t o $ 2 0 0 , 0 0 0
9%

$ 1 2 5 , 0 0 0 t o $ 1 5 0 , 0 0 0
24%
$ 1 0 0 , 0 0 0 t o $ 1 2 5 , 0 0 0
lower than state average

Median Income
$ 7 5 , 0 0 0 t o $ 1 0 0 , 0 0 0
B

7%
$ 5 0 , 0 0 0 t o $ 7 5 , 0 0 0
higher than state average

Below $25,000
11%
$ 2 5 , 0 0 0 t o $ 5 0 , 0 0 0

27%
B e l o w $ 2 5 , 0 0 0
lower than state average

* Data Source: American Community Survey 5-year estimates

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 11