Economy in Bedford, Virginia
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Economy
| Unemployment Rate | 8.10% | 9.10% |
| Recent Job Growth | 2.16% | -0.12% |
| Future Job Growth | 36.22% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $19,938 | $27,067 |
| Household Income | $35,333 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 21.72% | 12.10% |
| Income between 15K and 25K | 15.60% | 10.18% |
| Income between 25K and 35K | 12.35% | 10.56% |
| Income between 35K and 50K | 18.89% | 14.98% |
| Income between 50K and 75K | 15.44% | 19.53% |
| Income between 75K and 100K | 8.35% | 12.52% |
| Income between 100K and 150K | 4.12% | 12.14% |
| Income between 150K and 250K | 2.00% | 3.91% |
| Income between 250K and 500K | 1.37% | 3.34% |
| Income greater than 500K | 0.16% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.00% | 13.81% |
| Professional and Related Occupations | 20.27% | 22.68% |
| Service | 15.69% | 14.51% |
| Sales and Office | 28.00% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 8.48% | 9.37% |
| Production, Transportation, and Material Moving | 22.74% | 15.86% |
The unemployment rate in Bedford, VA, is 8.10%, with job growth of 2.16%. Future job growth over the next ten years is predicted to be 36.22%.
Bedford, VA Taxes
Bedford, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Bedford, VA Income and Salaries
The income per capita is $19,938, which includes all adults and children. The median household income is $35,333.
Bedford Economy SperlingViews
Culture & Recreation-Not: Little if any culture other than wals in the woods and visits to D-Day memorial. Elks home theater is only drama... (read more)Culture & Recreation-Not: Very little culture other than walks in the woods and visits to the D-Day... (read more)Cost of Living: I've lived in Beford county for 17 years and the cost of living is great!
I disagree with the person who said the cost of living is high. I bought a fairly new home on... (read more)Have an opinion about Bedford? Leave a commentTo See All SperlingViews for Bedford Click Here