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Bedford, Virginia Mortgage and Housing Information

Population: 6,299
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$58,300

Value of Houses and Condos

A comparison of the average prices of homes in Bedford, Virginia and the U.S.
U.S.VirginiaBedford
Median home value
in year 2000
$111,800$118,800$89,800

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.VirginiaBedford
With a mortgage$1,088$1,144$760
Without a mortgage$295$263$220

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Bedford (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage68449.5%
First Mortgage Only53338.6%
Second Mortgage and/or Home Equity Loan16411.9%
Total1,381100%

Tenancy in Bedford

How many people in Bedford live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes1,519
Renter-occupied homes1,000
Homes for sale28
Homes for rent70
Total2,702

Age of Bedford Residents

Median age for males and females (2000).
Males 38
Females 43

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.VirginiaBedford
Median Earnings$23,755$25,357$18,000
Median Earnings, Males$29,458$30,685$22,731
Median Earnings, Females$18,957$20,217$15,252

Males earn $7,479 (49.0%) more than Females in Bedford.

Commuting in Bedford

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo1,790
Carpooled440
Public Transit7
Bicycle0
Walking103
Other Means14
Total, Commuted2,354
Worked from home67
Total2,421

Time Spent Commuting in Bedford

Time spent commuting in Bedford
Time spent in minutesNumber of People
Less than 5176
5-9595
10-14459
15-19245
20-24152
25-2953
30-34181
35-39103
40-44107
45-59198
60-8952
Over 9033

Education

Level of higher education for people over 25 years in Bedford (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College33616.6%51125.2%
Associate Degree824.0%1185.8%
Bachelor's Degree22511.1%25312.5%
Master's Degree884.3%572.8%
Professional Degree281.4%190.9%
Doctorate Degree140.7%00.0%
Total (at least some college)77338.2%95838.8%
Total over 252,026100%2,468100%

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