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Economy, jobs and prices in Fremont, California: official figures

The median household income in Fremont was $181,506 a year in the 2020-2024 American Community Survey (in 2024 dollars), 11th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$181,506
2020-2024
Unemployment rate (ACS)
4.7%
2020-2024
Mean travel time to work
30.3 min
2020-2024
Median gross rent (monthly)
$2,933
2020-2024
Median home value (owner-occupied)
$1,403,800
2020-2024
Homes occupied by their owners
60.8%
2020-2024
Households with a broadband subscription
96.8%
2020-2024

What is the per capita income in Fremont?

Income per resident (per capita income) in Fremont averaged $77,049 a year in 2020-2024, 33rd highest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Fremont?

Fremont's Gini index of household income inequality was 0.424 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 223rd 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 Fremont, California?

4.7% of the civilian labor force in Fremont was unemployed on average over 2020-2024 (5,842 people), 306th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Fremont are working?

67.9% of Fremont's 183,206 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 271st highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Fremont have jobs?

118,511 residents of Fremont held civilian jobs, 64.7% of those aged 16 and over (US: 59.7%), and 92 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Fremont?

The largest industry group for working residents of Fremont was professional, scientific, management and administrative services (27.7% of employed residents), followed by education, health care and social assistance (17.7%) and manufacturing (16.2%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Fremont work in manufacturing?

Manufacturing employed 16.2% of working residents of Fremont, 72nd highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 27.7% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Fremont, California?

Commuters in Fremont took 30.3 minutes on average to get to work in 2020-2024, 138th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 10.9% travelled an hour or more and 16.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Fremont get to work?

32.1% of workers living in Fremont worked from home in 2020-2024, 28th highest of 823 US cities of 50,000 or more (US: 15.1%). 53.8% drove to work alone, 7.3% carpooled, 3.8% used public transport and 1.2% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Fremont, California?

The median gross rent (rent plus utilities) in Fremont was $2,933 a month in 2020-2024, 16th highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Fremont?

Owner-occupied homes in Fremont had a median value of $1,403,800 in 2020-2024 as estimated by their owners, 17th highest of 823 US cities of 50,000 or more (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Fremont?

The median home value in Fremont was 7.7 times the median household income, 86th highest 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 Fremont, California own their home?

60.8% of the 78,054 occupied homes in Fremont were lived in by their owners in 2020-2024 and 30,570 were rented, 347th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Fremont have broadband?

96.8% of households in Fremont had a broadband internet subscription of some type in 2020-2024, 57th highest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Fremont have no internet?

2.4% of households in Fremont (1,837) had no internet access at home in 2020-2024, 122nd lowest of 823 US cities of 50,000 or more (US: 6.5%); 5.6% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Fremont compares with other cities in the United States

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

Fremont ranks 11 of 823, highest first.

RankCityMedian household income (2024 dollars)
8Mountain View$189,917
9Fulshear$187,035
10Sunnyvale$186,170
11Fremont$181,506
12Hoboken$180,579
13Santa Clara$178,958
14Milpitas$178,798
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 33 of 823, highest first.

RankCityPer capita income (2024 dollars)
30San Clemente$78,623
31Laguna Niguel$77,395
32Washington$77,348
33Fremont$77,049
34Boca Raton$76,039
35Minnetonka$75,502
36Alameda$75,137
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Fremont ranks 601 of 823, highest first.

RankCityGini index of household income inequality
598Chula Vista0.424
599Miami Gardens0.424
600Troy0.424
601Fremont0.424
602Kent0.423
603Placentia0.423
604Folsom0.423
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 518 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
515St. Petersburg4.7%
516Duluth4.7%
517Daytona Beach4.7%
518Fremont4.7%
519Austin4.7%
520Eastvale4.7%
521Escondido4.7%
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 271 of 823, highest first.

RankCityLabor force participation rate (16 and over)
268New Braunfels68.0%
269Clifton68.0%
270St. Peters67.9%
271Fremont67.9%
272North Richland Hills67.9%
273Killeen67.9%
274Green Bay67.8%
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 138 of 823, highest first.

RankCityMean travel time to work (minutes)
135San Francisco30.4
136Highland30.4
137Pembroke Pines30.4
138Fremont30.3
139Pico Rivera30.3
140Boston30.3
141Lynwood30.3
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Fremont ranks 28 of 823, highest first.

RankCityWorkers who worked from home
25Alameda32.7%
26Roswell32.2%
27Newton32.2%
28Fremont32.1%
29Carlsbad31.9%
30Sandy Springs31.9%
31Cupertino31.8%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Fremont ranks 141 of 823, highest first.

RankCityWorkers commuting by public transportation
138Pasadena3.8%
139Renton3.8%
140Long Beach3.8%
141Fremont3.8%
142Denver3.8%
143South Gate3.8%
144Union City3.8%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Fremont ranks 72 of 823, highest first.

RankCityEmployed residents working in manufacturing
69St. Clair Shores16.4%
70Cleveland16.4%
71Grand Rapids16.2%
72Fremont16.2%
73Twin Falls16.2%
74Detroit16.2%
75Paramount16.1%
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 773 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
770Pasadena17.8%
771Huntersville17.8%
772Elizabeth17.7%
773Fremont17.7%
774Cathedral City17.6%
775Santa Clara17.6%
776Vista17.6%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Fremont ranks 16 of 823, highest first.

RankCityMedian gross rent per month
13San Ramon$2,968
14Redwood City$2,968
15Hoboken$2,938
16Fremont$2,933
17Laguna Niguel$2,903
18Chino Hills$2,894
19Encinitas$2,886
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 17 of 823, highest first.

RankCityMedian value of owner-occupied homes
14Arcadia$1,441,800
15Berkeley$1,413,900
16Sammamish$1,407,300
17Fremont$1,403,800
18San Clemente$1,398,400
19San Francisco$1,394,500
20San Rafael$1,355,600
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 83 of 820, highest first.

RankCityMedian home value as a multiple of median household income
80Escondido7.8x
81Passaic7.8x
82Corvallis7.7x
83Fremont7.7x
84Flagstaff7.7x
85Gilroy7.7x
86West Covina7.7x
Source: U.S. Census Bureau · saved copy

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

Fremont ranks 347 of 823, highest first.

RankCityOccupied homes lived in by their owners
344Independence60.9%
345Lake Charles60.9%
346Colorado Springs60.9%
347Fremont60.8%
348Kirkland60.8%
349Columbus60.8%
350El Paso60.8%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Fremont ranks 57 of 823, highest first.

RankCityHouseholds with a broadband subscription
54Newton96.9%
55Bentonville96.8%
56Herriman96.8%
57Fremont96.8%
58Novi96.8%
59Bellevue96.8%
60Dunwoody96.7%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Fremont ranks 702 of 823, highest first.

RankCityHouseholds with no internet access
699Evanston2.4%
700Brookhaven2.4%
701Wheaton2.4%
702Fremont2.4%
703Kirkland2.3%
704Provo2.3%
705Arcadia2.3%
Source: U.S. Census Bureau · saved copy

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Sources

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