Fredericksburg, Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Fredericksburg, Virginia had a total population of 28,873, the 40th largest city in Virginia, with a median household income of $86,071, which is 8% lower than the state average. The poverty rate is 13.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Fredericksburg Quick Facts
How Fredericksburg Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 28,383 | 28,873 | +1.7% |
| Median household income | $85,368 | $86,071 | +0.8% |
| Median home value | $461,500 | $483,700 | +4.8% |
How Fredericksburg Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Fredericksburg Rankings in Virginia
Explore Virginia Rankings
Cities Similar to Fredericksburg
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cave Spring | 25,742 | $87,539 | $325,800 | 48.8% | 5.9% |
| Winchester | 27,913 | $63,974 | $343,000 | 31.3% | 21.5% |
| Bailey's Crossroads | 24,271 | $88,483 | $416,600 | 45.3% | 22.5% |
| Tysons | 28,936 | $129,818 | $640,000 | 79.3% | 7.9% |
| Chester | 24,474 | $95,104 | $327,200 | 33.8% | 8.1% |
Population Overview
Fredericksburg is a mid-sized community located in Virginia. The total population is 28,873. It ranks as the 40th most populous out of 681 Census-designated places in Virginia.
Age Demographics
The median age in Fredericksburg is 32.1 years. This is 18% lower than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Fredericksburg is $86,071. This is 8% lower than the state median of $93,170. It is also 7% higher than the national median of $80,734. The poverty rate stands at 13.2%. This is 33% higher than the state poverty rate of 9.9%. The unemployment rate is 5.1%. This is 19% higher than the state rate of 4.3%. The median home value is $483,700. Housing costs are 26% higher than the state median of $383,700. The home-value-to-income ratio is 5.6x. 39.7% of occupied housing units are owner-occupied. This homeownership rate is 41% lower than the state average of 67.3%.
Race & Ethnicity
The largest racial or ethnic group in Fredericksburg is White (non-Hispanic), making up 54.7% of the population. Black or African American residents account for 19.4%.
Education
46.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.2%. Notably, 20.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Fredericksburg, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Fredericksburg, Virginia?
Fredericksburg, Virginia has a population of 28,873 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Fredericksburg, VA?
The median household income in Fredericksburg is $86,071, which is 7% higher than the national median of $80,734.
What is the poverty rate in Fredericksburg, VA?
The poverty rate in Fredericksburg is 13.2%. This means approximately 3,525 residents live below the federal poverty line.
What is the racial makeup of Fredericksburg, Virginia?
Fredericksburg's population is 54.7% White, 19.4% Black, 12.6% Hispanic/Latino, and 4.0% Asian.
What is the median home value in Fredericksburg, VA?
The median home value in Fredericksburg is $483,700. The home-value-to-income ratio is 5.6x.
How educated is Fredericksburg, Virginia?
46.1% of adults (25+) in Fredericksburg hold a bachelor's degree or higher, and 20.3% hold a graduate or professional degree.