CENSUS TRACT
Census Tract 2.02
Virginia · Fredericksburg · 1,207 residents · 0.62 sq mi
Notable rankings
#9lowest low rent in VA#151 US$381#136lowest low rent burden in VA12.2%#275lowest low income in VA$51,250#368lowest short commute in VA20.6 minTRACT SHAPE · Fredericksburg, VA
The short version
Census Tract 2.02 has notably lower household income than the US average, with a median household income of $51,250. Population has held roughly steady since 2020. Median home value is $416,500. With a median age of 46.8, the population is older than the US median of 38.9. Poverty is rare here, at 5.8% of residents. Households here earn about 40% less than the Fredericksburg median.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 46.8
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
1,207
−2%since 2020
from 1,237 in 2020
2020 – 2024
Population density
1,947 / sq mi
−2%since 2020
from 1,995 / sq mi in 2020
US average: 281
Median age
46.8
−5%since 2020
from 49.4 in 2020
US average: 38.9
Population, 2020 – 2024
20241K
Section 02
Income & economy
Median household income
$51,250
−19%inflation adjusted, since 2020
from $52,500 in 2020
US average: $82,259
2020 – 2024
Per capita income
$55,668
+89%since 2020
from $29,505 in 2020
US average: $44,673
Households earning $100K+
41.5%
+13.0 ptssince 2020
from 28.5% in 2020
US average: 53.3%
Poverty rate
5.8%
−14.1 ptssince 2020
from 19.9% in 2020
US average: 12.5%
Income inequality (Gini)
0.545
+32%since 2020
from 0.411 in 2020
US average: 0.476
Workforce by industry, 2024
Other services12.4%
Wholesale trade10.2%
Finance & insurance6.5%
Agriculture, forestry, fishing6.3%
Construction6.3%
Public administration6.2%
Information4.7%
Professional, scientific, technical3.8%
Arts, entertainment, food3.4%
Education & health services2.7%
Retail trade1.1%
Transportation & warehousing0.8%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$416,500
+13%inflation adjusted, since 2020
from $303,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$381
−71%inflation adjusted, since 2020
from $1,073 in 2020
US average: $1,442
Owner-occupied
46.0%
−3.7 ptssince 2020
from 49.7% in 2020
54.0% rent
Vacancy rate
11.4%
−1.2 ptssince 2020
from 12.6% in 2020
US average: 10.0%
Owner cost-burdened
27.9%
+9.9 ptssince 2020
from 18.0% in 2020
US average: 22.9%
Renter cost-burdened
12.2%
−46.9 ptssince 2020
from 59.0% in 2020
US average: 47.4%
Afford Score
8.1
+41%since 2020
from 5.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 2.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic70.8%(876)
Black7.2%(89)
Hispanic / Latino18.9%(234)
Asian1.9%(24)
Other1.1%(14)
Diversity Score57.1%(707)
2024
White, non-Hispanic64.5%(778)
Black17.3%(209)
Hispanic / Latino8.1%(98)
Asian0%(0)
Other10.1%(122)
Diversity Score67.2%(811)
Diversity Score
67
+18%since 2020
from 57 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
41.7%
+7.1 ptssince 2020
from 34.6% in 2020
US average: 35.6%
High school or higher
90.4%
+3.5 ptssince 2020
from 86.9% in 2020
US average: 89.6%
Graduate degree
25.4%
+13.8 ptssince 2020
from 11.7% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
20.6 min
−43%since 2020
from 36.0 min in 2020
US average: 26.5
Drive alone to work
64.0%
−21.5 ptssince 2020
from 85.5% in 2020
US average: 68.9%
Carpooled to work
1.5%
−1.5 ptssince 2020
from 2.9% in 2020
US average: 8.5%
Public transit
1.3%
−9.0 ptssince 2020
from 10.3% in 2020
US average: 3.2%
Worked from home
22.0%
+20.7 ptssince 2020
from 1.3% in 2020
US average: 15.0%
Walked to work
11.3%
+11.3 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
17.3%
+1.4 ptssince 2020
from 16.0% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
5.6%
+5.6 ptssince 2020
from 0.0% in 2020
US average: 5.2%
Labor force participation
67.9%
+16.4 ptssince 2020
from 51.6% in 2020
US average: 63.5%
Self-employed
19.7%
+5.1 ptssince 2020
from 14.5% in 2020
US average: 13.1%
Management & professional
49.5%
+1.8 ptssince 2020
from 47.7% in 2020
US average: 42.5%
Section 08
People & community
Male
45.9%
+2.4 ptssince 2020
from 43.5% in 2020
Female
54.1%
−2.4 ptssince 2020
from 56.5% in 2020
Foreign born
0.4%
+0.3 ptssince 2020
from 0.1% in 2020
US average: 14.1%
Veterans
14.2%
+7.1 ptssince 2020
from 7.1% in 2020
US average: 6.2%
With a disability
11.1%
−13.9 ptssince 2020
from 25.0% in 2020
US average: 13.3%
Uninsured
10.7%
−2.7 ptssince 2020
from 13.4% in 2020
US average: 8.4%
Broadband at home
83.3%
+30.1 ptssince 2020
from 53.2% in 2020
US average: 91.0%
English only at home
94.1%
−5.9 ptssince 2020
from 100.0% in 2020
US average: 77.7%
Spanish at home
5.4%
+5.4 ptssince 2020
from 0.0% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 2.02 to nearby tracts
CENSUS TRACT 2.02 VS
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CENSUS TRACT 2.02 VS
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CENSUS TRACT 2.02 VS
Census Tract 3.01
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CENSUS TRACT 2.02 VS
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Frequently asked
How many people live in this census tract?
this census tract has about 1,207 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $51,250 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $416,500, and the typical rent is about $381 a month.
How educated are people in this census tract?
About 41.7% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 5.8% of people in this census tract live below the federal poverty line.
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Containing area
FredericksburgOther census tracts in Fredericksburg
Census Tract 5Census Tract 3.02Census Tract 2.01Census Tract 4Census Tract 1Census Tract 3.01DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024