County profile
Bedford County, VA*
United States · GDP 2024
#1044 of 3,127 US counties by GDP51st-percentile growthmore diversified than 79% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$2.7B
BEA · 2024
GDP growth (YoY)
+4.5%
BEA · 2024
Jobs tracked
16,604
Census CBP · 2023
Employers
1,818
Census CBP · 2023
Avg. wage
$47.7k
BLS QCEW · 2023
Population
83,059
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$78.9k±$3.3k
Bachelor's degree+
33.7%±1.7%
Poverty rate
8.1%±1.4%
Business applications
968 · 2025
Retail establishments
217
26.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing24%
Retail trade23%
Health care20%
Food & accommodation13%
Construction11%
Other services10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
83,059
residents · 2025 · +4.4% since 2020
Income per capita $60.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+4,464
International migration+337
Natural change−1,301
GDP trend
2019–2024 · nominal
$2.1B2019
$2.0B2020
$2.3B2021
$2.4B2022
$2.6B2023
$2.7B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$297.4k±$9.7k
Median gross rent
$952/mo±$48/mo
Vacancy rate
11.6%±1.0%
Affordability
6.2× wages
Residential permits
$134.3M
355 units · 4.3/1k pop
FEMA risk score
51.2
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 73Lightning 71Drought 71
FHFA HOUSE PRICE INDEX · 2016–2025
3202016
3262017
3392018
3522019
3622020
3962021
4562022
5032023
5312024
5502025
RESIDENTIAL PERMITS · 2021–2025
↑ 152% since 20211412021
1682022
2852023
2942024
3552025
Transport access
BTS · FAA · USACE
Nearest interstate
28.2 km
I-81
Nearest freight rail
2.3 km
NS
Nearest port
179.5 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
28.6 km
LYNCHBURG RGNL/PRESTON GLENN FLD
Wage trend
BLS QCEW · 2019–2023$47.7k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Bedford?
Bedford's economy produced $2.7B in 2024, growing 4.5% year over year — about the middle of the pack among US counties. Its largest employment sector is manufacturing.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.