Frederick, CO
Population 15,893 · Colorado
About Frederick, CO
Frederick is a mid-sized city located in Colorado with a population of 15,893 residents according to the latest US Census Bureau American Community Survey data. The median household income is $135,316 per year, which is 80% above the national median of $75,149. The median age of 37.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Frederick features a median home value of $529,800, which is 116% above the national median of $244,900. This places Frederick in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,252, 94% above the national average of $1,163/month. Of the 5,584 total housing units, 96% are owner-occupied (5,226 units) and 4% are renter-occupied (228 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Frederick shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Frederick have an average one-way commute time of 31.6 minutes.
Education & Demographics
36.5% of Frederick residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 12.9% White, 2.5% Hispanic or Latino, 0.1% Black or African American, and 4.4% Asian residents, with 3.8% of the population being foreign-born.
How Frederick Ranks in Colorado
Cost of Living in Frederick, CO
Compared to national averages, Frederick has a median household income of $135,316 (80% above the national median of $75,149). Home values average $529,800, which is 116% above the national median. Monthly rent at $2,252 is 94% above the US average of $1,163. Within Colorado, Frederick's income is 53% above the state average of $88,514, and home values are 16% above the state median of $457,127.
Why Live in Frederick, CO?
Frederick offers a strong local economy with a median household income of $135,316, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 36.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $529,800. However, Frederick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Frederick has a population of 15,893 with a median age of 37.1 years. Compare Frederick with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Frederick
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Welby | 16,232 | $78,375 | $347,700 | Compare |
| Greenwood Village | 15,485 | $145,781 | $1,213,300 | Compare |
| Cañon City | 17,098 | $66,068 | $275,300 | Compare |
| Black Forest | 14,658 | $142,173 | $805,200 | Compare |
| Firestone | 17,353 | $114,591 | $511,800 | Compare |
| Federal Heights | 14,160 | $57,957 | $91,300 | Compare |
| Lone Tree | 14,136 | $125,699 | $819,800 | Compare |
| Johnstown | 18,075 | $130,851 | $493,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Frederick With Other Cities
Frequently Asked Questions about Frederick
What is the population of Frederick, CO?
The population of Frederick, CO is 15,893 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Colorado.
What is the median household income in Frederick?
The median household income in Frederick, CO is $135,316 per year, which is 80% above the national median of $75,149.
What is the median home value in Frederick?
The median home value in Frederick, CO is $529,800, which is 116% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frederick?
The median monthly rent in Frederick, CO is $2,252, which is 94% above the national average of $1,163/month.
What is the unemployment rate in Frederick?
The unemployment rate in Frederick, CO is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Frederick, CO a good place to live?
Frederick offers above-average incomes, a competitive housing market, and a strong job market. With a population of 15,893 and a median age of 37.1, the city appeals to a broad range of residents.
How educated is Frederick, CO?
36.5% of residents in Frederick aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Frederick?
Key cost-of-living indicators for Frederick, CO: median home value is $529,800 (116% above national), median rent is $2,252/month, and median household income is $135,316. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Frederick?
The poverty rate in Frederick, CO is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Frederick, CO?
Frederick's population is 12.9% White, 2.5% Hispanic or Latino, 0.1% Black or African American, 4.4% Asian, and 0.1% two or more races. 3.8% of residents are foreign-born.