Official Federal Data
Fredericksburg city, Virginia
FIPS 51630 · Washington-Arlington-Alexandria, DC-VA-MD-WV · Population 28,873
9 Sources
Updated June 22, 2026
$86,071 ▲
Median Income
$80,734 national
3.5% ▲
Unemployment
4% national
16,174
Labor Force
46.1% ▲
Bachelor's+
35.7% national
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$86,071 ▲
Per Capita
$47,502 ▲
Mean Household
$116,520 ▲
Poverty Rate
13.2% ▼
Median Income Comparison
Fredericksburg city$86,071
Virginia$93,170
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 21.2%
18-34 · 33.4%
35-54 · 23.6%
55-64 · 10.4%
65+ · 11.4%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
92.2%
High School+
National: 89.6%
▲ +2.6 pts
46.1%
Bachelor's+
National: 35.7%
▲ +10.4 pts
20.3%
Graduate+
National: 14.1%
▲ +6.2 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
28,873
Population
16,174
Labor Force
Employed
15,256
Unemployment Rate BLS LAUS 2025 annual
3.5% ▲ +0.4 pts YoY
Mean Commute 6 min above national avg
31.9 min
Work From Home vs 15.1% national
16.9%
Key Takeaways
- Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 10.4 pts, supports knowledge-economy and tech attraction.
- Young population: Median age of 32 is materially below the U.S. norm, a workforce pipeline asset.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 7,066 workers (36.4% of tracked sectors), at an average wage of $83,499.
- Wage stratification: Finance and Insurance averages $108,596 while Arts, Entertainment, and Recreation averages $24,983, a 4.3x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Health Care & Social Assistance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
3,997
Cluster Employment
2.75x
Peak LQ
Concentrated Sub-Sectors
Museums, Historical Sites, and Similar
3.17x 92
Ambulatory Health Care Services
2.75x 3,997
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
2.03x 485
Food Services and Drinking Places
1.89x 3,723
Furniture, Home Furnishings, and Other Retailers
1.75x 217
Building Material and Garden Supply Retailers
1.56x 344
General Merchandise Retailers
1.50x 783
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.25x
Educational Services
133 employed
0.32x
Insurance Carriers and Related Activities
133 employed
Key Takeaways
- Top specialization: Museums, Historical Sites, and Similar concentrates at 3.17x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
- Cluster depth: 7 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$483,700 ▲
Median Home Value vs 2019
$1,619 ▲
Rent/Mo
39.7% ▲
Owner-Occ
5.6% ▼
Vacancy
5.6x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$1,953/mo
1 Bedroom
$2,015/mo
2 Bedroom
$2,246/mo
3 Bedroom
$2,835/mo
4 Bedroom
$3,332/mo
30% of monthly median household income (~$2,152/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- Stretched market: Home value to income ratio of 5.6x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
- Renter-majority market: 39.7% owner-occupied; flexible labor mobility but consider home-buying pipeline if attracting families.
- Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,152/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
19,454 ▼
Working Age (18-64) vs 2019
Mean Commute 6 min above national avg
31.9 min
Work From Home vs 15.1% national
16.9%
Prime-Age Employed (25-54)
86%
of prime-age population
▼ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
46.1% ▲
HS Diploma+
92.2% ▲
Regional / Statewide Institutions
Total credentials awarded
72,277/yr
25,513/yr
10,335/yr
10,020/yr
9,615/yr
9,087/yr
7,707/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
15.5%
55-64 of working-age population (18-64)
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
47.4%
Service
15.6%
Sales & Office
18.7%
Construction / Maint.
6.2%
Production / Transport
12%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 15,256 employed workers.
Key Takeaways
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 45,868 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Fredericksburg city shows meaningful potential for museums, historical sites, and similar attraction, with a 3.17x concentration and 92 jobs in this sub-sector.
The interconnected base across museums, historical sites, and similar, ambulatory health care services, and sporting goods, hobby, musical instrument, book, and misc. retailers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Fredericksburg city, Virginia, from federal data sources.
What is the population of Fredericksburg city, Virginia?
28,873 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Fredericksburg city, Virginia?
$86,071 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Fredericksburg city, Virginia?
3.5% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
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