Fredericksburg, VA
28,873Residents
$86,071Median household income
$1,619/moMedian gross rent
$483,700Median home value
32.1Median age
46%Adults with a bachelor’s degree or higher
40%Homes lived in by their owners
5.6×Home value to household income
Median rent takes about 23% of the median household income in Fredericksburg.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $65,000 a year. In Virginia that leaves roughly $4,236 a month after tax. See the full paycheck breakdown for $65,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.