Most Expensive Frederick Neighborhoods
Frederick is a somewhat small town located in the state of Colorado. With a population of 10,927 people and seven constituent neighborhoods, Frederick is the 56th largest community in Colorado. There's nothing like the smell of a brand new house, and in Frederick, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Frederick, and putting down their money on brand new construction. Frederick’s real estate is, on average, some of the newest in the nation. Frederick does seem to be experiencing an influx of affluent people, because the median household income is $80,727.
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 office and administrative support (12.94%), management occupations (12.78%) and sales jobs (7.89%).
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 31.37 minutes every day commuting to work.
The population of Frederick is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 34.00% of adults in Frederick have a bachelor's degree or even advanced degree.
The per capita income in Frederick in 2010 was $30,444, which is upper middle income relative to Colorado and the nation. This equates to an annual income of $121,776 for a family of four. However, Frederick contains both very wealthy and poor people as well.
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 14.40% of the town’s residents. Important ancestries of people in Frederick include German, Irish, English, Italian, Swedish and French.
The most common language spoken in Frederick is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||3,228|
|FREDERICK HOME OWNERSHIP|
|% OWNER OCCUPIED||91.79%|
|% RENTER OCCUPIED||8.21%|
|TYPE OF FREDERICK HOMES|
|SINGLE FAMILY DETACHED||92.08%|
|ROWHOUSES AND ATTACHED HOMES||1.16%|
|SMALL APARTMENT BUILDINGS||2.08%|
|COMPLEXES OR HIGH RISE APARTMENTS||1.51%|
|SIZE OF FREDERICK HOMES|
|5 OR MORE BEDROOMS||9.17%|
|AGE OF FREDERICK HOMES|
|NEWER HOMES (2000 OR LATER)||67.95%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||25.37%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||3.59%|
|HISTORIC (1939 OR BEFORE)||3.09%|
|FREDERICK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$343,371|
|MEDIAN RENTAL PRICE||$1,794|
|HOME VALUE RANGE|
|$0 - $72,000||2.84%|
|$72,001 - $144,000||4.12%|
|$144,001 - $289,000||29.40%|
|$289,001 - $433,000||40.23%|
|$433,001 - $578,000||16.23%|
|$578,001 - $722,000||3.71%|
|$722,001 - $1,083,000||3.27%|
|$1,083,001 - $1,444,000||0.20%|
|PEOPLE OF FREDERICK||DETAILS|
|UNDER 5 YEARS||8.78%|
|5 TO 17||20.77%|
|18 TO 24||6.06%|
|25 TO 34||14.77%|
|35 TO 54||32.42%|
|55 TO 64||10.01%|
|65 YEARS AND OVER||7.19%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.18%|
|MEDIAN HOUSEHOLD INCOME||$80,727|
|PER CAPITA INCOME||$30,444|
|INDIVIDUALS BELOW POVERTY LEVEL||5.90%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (14.25%)
Professional, scientific, and technical services (10.41%)
Public Service (6.10%)
Information Technology (4.01%)
|BLACK OR AFRICAN AMERICAN||0.15%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.90%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.17%|
|SOME OTHER RACE ALONE||4.01%|
|TWO OR MORE RACES||1.46%|
|HISPANIC OR LATINO (OF ANY RACE)||14.40%|
|ETHNICITIES PRESENT||German (24.16%)
|LANGUAGES SPOKEN||English (94.37%)
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