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According to statistics, the population in Fredericksburg, VA amounts to 28,135, which shows growth 1% compared to the previous year. The median age of the city’s residents is 30. The average household income is $57,258, shifting growth 6% from the past year, and the average property value in Fredericksburg, VA growth 6% to $341,200 throughout the year.
|Number Of Employees||14,674|
|Median Property Value||$341,200|
The average household income in Fredericksburg, VA grew from $53,980 to $57,258 in the past year. This data is an estimate based upon 10,419 households in Fredericksburg, VA . The chart below presents how household income is distributed in Fredericksburg, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Fredericksburg, VA shifted from $321,500 to $341,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Fredericksburg, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Fredericksburg, VA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fredericksburg, VA compared to median property taxes around the country. The prevalent amount of property taxes in Fredericksburg, VA equals $2500, which is less than the national average.