Frederick is a city in Maryland state in USA with a population of 71843 residents.. The poverty rate of Frederick is 10.4%, which is 26% lower than national average. The typical household in Frederick earns $78400 a year, compared to the national median of $67,500. Nearly 29.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Frederick, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Frederick remained 4.7%, which is 0% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Frederick, only 41% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Frederick is 116, which is 16% higher than national average. Median home value in Frederick is $277300 , which is 21% higher than national average. While median income in Frederick remained $78400, which is 16% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.