HomeVirginiaBedford CountyBedford
Bedford, Virginia: commercial real estate data.
Bedford is a Census town of 7,724 people across 11.09 square miles of land, in Bedford County. Median household income is $70,288, 69.2 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $1.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Bedford
What Bedford is
- Census place typetown
- Land area11.09 sq mi
- Water area0.03 sq mi
- Population per square mile of land696
- County holding the largest share of its areaBedford County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
How many people live in Bedford
- Population7,724
- Median age44.6
- Population under 181,621 plus or minus 393
- Share under 1821.0 percent plus or minus 5.1
- Population 65 and over1,647
- Share 65 and over21.3 percent
- Households3,065
- Family households1,934
- Share of households that are families63.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
Income and work in Bedford
- Median household income$70,288
- Per capita income$32,315
- Civilian labor force3,603
- Employed3,420
- Unemployed183 plus or minus 119
- Unemployment rate5.1 percent plus or minus 3.2
- Adults 25 and over5,550
- Adults 25 and over with a high school diploma or higher90.6 percent
- Adults 25 and over with a bachelor degree or higher27.9 percent
- Adults 25 and over with a graduate degree7.6 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
Housing in Bedford
- Housing units3,379
- Occupied units3,065
- Vacant units314 plus or minus 166
- Vacancy rate9.3 percent plus or minus 4.8
- Owner occupied2,122
- Renter occupied943 plus or minus 243
- Ownership rate69.2 percent
- Median owner-occupied home value$222,500
- Median gross rent, monthly$828
- Annual rent as a share of median income14.1 percent plus or minus 2.8
- Single family units2,657
- Share single family78.6 percent
- Units in buildings of two or more586 plus or minus 198
- Share in buildings of two or more17.3 percent plus or minus 5.5
- Mobile homes136 plus or minus 86
- Median year structure built1973
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
How Bedford gets to work
- Workers 16 and over who commute3,146
- Commuting under 15 minutes1,549 plus or minus 331
- Share commuting under 15 minutes49.2 percent
- Commuting 30 minutes or more1,028 plus or minus 274
- Share commuting 30 minutes or more32.7 percent plus or minus 7.8
- Drove alone76.1 percent
- Carpooled10.9 percent plus or minus 7.0
- Public transport0.0 percent
- Walked0.7 percent plus or minus 0.8
- Worked from home7.7 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bedford
SBA loans in Bedford (7(a))
- Approvals5
- Gross approval$1,152,400
- Average approval$230,480
- Median approval$300,000
- Largest approval$500,000
- Jobs supported59
- Jobs per approval11.8
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term60 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Bedford, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bedford
SBA loans in Bedford (504)
- Approvals1
- Gross approval$460,000
- Average approval$460,000
- Median approval$460,000
- Largest approval$460,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Bedford, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Bedford
Flood risk in Bedford
- NFIP communityTown of Bedford
- NFIP community number510015
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/29/10
The Town of Bedford participates in the National Flood Insurance Program as community 510015 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Bedford County, not Bedford
Bedford County context, not Bedford figures
- Establishments in Bedford County1,818
- Covered employment, Bedford County18,602
- Average annual pay, Bedford County$48,340
- Housing units permitted, Bedford County294
Every figure in this section is published for Bedford County as a whole and is not a measurement of Bedford.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Bedford questions, answered from the record.
How many people live in Bedford, Virginia?
7,724, in 3,065 households. Bedford town covers 11.09 square miles of land, which is 696 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bedford in?
Bedford County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Bedford?
$70,288. The median owner-occupied home is valued at $222,500. Median gross rent is $828 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bedford businesses?
5 7(a) approvals totaling $1.2 m since FY2020, across 3 lenders, median approval $300,000, plus 1 504 approvals worth $460,000 since FY2010. These count approvals to borrowers whose address is in Bedford, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bedford borrowers get paid back?
No rate is published for Bedford. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Bedford in the National Flood Insurance Program?
Yes. Bedford appears in the FEMA Community Status Book as Bedford, town of, community 510015, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Bedford figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Bedford County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Bedford.
Is zoning published for Bedford?
No. Nothing on this page presents parcel level zoning.
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