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Frederick, MD 21702 has a population of approximately 41,271 and experiences a population change rate of 34.30%. The population density is 1,021.7 / sq mi .
The median household income for Frederick, MD 21702 is $92,267, with 17,018 households and an average household size of 2.59.
The median value of a home in Frederick, MD 21702 is $380,000 with an appreciation rate of 11.50%. 61.26% of housing in the state is owned while 33.84% is rented.
The cost of living in Frederick, MD 21702 is 117 %.
The unemployment rate in Frederick, MD 21702 is 1.70%, and recent job growth is at 1.90%. Future job growth is projected at 33.87%.
The sales tax rate in Frederick, MD 21702 is 6.00%, while the income tax rate is 4.75% .
School expenditures in Frederick, MD 21702 are $16,215, and the school ratio is 15.7:1.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 42.4 inches per year, with 23.1 inches of snow per year.