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The total population of Fredericksburg is estimated to be 28,258 with 13,202 males (46.72%) and 15,056 females (53.28%). There are 1,854 more females than males in Fredericksburg.
The median household income in Fredericksburg was $78,142 in 2021, which marked an a decrease of 643(0.82%) from $78,785 in 2020. This income is 104.74% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Fredericksburg sees its highest median household income among householders in the age group of 45 to 64 years old, at $113,283. Overall, the median household income for the city of Fredericksburg stands at $78,142.
In Fredericksburg, the median income for all workers aged 15 years and older, regardless of work hours, was $53,480 for males and $29,518 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $71,262 for males and $56,670 for females.
In Fredericksburg, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, American Indian and Alaska Native households have the highest median household income at $161,277, while Black or African American households represent the opposite end with the lowest median household income of $66,045.
In 2022, the population of Fredericksburg was 28,757, a 1.05% increase year-by-year from 2021. Previously, in 2021, Fredericksburg's population was 28,458, an increase of 1.65% compared to a population of 27,995 in 2020.
The median age in Fredericksburg, VA is 30.7, as per 2021 ACS 5-Year Estimates. Of the total population, 18.13% were under the age of 15, 30.87% aged 15 to 29, 39.99% aged 30 to 64, 9.80% aged 65 to 84, and 1.21% were 85 years of age and older.
Racial distribution of Fredericksburg population: 61.88% are White, 20.68% are Black or African American, 0.14% are American Indian and Alaska Native, 3.48% are Asian, 4.27% are some other race and 9.56% are multiracial.