Bedford County, Virginia

Income Data

+4% vs. Virginia average
$77,644
Median Household Income
$42,095
Per Capita Income

At a Glance

Median Household Income
$77,644
+4% vs. state avg
Per Capita Income
$42,095
+7% vs. national
Income-to-Housing Ratio
28.1%
income as % of home value
Rank in Virginia
#49 / 133
by median household income

How Bedford County Compares

Bedford County$77,644
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$77,644
Median Household Income
$42,095
Per Capita Income
$276,600
Median Home Value
28.1%
Income-to-Housing Ratio

Data Story

About Household Income in Bedford County, Virginia

Bedford's income edges above the nation

Bedford County's median household income of $77,644 surpasses the national median of $74,755 by nearly $3,000 per year. This above-average standing reflects a stable, productive local economy that supports household financial growth.

Solid earner among Virginia counties

At $77,644, Bedford exceeds Virginia's state median of $74,957 by about 3.6%. Bedford ranks as a strong-performing Virginia county, benefiting from diverse employment and a balanced cost of living.

Part of a prosperous central Virginia cluster

Bedford ($77,644) ranks just below Augusta ($79,972) and Botetourt ($80,467), three neighboring counties with remarkably similar incomes. This consistency across the region suggests shared economic strengths—including manufacturing, services, and rural stability.

Excellent housing affordability for the area

Bedford's rent-to-income ratio of 14.8% is among Virginia's best, leaving households substantial discretionary income after housing costs. A median home value of $276,600 is well within reach for median earners, supporting both ownership and long-term equity building.

Capitalize on Bedford's strong fundamentals

Solid income, low housing burden, and high per-capita income of $42,095 position Bedford residents to invest aggressively in long-term wealth. Focus on diversified investment portfolios, college savings plans, and business ownership opportunities to multiply financial advantage.

Frequently Asked Questions

What is the median household income in Bedford County, Virginia?
The median household income in Bedford County, Virginia is $77,644, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Bedford County?
The per capita income in Bedford County is $42,095, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $77,644.
How does Bedford County compare to the Virginia average?
Bedford County's median household income of $77,644 is higher than the Virginia state average of $74,957. The per capita income is $42,095, compared to the state average of $39,155.
What is the per capita income in Bedford County, Virginia?
The per capita income in Bedford County, Virginia is $42,095, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Bedford County income higher than the Virginia average?
Bedford County's median household income of $77,644 is higher than the Virginia average of $74,957. This difference of $2,687 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Bedford County rank for income in Virginia?
Bedford County ranks #49 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $77,644 and per capita income of $42,095, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $77,644 per year

vs. County Median

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vs. State Average

+4%

vs. National Median

+4%

vs. Bedford County MedianAbout equal
vs. Virginia Average4% above
vs. National Median4% above

Income Adequacy

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Your monthly income ($6,470) vs. median rent ($955/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.