Last updated: 2024 BLS data · Page refreshed:
Frederick has a population of 83,395 with a median age of 37.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 83,395 |
| Median Age | 37.1 |
| White | 52.8% |
| Black or African American | 17.4% |
| Asian | 5.8% |
| Hispanic or Latino | 20.5% |
| Other / Two or More Races | 3.5% |
The median household income in Frederick is $97,069, which is 20.4% above the national median of $80,610. The per capita income is $49,823. The poverty rate is 9.2%.
The unemployment rate in Frederick is 2.7%, compared to the national rate of 4.1%.
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In Frederick, 89.1% of residents age 25+ have a high school diploma or higher, and 43.2% hold a bachelor's degree or higher (19.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.1% |
| Bachelor's Degree or Higher | 43.2% |
| Graduate or Professional Degree | 19.3% |
The median home value in Frederick is $401,500, above the national median of $303,400. The median monthly rent is $1,764. The homeownership rate is 58.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $401,500 |
| Median Monthly Rent | $1,764 |
| Homeownership Rate | 58.8% |
| Vacancy Rate | 5.2% |
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