Fredericksburg, Virginia, is a charming locale where history meets modern convenience, presenting an attractive proposition for those seeking a balanced lifestyle. Imagine strolling along cobblestone streets with a Walk Score of 92, easily navigating to local shops, restaurants, and historical landmarks. The affordability here is a standout feature, with a median home value of $320,000, significantly below the national average, and a comfortable median rent of $1,427. This affordability, coupled with a quiet atmosphere and a high Affordability Index of 70, makes it an ideal place for families and individuals alike to establish roots.
From an investment perspective, Fredericksburg offers a stable real estate market. The unemployment rate mirrors the national average at 3.7%, suggesting a healthy local economy. While the homeownership rate stands at 53.0%, the relatively low cost of living, compared to other areas, makes homeownership accessible here. The violent crime rate is reassuringly low at 2.1 per 1,000 residents, contributing to a sense of safety and security. Whether you're a first-time homebuyer or looking for a sound investment, Fredericksburg offers a compelling blend of value and potential.
The quality of life in Fredericksburg is enhanced by its environmental factors. The air quality is excellent, with an AQI of 40, ensuring clean, breathable air. The noise level is rated as quiet, contributing to a peaceful environment. Furthermore, the city's commitment to preserving its historical charm and fostering a family-friendly atmosphere makes Fredericksburg a truly unique place to call home. With its blend of affordability, safety, and a walkable lifestyle, Fredericksburg is a hidden gem waiting to be discovered.
Median Home Value
$320,000
Median Income
$55,210
Population
29,036
Walk Score
92
Air Quality
AQI 40
Good
Climate Risk
Relatively Low
- Population
- 29,036
- Median Age
- N/A
- Median Household Income
- $55,210
26% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $320,000
14% above nat'l avg
- Median Rent
- $1,427
23% above nat'l avg
- Homeownership Rate
- 53.0%
20% below nat'l avg
- Affordability Index
- 70
30% below nat'l avg
- Violent Crime Rate
- 2.1 per 1K
43% below nat'l avg
- Property Crime Rate
- 15.9 per 1K
9% below nat'l avg
- AQI
- 40
5% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 40.6
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
100% below nat'l avg
- Aviation
- 0 dBA
100% below nat'l avg
- Rail
- 0 dBA
100% below nat'l avg
- Electricity Rate
- 11.0¢/kWh
33% below nat'l avg
- Est. Monthly Electric
- $99
28% below nat'l avg
- Unemployment Rate
- 3.7%
Near nat'l avg
- Poverty Rate
- N/A
Weather & Climate in Fredericksburg
Avg High
69°F
Avg Low
50°F
Annual Rainfall
42.1"
Avg Humidity
68%
Political Landscape
→ Politically stable
Based on Fredericksburg County county-level presidential election data
Culture & Things to Do in Fredericksburg
Fredericksburg Day
A celebration of Fredericksburg's history with reenactments and demonstrations.
Fredericksburg Fall Arts & Craft Festival
An annual festival featuring local artists and craftspeople.
First Night Fredericksburg
A New Year's Eve celebration with various performances and activities.
Fredericksburg Nationals Baseball Games
Watch a minor league baseball game at Virginia Credit Union Stadium.
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