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Fredericksburg has a population of approximately 28,027 and experiences a population change rate of 45.38%. The population density is 2,681.8 / sq mi .
The median household income for Fredericksburg is $72,293, with 11,198 households and an average household size of 2.29.
The median value of a home in Fredericksburg is $399,200 with an appreciation rate of 9.80%. 36.69% of housing in the state is owned while 56.93% is rented.
The cost of living in Fredericksburg is 116.4 %.
The unemployment rate in Fredericksburg is 2.90%, and recent job growth is at 3.30%. Future job growth is projected at 45.61%.
The sales tax rate in Fredericksburg is 5.30%, while the income tax rate is 5.75% .
School expenditures in Fredericksburg are $14,058, and the school ratio is 13.7:1.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 43.2 inches per year, with 13 inches of snow per year.
