Bedford, PA Real Estate
According to census data in the year 2000 there were 1,640 housing units in Bedford.
This represents a 3.9% growth from 1,579 in 1990.
Of those housing units, 1,640 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bedford is about 51.8%.
Bedford's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.04 people.
The majority of houses, apartments or condos in Bedford were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 25.10% |
| Two Bedrooms | 23.90% |
| Three Bedrooms | 35% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $90,000 |
| Median Price asked for vacant units | $81,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.51 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $308 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 45.90% |
| Debt Free | 44.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
