Fredericksburg city, Virginia Demographics 2026

Population Overview

Fredericksburg city is located in Virginia with a total population of 28,383. It is the 61st most populous county out of 133 in Virginia. The county encompasses 1 Census-designated place.

Age Demographics

The median age in Fredericksburg city is 31.0 years. This is 20% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Fredericksburg city is $85,368. This is 6% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 9% higher. The poverty rate stands at 16.4%. This is 65% higher than the state poverty rate of 9.9%. The unemployment rate is 4.6%. This is 7% higher than the state rate of 4.3%. The median home value is $461,500. Housing costs are 28% higher than the state median of $360,700. The home-value-to-income ratio is 5.4x. 41.6% of occupied housing units are owner-occupied. This homeownership rate is 38% lower than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Fredericksburg city is White (non-Hispanic), making up 55.6% of the population. Black or African American residents account for 19.8%.

Education

46.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% higher than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.7%. Notably, 20.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.