Frederick County, Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Frederick County Compares
Detailed Income Statistics
Income Advisory: Frederick County
Income Verdict
Frederick County has a median household income of $95,603 and per capita income of $45,248 — a gap of $50,355, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,402/month and a median household income of $95,603, rent consumes approximately 17.6% of monthly income — well within affordable thresholds.
Economic Context
The median household income of $95,603 places Frederick County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $45,248 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Frederick County earns approximately 27.5% above the Virginia state median household income of $74,957, positioning it favorably within the state.
Data Story
About Household Income in Frederick County, Virginia
Frederick County earns well above average
Frederick County's median household income of $95,603 is 28% higher than the national median of $74,755. The county ranks among the wealthier counties in the United States, benefiting from proximity to Washington D.C. and regional employment centers.
Frederick County ranks in top tier
Frederick County's median household income of $95,603 exceeds Virginia's state average of $74,957 by $20,646, placing it in the top quartile of Virginia counties. Per capita income of $45,248 is 16% above the state average.
Frederick competes with peer counties
Frederick County households earn $34,202 less annually than Fauquier County ($129,495) but $4,000 more than Fluvanna County ($91,959). Frederick's strategic location supports above-average incomes across the region.
Housing costs rising faster than incomes
At 17.6%, Frederick's rent-to-income ratio remains below the 30% threshold, but it's creeping upward as home values ($355,000) appreciate faster than wage growth. Prospective homebuyers should budget carefully as housing demand pressures local markets.
Diversify investments strategically
With median household income 28% above the national average, Frederick County residents can maximize retirement account contributions and explore real estate investment opportunities. Consider working with a financial planner to develop a comprehensive wealth-building strategy aligned with your long-term goals.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $95,603 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($7,967) vs. median rent ($1,402/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.