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Bedford Virginia Real Estate By Jennifer Hershey

Bedford Virginia Real Estate

Bedford, Virginia, is located in Bedford City County, 19 miles W of Lynchburg, Virginia and 164 miles NE of Charlotte, North Carolina. Bedford has a population of 6,299.

Bedford Homes

Bedford properties pool is 2,519 residential properties including Bedford new homes. Median age of real estate in Bedford is 1965. Average Household size is 2.87 people. 2% are one bedroom homes, 19% are 2 bedroom homes, 61% are 3 bedroom homes, 14% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Bedford Mortgage Statistics

Bedford mortgages vs. USA median statistics

Homes Bedford USA
Homes With No Mortgage 50%
30%
Homes With Mortgage 50%
70%
First Mortgage Only 39%
54%
First & Second Mortgage or HELOC 11%
16%

Bedford Area Real Estate Tax

Bedford Real estate Tax: Median Real Estate Taxes (2000) were $637 comparing to 1999 Median Family income $ 35,023. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Bedford School District: Children make up 21.6% of Bedford population. Bedford has 1,363 under 18 years old residents, or 0.56 kids per one worker, or 0.54 kids per one household.

Bedford Real Estate & Bedford Homeownership

There are 831.27 or 33% one person households, 856.46 or 34% two person households, and 403.04 or 16% three person households in Bedford, Virginia. Median residents age is 40.9, Senior citizens (65+) make up 1,422 or 22.6%% of Bedford population.

There are 2,421 workers (over 16 years of age) in Bedford. Of these, 92.11% drive to work. Approximately 0.29% of workers in Bedford take public transportation. An estimated 4.25% walk to work.

Median Bedford homeowner's housing expences are 14%

Crime in Bedford (2003), crimes per 10,000 residents per year

Type of Crime Bedford USA, 2003
Violent Crimes
44.45
47.5
Robberies
3.18
14.2
Aggravated Assaults
34.93
29.5
Property Crimes
342.91
358.8
Burglaries
47.63
74.0
Larceny-Thefts
282.58
241.5
Motor Vehicle Thefts
12.7
43.3

Invest in Bedford Properties

When making a decision about buying real estate in Bedford Virginia area, you should consider following statistical data:

Category Bedford USA
Near Medium City
Lynchburg, Virginia
-
Near Large City
Charlotte, North Carolina
-
Bedford Zip Codes
24523
-
Bedford Area Codes
540
-
White population
75.33%
75.1%
African-American population
22.38%
12.3%
Asian
0.57%
3.6%
American Indian & Alaskan
0.24%
0.9%
Hispanic (of any race)
0.89%
12.5%
Median Family Income (1999)
$ 35,023%
$42,000
Population Below Poverty Level
18.42%
12.4%

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