Fredericksburg, VA
REAL ESTATE & DEMOGRAPHIC DATA






Fredericksburg profile


Living in Fredericksburg


Fredericksburg is a medium-sized city located in the state of Virginia. With a population of 27,982 people and 44 constituent neighborhoods, Fredericksburg is the 37th largest community in Virginia. Much of the housing stock in Fredericksburg was built relatively recently. The construction of new real estate can often be taken as an indication that the local Fredericksburg economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Fredericksburg, where the median household income is $69,528.00.

Fredericksburg home prices are not only among the most expensive in Virginia, but Fredericksburg real estate also consistently ranks among the most expensive in America.

Fredericksburg is a decidedly white-collar city, with fully 85.90% of the workforce employed in white-collar jobs, well above the national average. Overall, Fredericksburg is a city of professionals, managers, and service providers. There are especially a lot of people living in Fredericksburg who work in management occupations (11.51%), business and financial occupations (10.84%), and office and administrative support (9.04%).

Also of interest is that Fredericksburg has more people living here who work in computers and math than 95% of the places in the US.

Because there are quite a few people attending college in Fredericksburg, it is thought of as a college town. To the benefit of the many students in the area, Fredericksburg provides a number of services, amenities and opportunities geared towards their needs and activities.

Fredericksburg, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.

Like elsewhere in America, most people in Fredericksburg use a private automobile to get to work. But notably, a substantial number of Fredericksburg‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.

Fredericksburg is one of the most well-educated cities in the nation. 42.45% of adults in Fredericksburg have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Fredericksburg in 2018 was $36,785, which is upper middle income relative to Virginia and the nation. This equates to an annual income of $147,140 for a family of four. However, Fredericksburg contains both very wealthy and poor people as well.

Fredericksburg is an extremely ethnically-diverse city. The people who call Fredericksburg home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fredericksburg residents report their race to be White, followed by Black or African-American. Fredericksburg also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.10% of the city’s residents. Important ancestries of people in Fredericksburg include German, English, Irish, Italian, and European.

The most common language spoken in Fredericksburg is English. Other important languages spoken here include Spanish and African languages.