Fredericksburg is home to 28,873 people in Virginia. 40% of homes are owner-occupied. The median age is 32.1, younger than the US median of 38.9. Growth has run 50% since 2000, or 9,594 more people. People stay put here: 71% were in the same home a year ago. 46% of adults hold a bachelor's degree or higher.
At a glance
Average income
median household income $86,071, near the US median
US median: $82,259
Younger
median age 32.1
US median: 38.9
More educated
46% hold a bachelor's degree
US average: 36%
Less affordable
home values up 97%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Fredericksburg
What changed most since 1990
Median home value (2024 dollars)$243,367 → $483,700(+99%)US over the same years: +67%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)49%(1,277)
US avg: 26.4%
Gulf War (1990s)43.9%(1,143)
US avg: 24.3%
Vietnam era18.3%(476)
US avg: 33.1%
Korean War0.5%(12)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 2,606 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Fredericksburg, decade by decade
Fredericksburg population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
19,027
$63,875
$243,367
26.1%
48.5
2000
19,279
$63,002
$245,013
30.5%
55.9
2010
24,286
$62,661
$483,072
31.9%
71.1
2020
27,982
$84,271
$456,575
42.4%
79.3
2024
28,873
$86,071
$483,700
46.1%
79.6
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.