Frederick is a somewhat small town located in the state of Colorado. With a population of 13,960 people and seven constituent neighborhoods, Frederick is the 56th largest community in Colorado. Much of the housing stock in Frederick was built relatively recently. The construction of new real estate can often be taken as an indication that the local Frederick economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Frederick, where the median household income is $105,827.00.
Housing costs in Frederick are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Frederick is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Frederick is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Frederick who work in management occupations (11.82%), office and administrative support (10.56%), and sales jobs (9.87%).
Also of interest is that Frederick has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Frederick is a great place for families with children to consider. First of all, many other families with children live here, making Frederick a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Frederick has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Frederick’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Frederick, however, is that residents on average have to contend with a long commute, spending on average 33.60 minutes every day commuting to work.
The citizens of Frederick are very well educated compared to the average community in the nation: 36.61% of adults in Frederick have a bachelor's degree or even advanced degree.
The per capita income in Frederick in 2018 was $38,997, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $155,988 for a family of four.
Frederick is a very ethnically-diverse town. The people who call Frederick home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frederick residents report their race to be White, followed by Asian. Frederick also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.98% of the town’s residents. Important ancestries of people in Frederick include German, English, Irish, Italian, and French.
The most common language spoken in Frederick is English. Other important languages spoken here include Spanish and Miao/Hmong.