Frederick, MD
Population 80,617 · Maryland
About Frederick, MD
Frederick is a mid-sized city located in Maryland with a population of 80,617 residents according to the latest US Census Bureau American Community Survey data. The median household income is $95,150 per year, which is 27% 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 $365,200, which is 49% above the national median of $244,900. This positions Frederick in a moderately priced market relative to the rest of the country. Median monthly rent is $1,688, 45% above the national average of $1,163/month. Of the 34,181 total housing units, 59% are owner-occupied (19,047 units) and 41% are renter-occupied (13,135 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Frederick shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 9.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Frederick have an average one-way commute time of 30.1 minutes.
Education & Demographics
41.8% 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 2.2% White, 0.8% Hispanic or Latino, 1.9% Black or African American, and 15.9% Asian residents, with 19.9% of the population being foreign-born.
How Frederick Ranks in Maryland
Cost of Living in Frederick, MD
Compared to national averages, Frederick has a median household income of $95,150 (27% above the national median of $75,149). Home values average $365,200, which is 49% above the national median. Monthly rent at $1,688 is 45% above the US average of $1,163. Within Maryland, Frederick's income is 12% below the state average of $107,956, and home values are 9% below the state median of $402,447.
Why Live in Frederick, MD?
Frederick offers a strong local economy with a median household income of $95,150, well above the national average, and a well-educated community where 41.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.4%, better than the national average.
Frederick has a population of 80,617 with a median age of 37.1 years. Compare Frederick with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Frederick
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Silver Spring | 82,129 | $98,880 | $619,400 | Compare |
| Waldorf | 82,541 | $115,453 | $383,100 | Compare |
| Ellicott City | 73,737 | $157,891 | $644,300 | Compare |
| Glen Burnie | 72,772 | $88,291 | $329,200 | Compare |
| Germantown | 90,521 | $112,149 | $401,400 | Compare |
| Gaithersburg | 69,225 | $107,496 | $484,500 | Compare |
| Bethesda | 67,403 | $191,348 | $1,129,700 | Compare |
| Rockville | 67,218 | $122,384 | $658,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
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, MD?
The population of Frederick, MD is 80,617 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Maryland.
What is the median household income in Frederick?
The median household income in Frederick, MD is $95,150 per year, which is 27% above the national median of $75,149.
What is the median home value in Frederick?
The median home value in Frederick, MD is $365,200, which is 49% 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, MD is $1,688, which is 45% above the national average of $1,163/month.
What is the unemployment rate in Frederick?
The unemployment rate in Frederick, MD is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Frederick, MD a good place to live?
Frederick offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 80,617 and a median age of 37.1, the city appeals to a broad range of residents.
How educated is Frederick, MD?
41.8% 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, MD: median home value is $365,200 (49% above national), median rent is $1,688/month, and median household income is $95,150. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Frederick?
The poverty rate in Frederick, MD is 9.4%, 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, MD?
Frederick's population is 2.2% White, 0.8% Hispanic or Latino, 1.9% Black or African American, 15.9% Asian, and 16.7% two or more races. 19.9% of residents are foreign-born.