Fredericksburg city, Virginia

The median household income in Fredericksburg city, Virginia is $85,368, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.

The per capita income in Fredericksburg city is $46,503, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $85,368.

Fredericksburg city's median household income of $85,368 is higher than the Virginia state average of $74,957. The per capita income is $46,503, compared to the state average of $39,155.

The per capita income in Fredericksburg city, Virginia is $46,503, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.

Fredericksburg city's median household income of $85,368 is higher than the Virginia average of $74,957. This difference of $10,411 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.

Fredericksburg city ranks #37 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $85,368 and per capita income of $46,503, it falls in the top third of counties statewide.