Virginia · Census place 29744
Fredericksburg city, VA
Quick answer
Fredericksburg city has 28,383 residents, ranking #38 of 688 places in Virginia. Median household income is $85,368, the median home is worth $461,500 and median gross rent runs $1,521 a month.
- Population
- 28,383Fredericksburg city residents
- Median household income
- $85,368Past 12 months, inflation adjusted
- Median home value
- $461,500Owner-occupied units
- Median gross rent
- $1,521Rent plus utilities, monthly
- Median age
- 31 yrsAll residents
- Homeownership rate
- 41.6%Owner-occupied households
What the numbers mean in Fredericksburg city
Housing cost measured against local earnings.
A household earning the Fredericksburg city median would spend about 21.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.4% of residents and 41.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Virginia.
- Sterling CDP 31,251
- Springfield CDP 30,894
- West Falls Church CDP 30,660
- Short Pump CDP 28,177
- Tysons CDP 28,022
- Winchester city 27,981
- Cave Spring CDP 26,014
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