Frederickson, WA
Population 24,219 · Washington
About Frederickson, WA
Frederickson is a mid-sized city located in Washington with a population of 24,219 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,241 per year, which is 43% above the national median of $75,149. The median age of 33.2 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 Frederickson features a median home value of $455,900, which is 86% above the national median of $244,900. This places Frederickson in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,429, 109% above the national average of $1,163/month. Of the 8,272 total housing units, 75% are owner-occupied (5,820 units) and 25% are renter-occupied (1,943 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Frederickson shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Frederickson have an average one-way commute time of 35.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
21.9% of Frederickson residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 13.7% White, 3.7% Hispanic or Latino, 1.4% Black or African American, and 4.6% Asian residents, with 11.4% of the population being foreign-born.
Cost of Living in Frederickson, WA
Compared to national averages, Frederickson has a median household income of $107,241 (43% above the national median of $75,149). Home values average $455,900, which is 86% above the national median. Monthly rent at $2,429 is 109% above the US average of $1,163. Within Washington, Frederickson's income is 18% above the state average of $90,795, and home values are 1% below the state median of $460,491.
Why Live in Frederickson, WA?
Frederickson offers a strong local economy with a median household income of $107,241, well above the national average, and a low poverty rate of 4.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $455,900. However, Frederickson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Frederickson has a population of 24,219 with a median age of 33.2 years. Compare Frederickson with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Frederickson
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oak Harbor | 24,396 | $72,041 | $421,700 | Compare |
| Bainbridge Island | 24,607 | $159,882 | $1,076,200 | Compare |
| North Lynnwood | 23,653 | $102,888 | $565,000 | Compare |
| Kenmore | 23,594 | $137,926 | $869,800 | Compare |
| Eastmont | 23,486 | $139,346 | $696,800 | Compare |
| Union Hill-Novelty Hill | 23,272 | $181,820 | $1,174,100 | Compare |
| Cottage Lake | 23,170 | $197,331 | $1,164,000 | Compare |
| Mercer Island | 25,282 | $202,359 | $1,884,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Frederickson With Other Cities
Frequently Asked Questions about Frederickson
What is the population of Frederickson, WA?
The population of Frederickson, WA is 24,219 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Washington.
What is the median household income in Frederickson?
The median household income in Frederickson, WA is $107,241 per year, which is 43% above the national median of $75,149.
What is the median home value in Frederickson?
The median home value in Frederickson, WA is $455,900, which is 86% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frederickson?
The median monthly rent in Frederickson, WA is $2,429, which is 109% above the national average of $1,163/month.
What is the unemployment rate in Frederickson?
The unemployment rate in Frederickson, WA is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Frederickson, WA a good place to live?
Frederickson offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 24,219 and a median age of 33.2, the city appeals to young professionals and families.
How educated is Frederickson, WA?
21.9% of residents in Frederickson aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Frederickson?
Key cost-of-living indicators for Frederickson, WA: median home value is $455,900 (86% above national), median rent is $2,429/month, and median household income is $107,241. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Frederickson?
The poverty rate in Frederickson, WA is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Frederickson, WA?
Frederickson's population is 13.7% White, 3.7% Hispanic or Latino, 1.4% Black or African American, 4.6% Asian, and 9.3% two or more races. 11.4% of residents are foreign-born.