✈️

Bedford

28 min to Boston
"Hanscom Air Force Base area with tech workers and excellent schools"
Median Price
$1,168,454
$580/sqft
School Rating
8.8/10
Great
Appreciation
4.8%
per year
Commute
28 min
to downtown

Financing Considerations

Properties in Bedford typically may qualify for high-balance conforming loans, though jumbo financing might be needed depending on exact property price.

Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.

The Vibe

Affluent suburban community near Hanscom Air Force Base with excellent schools and tech workers

What It's Really Like

Bedford is affluent suburban—excellent schools (8.8/10), Hanscom proximity, tech workers, and families who chose education over urban convenience.

Best For

  • Tech workers
  • Military families
  • School-focused families
  • Long-term investors

Avoid If

  • You want nightlife
  • You need quick Boston access
  • You prefer urban living

🌟Highlights

✈️Near Hanscom Air Force Base
🏫Excellent schools (8.8/10)
💻Tech worker community
🏡High-end suburban homes

Insider Tips

  • 💡Hanscom area has good restaurants and services
  • 💡Property values are very stable
  • 💡Great for families with school-age children

Demographics

Population
14,332
Median Age
43.1
Median Income
$203,252

Economic Profile

Remote Work
28.8%
work from home
Professional Workers
65.5%
knowledge economy
Broadband Access
96.1%
digital infrastructure
Homeownership
70.3%
owner-occupied
Poverty Rate
4.6%
below poverty line
Median Home Value
$829K
Census estimate
Data source: Census ACS 2022 5-year

Religious Community

Places of Worship
6
Churches
6
Historical Context: Oldest establishment dates to 17302 established before 1900
Data Source: MassGIS 2025 (Updated 2025-02-03)

Housing Stock Age

Median Year Built
1965
60 years old
Pre-1940 Construction
14.7%
Lower risk
Post-2000 Construction
21.6%
Modern housing stock
Est. Annual Insurance
$2,200
Based on housing age

Moderate Insurance Risk

Median home built in 1965. Insurance premiums estimated at $2,200/year. Some older homes may require system updates (electrical, plumbing, HVAC).

Insurance Cost Calculator

Estimate your annual homeowners insurance premium

$584,227$1,168,454$2,336,908

Leave blank to use town median (1965)

Annual Premium
$2,200
$183/month
vs. State Average
+10%
MA avg: $2,008/year
Risk Category
HIGH
Based on home age

30-Year Mortgage Impact

$66,000

Total insurance cost over 30-year mortgage (equivalent to 0.2% of home value)

Age Penalty

This home costs $589 more per year to insure than a newly built home. Over 30 years, that's $17,670 in additional insurance costs.

Ways to Lower Your Premium

  • Bundle home + auto insurance with same carrier (10-25% discount)
  • Increase deductible from $500 to $2,500 (save 15-30%)
  • Install monitored security system (5-20% discount)
  • Update electrical panel and remove knob-and-tube wiring
  • Replace roof with impact-resistant materials (save 5-15%)
  • Upgrade plumbing to PEX or copper
  • Complete full home inspection and address major issues
  • Consider MAPFRE or Chubb for historic home coverage

* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.

Construction Era Distribution

2020+
75 units
2010-2019
7.5%
420 units
2000-2009
12.9%
720 units
1990-1999
15.2%
850 units
1980-1989
16.4%
920 units
1970-1979
17.9%
1,000 units
1960-1969
15.2%
850 units
1950-1959
11.6%
650 units
1940-1949
5.2%
290 units
Pre-1940
14.7%
825 units
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