Most Expensive Fredericksburg Neighborhoods
Fredericksburg is a medium-sized city located in the state of Virginia. With a population of 28,350 people and 37 constituent neighborhoods, Fredericksburg is the 37th largest community in Virginia.
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 87.59% of the workforce employed in white-collar jobs, well above the national average. Overall, Fredericksburg is a city of professionals, sales and office workers and service providers. There are especially a lot of people living in Fredericksburg who work in office and administrative support (14.44%), sales jobs (10.87%) and management occupations (10.17%).
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.
In addition, Fredericksburg is a college town. There are a lot of students in Fredericksburg attending college, and as a result Fredericksburg provides a number of services, amenities and opportunities geared to the needs and activities of students.
Fredericksburg, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
Although the majority of commuting trips in the city are by private automobile, Fredericksburg is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Fredericksburg area by reducing both traffic and air pollution.
The population of Fredericksburg 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: 37.71% of adults in Fredericksburg have a bachelor's degree or even advanced degree.
The per capita income in Fredericksburg in 2010 was $28,453, which is upper middle income relative to Virginia and the nation. This equates to an annual income of $113,812 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 10.80% of the city’s residents. Important ancestries of people in Fredericksburg include Irish, German, English, Italian, French and Polish.
The most common language spoken in Fredericksburg is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||9,849|
|FREDERICKSBURG HOME OWNERSHIP|
|% OWNER OCCUPIED||32.62%|
|% RENTER OCCUPIED||67.38%|
|TYPE OF FREDERICKSBURG HOMES|
|SINGLE FAMILY DETACHED||41.34%|
|ROWHOUSES AND ATTACHED HOMES||10.14%|
|SMALL APARTMENT BUILDINGS||7.05%|
|COMPLEXES OR HIGH RISE APARTMENTS||41.33%|
|SIZE OF FREDERICKSBURG HOMES|
|5 OR MORE BEDROOMS||2.87%|
|AGE OF FREDERICKSBURG HOMES|
|NEWER HOMES (2000 OR LATER)||21.44%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||37.46%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||24.78%|
|HISTORIC (1939 OR BEFORE)||16.33%|
|FREDERICKSBURG REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$365,292|
|MEDIAN RENTAL PRICE||$1,080|
|HOME VALUE RANGE|
|$0 - $58,000||1.43%|
|$58,001 - $116,000||5.84%|
|$116,001 - $232,000||13.59%|
|$232,001 - $349,000||23.84%|
|$349,001 - $465,000||31.23%|
|$465,001 - $581,000||10.67%|
|$581,001 - $872,000||9.63%|
|$872,001 - $1,162,000||2.98%|
|PEOPLE OF FREDERICKSBURG||DETAILS|
|UNDER 5 YEARS||7.07%|
|5 TO 17||13.09%|
|18 TO 24||21.71%|
|25 TO 34||15.91%|
|35 TO 54||23.40%|
|55 TO 64||8.82%|
|65 YEARS AND OVER||10.00%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||91.33%|
|MEDIAN HOUSEHOLD INCOME||$49,454|
|PER CAPITA INCOME||$28,453|
|INDIVIDUALS BELOW POVERTY LEVEL||19.23%|
|INDUSTRIES PEOPLE WORK IN||Retail (12.71%)
Public Service (9.84%)
Professional, scientific, and technical services (8.21%)
|BLACK OR AFRICAN AMERICAN||22.43%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.39%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.04%|
|SOME OTHER RACE ALONE||4.09%|
|TWO OR MORE RACES||4.22%|
|HISPANIC OR LATINO (OF ANY RACE)||10.80%|
|ETHNICITIES PRESENT||Irish (12.10%)
|LANGUAGES SPOKEN||English (87.75%)
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