HomeVirginiaBedford CountyForest CDP
Forest CDP, Virginia: commercial real estate data.
Forest CDP is a Census CDP of 13,430 people across 13.61 square miles of land, in Bedford County. Median household income is $81,552, 75.9 percent of occupied homes are owned, and the SBA record carries 17 7(a) approvals to borrowers here worth $6.2 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Forest
What Forest is
- Census place typeCDP
- Land area13.61 sq mi
- Water area0.12 sq mi
- Population per square mile of land987
- 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.
Forest
How many people live in Forest
- Population13,430
- Median age39.2
- Population under 182,689
- Share under 1820.0 percent
- Population 65 and over2,764
- Share 65 and over20.6 percent
- Households5,358
- Family households3,464
- Share of households that are families64.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest
Income and work in Forest
- Median household income$81,552
- Per capita income$42,177
- Civilian labor force6,612
- Employed6,380
- Unemployed232 plus or minus 134
- Unemployment rate3.5 percent plus or minus 2.0
- Adults 25 and over9,120
- Adults 25 and over with a high school diploma or higher96.0 percent
- Adults 25 and over with a bachelor degree or higher45.6 percent
- Adults 25 and over with a graduate degree23.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest
Housing in Forest
- Housing units5,460
- Occupied units5,358
- Vacant units102 plus or minus 108
- Vacancy rate1.9 percent plus or minus 2.0
- Owner occupied4,066
- Renter occupied1,292
- Ownership rate75.9 percent
- Median owner-occupied home value$319,800
- Median gross rent, monthly$1,315
- Annual rent as a share of median income19.3 percent
- Single family units4,063
- Share single family74.4 percent
- Units in buildings of two or more1,321 plus or minus 338
- Share in buildings of two or more24.2 percent plus or minus 6.0
- Mobile homes76 plus or minus 86
- Median year structure built1992
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest
How Forest gets to work
- Workers 16 and over who commute5,333
- Commuting under 15 minutes1,353
- Share commuting under 15 minutes25.4 percent
- Commuting 30 minutes or more1,125 plus or minus 269
- Share commuting 30 minutes or more21.1 percent plus or minus 4.5
- Drove alone80.4 percent
- Carpooled3.1 percent plus or minus 1.7
- Public transport0.0 percent
- Walked0.1 percent plus or minus 0.2
- Worked from home15.6 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Forest
SBA loans in Forest (7(a))
- Approvals17
- Gross approval$6,195,200
- Average approval$364,424
- Median approval$300,000
- Ninetieth percentile approval$962,500
- Largest approval$1,466,600
- Jobs supported135
- Jobs per approval7.9
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more11.8 percent
- Share to franchises5.9 percent
- Distinct lenders13
- Distinct industries by NAICS16
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Forest
SBA loans in Forest (504)
- Approvals5
- Gross approval$9,384,000
- Average approval$1,876,800
- Median approval$1,966,000
- Largest approval$2,691,000
- Jobs supported71
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Bedford County, not Forest
Bedford County context, not Forest figures
These are Bedford County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Forest measurements.
- Establishments in Bedford County1,818
- Employment at those establishments, Bedford County16,604
- Covered employment, Bedford County18,602
- Average annual pay, Bedford County$48,340
- Average weekly wage, Bedford County$930
- Housing units permitted, Bedford County294
- Of those, single family, Bedford County266
- County product, 2024, Bedford County$2,745,970,000
- County product change over the prior year, Bedford County4.5 percent
- Average income of an arriving household, Bedford County$76,332
Every figure in this section is published for Bedford County as a whole and is not a measurement of Forest. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Forest questions, answered from the record.
How many people live in Forest, Virginia?
13,430, in 5,358 households. Forest CDP covers 13.61 square miles of land, which is 987 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Forest 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 Forest?
$81,552. The median owner-occupied home is valued at $319,800. Median gross rent is $1,315 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Forest businesses?
17 7(a) approvals totalling $6.2 m, across 13 lenders, median approval $300,000, plus 5 504 approvals worth $9.4 m. These count approvals to borrowers whose address is in Forest, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Forest borrowers get paid back?
No rate is published for Forest. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Forest figures?
No, and they are labelled 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 Forest.
Is zoning published for Forest?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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