Last updated: 2024 BLS data · Page refreshed:
Frederic has a population of 1,140 with a median age of 44.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,140 |
| Median Age | 44.8 |
| White | 94.8% |
| Black or African American | 0.4% |
| Asian | 2.3% |
| Hispanic or Latino | 0.4% |
| Other / Two or More Races | 2.1% |
The median household income in Frederic is $52,800, which is 34.5% below the national median of $80,610. The per capita income is $31,826. The poverty rate is 16.0%.
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In Frederic, 96.2% of residents age 25+ have a high school diploma or higher, and 16.2% hold a bachelor's degree or higher (5.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.2% |
| Bachelor's Degree or Higher | 16.2% |
| Graduate or Professional Degree | 5.6% |
The median home value in Frederic is $153,500, below the national median of $303,400. The median monthly rent is $766. The homeownership rate is 62.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $153,500 |
| Median Monthly Rent | $766 |
| Homeownership Rate | 62.2% |
| Vacancy Rate | 7.0% |
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