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Real Estate Prices & Overview

Bedford East median real estate price is $685,014, which is more expensive than 87.1% of the neighborhoods in New Hampshire and 81.1% of the neighborhoods in the U.S.

The average rental price in Bedford East is currently $3,396, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.5% of the neighborhoods in New Hampshire.

Bedford East is a rural neighborhood (based on population density) located in Bedford, New Hampshire.

Bedford East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Bedford East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Bedford East are 3.8%, which is lower than one will find in 74.6% of American neighborhoods. Demand for real estate in Bedford East is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bedford, the Bedford East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Bedford East neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 92.3% of New Hampshire neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.

Diversity

Did you know that the Bedford East neighborhood has more Scottish and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.7% of this neighborhood's residents have Scottish ancestry and 9.5% have French Canadian ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Bedford East neighborhood in Bedford are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.1% of the neighborhoods in America. In addition, 6.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 60.6% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Bedford East neighborhood, 52.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 19.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 13.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Bedford East neighborhood is English, spoken by 87.3% of households. Some people also speak Spanish (2.2%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Bedford East neighborhood in Bedford, NH, residents most commonly identify their ethnicity or ancestry as English (16.8%). There are also a number of people of Irish ancestry (16.5%), and residents who report German roots (14.2%), and some of the residents are also of Scottish ancestry (9.7%), along with some French Canadian ancestry residents (9.5%), among others. In addition, 10.2% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Bedford East neighborhood spend under 15 minutes commuting one-way to work (32.7% of working residents), one of the shortest commutes across America.

Here most residents (68.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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