Living in Frederick, Maryland
Cost of living, income, home prices, rent and demographics of Frederick · Census data 2020–2024
Frederick has 83,395 residents with a median age of 37.1. The median household income is $97,069 (6% lower than the Maryland median), the median home value is $401,500, the median rent is $1,764/month.
Frederick at a glance
- Population
- 83,395
- Median age
- 37.1State: 39.4
- Median household income
- $97,069State: $103,678
- Median home value
- $401,500State: $419,900
- Median rent
- $1,764/moState: $1,705
- Homeowners
- 58.8%
- Bachelor's degree or higher
- 43.2%
- Average commute
- 30 min
Is Frederick a good place to live?
Pros: Home values 4% lower than the state median; an average commute of 30 minutes; unemployment of 3.9%; a poverty rate of 9.2%.
Cons: Median household income 6% lower than the Maryland median.
The weather is best in May and August to October.
Cost of living in Frederick
Housing is the biggest part of the cost of living. In Frederick the median home value is $401,500, 21% higher than the U.S. median. Renters pay a median of $1,764 per month, which is 31.2% of household income. Homeowners with a mortgage pay $2,222 a month in housing costs.
Frederick median household income
The median household income in Frederick is $97,069 and the income per person is $49,823. 9.2% of residents live below the poverty line (Maryland: 9.4%).
Housing in Frederick: homes for sale and rent
- Housing units
- 35,421
- Owner-occupied
- 58.8%
- Renter-occupied
- 41.2%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.42
Frederick demographics
- Population
- 83,395
- Median age
- 37.1
- Under 18
- 21.9%
- 65 and older
- 14.3%
- Households
- 33,584
- Foreign-born
- 19.9%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Frederick ›
Education in Frederick
43.2% of adults 25 and older in Frederick have a bachelor's degree or higher (Maryland: 43.4%), and 19.3% have a graduate or professional degree.
Jobs and commute in Frederick
- Unemployment rate
- 3.9%State: 4.9%
- Average commute
- 30 minState: 31 min
- Work from home
- 17.5%
- Drive alone
- 69.1%
- Public transit
- 1.9%
- Walk to work
- 3.1%
- Homes with broadband
- 92.7%
Frederick vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Frederick | 83,395 | $97,069 | $401,500 | $1,764 |
| Walkersville | 6,414 | $130,893 | $488,300 | $1,481 |
| Ballenger Creek | 26,390 | $108,944 | $387,300 | $1,987 |
| Spring Ridge | 5,922 | $145,625 | $489,000 | $1,667 |
| Bartonsville | 3,282 | $156,979 | $621,800 | $1,609 |
| Braddock Heights | 2,892 | $124,000 | $537,700 | — |
| Linganore | 14,444 | $175,833 | $533,500 | $2,523 |
| Middletown | 5,014 | $173,333 | $554,800 | $1,813 |
| Lewistown | 362 | $98,523 | $326,100 | — |
More for people moving to Frederick
Frederick ZIP code ›Weather and climate ›Living in Frederick: FAQ
What is the median household income in Frederick, MD?
The median household income in Frederick is $97,069, 6% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Frederick?
The median home value in Frederick is $401,500, compared with $419,900 in Maryland.
How much is rent in Frederick?
The median gross rent in Frederick is $1,764 per month, about 31.2% of household income.
Is Frederick, MD a good place to live?
Pluses: home values 4% lower than the state median; an average commute of 30 minutes; unemployment of 3.9%; a poverty rate of 9.2%. Minuses: median household income 6% lower than the Maryland median.
What is the median age in Frederick?
The median age in Frederick is 37.1 years (Maryland: 39.4).
How long is the commute in Frederick?
The average commute to work in Frederick is 30 minutes; 17.5% of workers work from home.
What is the unemployment rate in Frederick?
The unemployment rate in Frederick is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Frederick?
43.2% of adults in Frederick have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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