Fredericksburg vs Richmond
| Fredericksburg | Richmond | |
|---|---|---|
| Population | 28,258 | 227,171 |
| Median Household Income | $86,071 | $64,587 |
| Median Home Value | $483,700 | $353,000 |
| Median Gross Rent | $1,619/mo | $1,372/mo |
| Homeownership Rate | 39.7% | 43.5% |
| Unemployment Rate | 5.0% | 5.7% |
| Bachelor's Degree or Higher | 46.1% | 45.6% |
| Median Age | 32.1 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.