Last updated: 2024 BLS data · Page refreshed:
Fredericksburg has a population of 11,419 with a median age of 48.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 11,419 |
| Median Age | 48.5 |
| White | 84.6% |
| Black or African American | 0.7% |
| Asian | 0.5% |
| Hispanic or Latino | 18.6% |
The median household income in Fredericksburg is $64,534, which is 19.9% below the national median of $80,610. The per capita income is $48,942. The poverty rate is 9.2%.
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In Fredericksburg, 90.5% of residents age 25+ have a high school diploma or higher, and 43.3% hold a bachelor's degree or higher (16.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.5% |
| Bachelor's Degree or Higher | 43.3% |
| Graduate or Professional Degree | 16.1% |
The median home value in Fredericksburg is $460,300, above the national median of $303,400. The median monthly rent is $1,386. The homeownership rate is 63.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $460,300 |
| Median Monthly Rent | $1,386 |
| Homeownership Rate | 63.1% |
| Vacancy Rate | 21.5% |
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