Bedford, VA
Full City Profile · Virginia · Bedford County County
2.8
/5.0
C+
Fair
6,703
Population
604/sq mi density
$47,697
Median Income
$29,729 per capita
$192,600
Home Value
$275,202 Zillow
$876
Median Rent
27.9% income on rent
57°F
Avg Temperature
305 sunny days/yr
137
Violent Crime/100K
3,005 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$47,697 median income, 2.1% unemployment
A
Affordability
4.4 / 5.0
$192,600 home value, $876/mo rent
F
Safety
1.0 / 5.0
137 violent crimes/100K
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher
Income Overview
Median Household Income
$47,697
37% below
US avg: $75,149
Per Capita Income
$29,729
24% below
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
16.1%
30% above
US avg: 12.4%
Income Comparison: Bedford vs. U.S. Average
Each bar shows Bedford’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$47,697
63%
Per Capita
US: $39,052
$29,729
76%
IRS Avg AGI
US: $72,000
$87,825
122%
Avg Weekly Wage
US: $1,432
$930
65%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$930
35% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
5.7%
63% below US avg (15.2%)
Drive Alone
79.8%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,746M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.8%
Public Transit
0%
Work From Home
5.7%
Other
14.5%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,307
Restaurants
110
Healthcare
164
Retail
228
Manufacturing
79
Tax & Financial
IRS Avg Adjusted Gross Income
$87,825
22% above US avg ($72,000)
Avg Property Tax
$2,708
23% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $47,697 |
| Per Capita Income | $29,729 |
| IRS Avg Adjusted Gross Income | $87,825 |
| Avg Weekly Wage | $930 |
| County GDP | $2,746M |
Hardship Indicators
| Unemployment Rate | 2.1% |
| Poverty Rate | 16.1% |
| Gini Coefficient | 0.441 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 79.8% |
| Public Transit | 0.0% |
| Work From Home | 5.7% |
Businesses
| Total Establishments | 2,307 |
| Restaurants | 110 |
| Healthcare | 164 |
| Retail | 228 |
| Manufacturing | 79 |
Tax
| IRS Avg AGI | $87,825 |
| Avg Property Tax | $2,708 |
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