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Economy, jobs and prices in Frederick, Maryland: official figures

The median household income in Frederick was $97,069 a year in the 2020-2024 American Community Survey (in 2024 dollars), 256th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Maryland median $103,678.

Median household income
$97,069
2020-2024
Unemployment rate (ACS)
3.9%
2020-2024
Mean travel time to work
30.0 min
2020-2024
Median gross rent (monthly)
$1,764
2020-2024
Median home value (owner-occupied)
$401,500
2020-2024
Homes occupied by their owners
58.8%
2020-2024
Households with a broadband subscription
92.7%
2020-2024

What is the per capita income in Frederick?

Income per resident (per capita income) in Frederick averaged $49,823 a year in 2020-2024, 229th highest of 823 US cities of 50,000 or more (US: $44,673; Maryland: $52,979).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Frederick?

Frederick's Gini index of household income inequality was 0.410 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 146th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Frederick, Maryland?

3.9% of the civilian labor force in Frederick was unemployed on average over 2020-2024 (1,806 people), 154th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Maryland's 4.9%.

Source: U.S. Census Bureau · saved copy

What share of people in Frederick are working?

70.9% of Frederick's 66,730 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 119th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Frederick have jobs?

44,645 residents of Frederick held civilian jobs, 66.9% of those aged 16 and over (US: 59.7%), and 848 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Frederick?

The largest industry group for working residents of Frederick was education, health care and social assistance (22.2% of employed residents), followed by professional, scientific, management and administrative services (18.1%) and retail trade (10.1%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Frederick work in manufacturing?

Manufacturing employed 6.4% of working residents of Frederick, 196th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 18.1% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Frederick, Maryland?

Commuters in Frederick took 30.0 minutes on average to get to work in 2020-2024, 152nd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 16.1% travelled an hour or more and 30.4% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Frederick get to work?

17.5% of workers living in Frederick worked from home in 2020-2024, 276th highest of 823 US cities of 50,000 or more (US: 15.1%). 69.1% drove to work alone, 6.4% carpooled, 1.9% used public transport and 3.1% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Frederick, Maryland?

The median gross rent (rent plus utilities) in Frederick was $1,764 a month in 2020-2024, 296th highest of 823 US cities of 50,000 or more (US: $1,413; Maryland: $1,705).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Frederick?

Owner-occupied homes in Frederick had a median value of $401,500 in 2020-2024 as estimated by their owners, 396th highest of 823 US cities of 50,000 or more (US: $332,700; Maryland: $419,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Frederick?

The median home value in Frederick was 4.1 times the median household income, 331st lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Frederick, Maryland own their home?

58.8% of the 33,584 occupied homes in Frederick were lived in by their owners in 2020-2024 and 13,849 were rented, 392nd highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Maryland: 67.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Frederick have broadband?

92.7% of households in Frederick had a broadband internet subscription of some type in 2020-2024, 403rd highest of 823 US cities of 50,000 or more (US: 91.0%; Maryland: 92.4%).

Source: U.S. Census Bureau · saved copy

How many households in Frederick have no internet?

5.9% of households in Frederick (1,977) had no internet access at home in 2020-2024, 295th highest of 823 US cities of 50,000 or more (US: 6.5%); 8.6% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Frederick compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Frederick ranks 256 of 823, highest first.

RankCityMedian household income (2024 dollars)
253Whittier$97,201
254Hendersonville$97,200
255Burbank$97,082
256Frederick$97,069
257Manteca$97,055
258Apopka$96,884
259Surprise$96,711
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Frederick ranks 229 of 823, highest first.

RankCityPer capita income (2024 dollars)
226San Buenaventura (Ventura)$50,005
227Midland$49,879
228Boise City$49,861
229Frederick$49,823
230Glendale$49,653
231Durham$49,636
232Santee$49,612
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Frederick ranks 678 of 823, highest first.

RankCityGini index of household income inequality
675Woodbury0.410
676Brentwood0.410
677Berwyn0.410
678Frederick0.410
679Lafayette0.410
680Rockwall0.410
681Baldwin Park0.410
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Frederick ranks 670 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
667Weston3.9%
668Bothell3.9%
669Woodbury3.9%
670Frederick3.9%
671Conroe3.9%
672Palm Beach Gardens3.9%
673League City3.8%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Frederick ranks 119 of 823, highest first.

RankCityLabor force participation rate (16 and over)
116Broomfield70.9%
117Concord70.9%
118Nashua70.9%
119Frederick70.9%
120South Jordan70.9%
121Raleigh70.9%
122Arvada70.8%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Frederick ranks 152 of 823, highest first.

RankCityMean travel time to work (minutes)
149Bolingbrook30.0
150Lauderhill30.0
151Spring Hill30.0
152Frederick30.0
153Washington30.0
154Danbury29.9
155Cape Coral29.9
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Frederick ranks 276 of 823, highest first.

RankCityWorkers who worked from home
273Boise City17.6%
274Colorado Springs17.6%
275Jupiter17.5%
276Frederick17.5%
277Henderson17.5%
278South San Francisco17.4%
279St. Peters17.4%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Frederick ranks 276 of 823, highest first.

RankCityWorkers commuting by public transportation
273Phoenix1.9%
274Durham1.9%
275Florissant1.9%
276Frederick1.9%
277Racine1.9%
278Meriden1.9%
279Peabody1.9%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Frederick ranks 628 of 823, highest first.

RankCityEmployed residents working in manufacturing
625Tucson6.4%
626Richland6.4%
627Alpharetta6.4%
628Frederick6.4%
629Inglewood6.4%
630Norman6.3%
631Brentwood6.3%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Frederick ranks 492 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
489Troy22.2%
490Tulsa22.2%
491Inglewood22.2%
492Frederick22.2%
493Downers Grove22.1%
494Kenosha22.1%
495Clifton22.1%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Frederick ranks 296 of 823, highest first.

RankCityMedian gross rent per month
293Plainfield$1,767
294Plymouth$1,766
295Lancaster$1,764
296Frederick$1,764
297Round Rock$1,763
298Evanston$1,762
299Arlington Heights$1,760
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Frederick ranks 396 of 823, highest first.

RankCityMedian value of owner-occupied homes
393Greeley$402,500
394Pflugerville$402,400
395Murfreesboro$402,100
396Frederick$401,500
397Madison$398,800
398Mount Prospect$397,400
399Eagan$397,100
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Frederick ranks 490 of 820, highest first.

RankCityMedian home value as a multiple of median household income
487Lafayette4.2x
488Plano4.2x
489Sherman4.1x
490Frederick4.1x
491Coconut Creek4.1x
492Virginia Beach4.1x
493Ocoee4.1x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Frederick ranks 392 of 823, highest first.

RankCityOccupied homes lived in by their owners
389Modesto58.9%
390Spokane58.8%
391Waukesha58.8%
392Frederick58.8%
393Kenosha58.7%
394Grand Prairie58.7%
395Woodland58.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Frederick ranks 403 of 823, highest first.

RankCityHouseholds with a broadband subscription
400Lincoln92.7%
401San Jacinto92.7%
402San Luis Obispo92.7%
403Frederick92.7%
404Pomona92.7%
405Visalia92.6%
406Chesapeake92.6%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Frederick ranks 295 of 823, highest first.

RankCityHouseholds with no internet access
292Southfield5.9%
293Lawrence5.9%
294Tulare5.9%
295Frederick5.9%
296Gresham5.9%
297Visalia5.9%
298Washington5.9%
Source: U.S. Census Bureau · saved copy

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