Fredericktown, PA
Population 555 · Pennsylvania
About Fredericktown, PA
Fredericktown is a small community located in Pennsylvania with a population of 555 residents according to the latest US Census Bureau American Community Survey data. The median household income is $133,782 per year, which is 78% above the national median of $75,149. The median age of 33.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Fredericktown features a median home value of $232,700, which is 5% below the national median of $244,900. This positions Fredericktown in a moderately priced market relative to the rest of the country. Median monthly rent is $838, 28% below the national average of $1,163/month. Of the 235 total housing units, 82% are owner-occupied (169 units) and 18% are renter-occupied (37 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fredericktown shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 1.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fredericktown have an average one-way commute time of 30 minutes.
Education & Demographics
43.2% of Fredericktown 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 0.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 5.4% Asian residents, with 5.8% of the population being foreign-born.
Cost of Living in Fredericktown, PA
Compared to national averages, Fredericktown has a median household income of $133,782 (78% above the national median of $75,149). Home values average $232,700, which is 5% below the national median. Monthly rent at $838 is 28% below the US average of $1,163. Within Pennsylvania, Fredericktown's income is 82% above the state average of $73,376, and home values are 22% above the state median of $190,903.
Why Live in Fredericktown, PA?
Fredericktown offers a strong local economy with a median household income of $133,782, well above the national average, and affordable housing with a median home value of $232,700, below the US average of $244,900, and rent that’s lower than the national average at $838/month. Additionally, the city features a well-educated community where 43.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.4%, better than the national average.
Fredericktown has a population of 555 with a median age of 33.9 years. Compare Fredericktown with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Fredericktown
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gordonville | 556 | $40,179 | $323,800 | Compare |
| Thompsontown | 554 | $41,875 | $158,300 | Compare |
| Port Matilda | 552 | $50,511 | $157,200 | Compare |
| Weedville | 561 | $52,969 | $122,200 | Compare |
| Jacksonville CDP (Indiana County), Pennsylvania | 548 | $55,000 | $75,400 | Compare |
| Lewisberry | 548 | $92,188 | $205,700 | Compare |
| Madera | 562 | $57,059 | $95,500 | Compare |
| Monroe | 562 | $57,250 | $175,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fredericktown With Other Cities
Frequently Asked Questions about Fredericktown
What is the population of Fredericktown, PA?
The population of Fredericktown, PA is 555 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Fredericktown?
The median household income in Fredericktown, PA is $133,782 per year, which is 78% above the national median of $75,149.
What is the median home value in Fredericktown?
The median home value in Fredericktown, PA is $232,700, which is 5% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fredericktown?
The median monthly rent in Fredericktown, PA is $838, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Fredericktown?
The unemployment rate in Fredericktown, PA is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Fredericktown, PA a good place to live?
Fredericktown offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 555 and a median age of 33.9, the city appeals to young professionals and families.
How educated is Fredericktown, PA?
43.2% of residents in Fredericktown 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 Fredericktown?
Key cost-of-living indicators for Fredericktown, PA: median home value is $232,700 (5% below national), median rent is $838/month, and median household income is $133,782. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fredericktown?
The poverty rate in Fredericktown, PA is 1.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fredericktown, PA?
Fredericktown's population is 0.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 5.4% Asian, and 0.9% two or more races. 5.8% of residents are foreign-born.