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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 Rate2.1%
Poverty Rate16.1%
Gini Coefficient0.441
Cost of Living Index101.1

Commute

Mean Commute20 minutes
Drive Alone79.8%
Public Transit0.0%
Work From Home5.7%

Businesses

Total Establishments2,307
Restaurants110
Healthcare164
Retail228
Manufacturing79

Tax

IRS Avg AGI$87,825
Avg Property Tax$2,708