Fredericksburg, Virginia Demographics 2026

Population Overview

Fredericksburg is located in Virginia with a total population of 28,383. It is the 61st most populous county out of 133 in Virginia.

Age Demographics

The median age in Fredericksburg 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 is $85,368. This is 6% lower than the state median of $90,974. It is also 9% higher than the national median of $78,538. 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 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.

Data Sources & Methodology

All figures for Fredericksburg come from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023), with comparisons drawn against Virginia and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.