Bedford, Virginia Unemployment

Bedford, Virginia has a population of 6,812, with a median household income of $56,111.

Current unemployment data for Bedford.

4.60%

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Population

6,812

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Median Income

$56,111

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Unemployment

4.60%

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Housing Price

$236,700

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Crime Rate

5.50

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Internet Speed

167.80 Mbps

Bedford is a small local community located in Virginia. The city has a population that is below the average city population in Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Bedford is a notable city in Virginia, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Bedford has a population of 6,812, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bedford is $56,111, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Bedford is about $236,700, making it relatively affordable compared to many cities in Virginia.

Employment and Safety

The unemployment rate in Bedford is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Bedford are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Virginia, Bedford shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Virginia, Bedford contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Bedford

What is the population of Bedford?

The population of Bedford is approximately 6,812.

Is Bedford a good place to live?

Bedford offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bedford?

The median household income in Bedford is around $56,111.

How expensive is housing in Bedford?

The average housing price in Bedford is approximately $236,700.