70 / 100

Bedford County, VA

RANK #300 / 1001 NAT  ·  #8 / 37 VA  ·  POP 80,894

1YR FORECAST: +1.6%

5YR OUTLOOK: +20%

Our model projects above-average housing market growth for Bedford County at +1.6% over the next year.

[01] Why Bedford County?

Bedford County, Virginia, is often recognized first for the National D-Day Memorial, a significant landmark honoring the sacrifices of World War II, particularly the "Bedford Boys" who suffered heavy losses on D-Day. Located in the Piedmont region at the foothills of the Blue Ridge Mountains, the county is situated between the cities of Lynchburg (30 minutes east) and Roanoke (40 minutes west), with US Route 460 connecting them. This positioning allows for commuting to both metropolitan areas. The community offers a sparse suburban feel, with natural beauty including the Peaks of Otter and Smith Mountain Lake, providing extensive outdoor recreation like hiking, biking, fishing, and boating.

Life in Bedford County attracts a mix of families, young professionals, and retirees, many of whom own their homes. The public schools are above average, and the county maintains a low cost of living compared to national averages. While historically agricultural, the economy has diversified. Recent economic developments include investments in site development for business and technology centers, and the county actively supports sectors such as manufacturing, nuclear energy, and wireless communications. Agriculture and tourism also remain important economic drivers.

MARKET PROFILE

Educated Suburban Growth

Bedford County is one of 110 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +4.7% runs above the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
25.5x

Overvalued relative to economy

Home Prices
+4.7%

Outpacing national median

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 25.5x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Walmart Retail
    10,000+
  2. 2
    Centra Health (Bedford Memorial Hospital) Healthcare
    5,000+
  3. 3
    Bedford County Public Schools Education
  4. 4
    Bedford County Government Government
  5. 5
    Georgia-Pacific Big Island, LLC Manufacturing
  6. 6
    Food Lion Retail
  7. 7
    L3Harris Technologies Inc. Technology
  8. 8
    Belvac Production Machinery Manufacturing
  9. 9
    Cintas Other
  10. 10
    Sam Moore Furniture Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Bedford County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
80,894
+0.8% YoY
Median Household Income
$78,937
Median Home Value
$297,400
+4.68% 12mo
Median Rent
$952
Average Annual Pay
$50,145
+3.7% YoY
Employment
18,784
+1.0% YoY
Income-to-Home-Value
0.2654
More affordable than average
Migration Inflow
4.83%
of pop. from another state
Bachelor's Degree+
33.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$402,950
Days on Market
20
Active market
Months of Supply
3.5
Balanced market
Sale-to-List Ratio
98.0%
Negotiation room for buyers
Sold Above List
20.8%
Listings w/ Price Drops
31.0%
Building Permits (2025)
355
Single-Family Permits
337

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.5
Firearm Fatalities
16.8
per 100K · nat avg 13.4
Injury Deaths
97.1
per 100K · nat avg 83.6
vs National Average
Well below national avg
based on homicide rate
10-Year Trend
Up 46% since 2017
homicide rate, 2017 → 2025

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Bedford County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Capital Investment

$133M
TOTAL
PROJECT AMOUNT STATUS
Bedford Solar PV Park I
Orsted Wind Power North America (now owned by Virginia Electric and Power)
$70M Operating
Solarix Solar Module Manufacturing Facility
Solarix
$63M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.8% 58 percentile
Income Growth +1.7% 24 percentile
Vacancy Rate 0.6% 85 percentile
Home Price Change +4.7% 82 percentile
Rent Growth +2.7% 41 percentile
Price/Rent 17x 35 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Bedford County, VA a good place to move to?

With a Boom Town Index score of 70/100, Bedford County sits in the upper half of all 1001 ranked counties. Employment is expanding at +1.0%, and median household income stands at $78,937 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in VA.

Is Bedford County affordable?

Housing in Bedford County is roughly in line with national affordability norms. The median home costs $297,400 and the income-to-home-value ratio sits at 0.27, with rents averaging $952/month. Not a bargain, but not a stretch for most local earners either.

Is Bedford County growing or shrinking?

Bedford County's population is growing — up +0.8% YoY — while the job market is roughly flat (employment change of +1.0%). Home values shifted +4.7% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Bedford County?

There's a moderate stream of newcomers. About 4.83% of residents moved from another state, which is above average and suggests Bedford County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Hampton city, VA 70 Roanoke County, VA 67 Virginia Beach city, VA 74 Montgomery County, VA 64 Fauquier County, VA 77 Franklin County, VA 78 Crow Wing County, MN 70 Carbon County, PA 70