New Bedford is a city in Massachusetts state in USA with a population of 95355 residents.. The poverty rate of New Bedford is 18.6%, which is 33% higher than national average. The typical household in New Bedford earns $48999 a year, compared to the national median of $67,500. Nearly 51% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Bedford, only 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Bedford remained 7.3%, which is 55% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Bedford, only 18% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in New Bedford is 114, which is 14% higher than national average. Median home value in New Bedford is $239000 , which is 4% higher than national average. While median income in New Bedford remained $48999, which is 27% lower than national average.