Pros and Cons of Living In Frederick, Maryland. Is Frederick, MD a Nice Place To Live or Retire?

Frederick, Maryland

Moving to Frederick In Maryland ? Is Frederick, MD a Nice Place To Live? Pros and Cons of Living in Frederick, Maryland. Find out the best and worst about to live, raise a family or retire in Frederick.

Frederick is a city in, and the county seat of, Frederick County, Maryland, United States. Frederick's population was 78,171 people as of the 2020 census, making it the second-largest incorporated city in Maryland behind Baltimore. It is a part of the Washington metropolitan area and the greater Washington–Baltimore combined statistical area.

The city is located at an important crossroads at the intersection of a major north–south Native American trail and east–west routes to the Chesapeake Bay, both at Baltimore and what became Washington, D.C., and across the Appalachian mountains to the Ohio River watershed.

Frederick is home to Frederick Municipal Airport (IATA: FDK), which accommodates general aviation, and Fort Detrick, a...

DEMOGRAPHICS

Population
71843
Unemployment
4.7%
0% NAT AVG.
Poverty
10.4%
26% NAT AVG.
Cost Of Living
116
16% NAT AVG.

ECONOMICS

Median Home Cost
$277300
21% NAT AVG.
Median Income
$78400
16% NAT AVG.
Median Rent
$1378
19% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
1660
3% NAT. AVG.
13% STATE AVG.
Violent Crime
296
4% NAT. AVG.
1% STATE AVG.
Property Crime
1364
5% NAT. AVG.
16% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 21
People Earning < $10,000
1 in 23
People Earning < $50,000
29.6%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Frederick USA
White 55.1% 60.1%
African American 18.3% 12.2%
American Indian 0.2% 0.6%
Asian 5.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.1% 2.8%
Hispanic 16.6% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Frederick USA
Less than $10,000 4.3% 5.8%
$10,000 to $14,999 2.7% 4.1%
$15,000 to $24,999 5.1% 8.5%
$25,000 to $34,999 6.6% 8.6%
$35,000 to $49,999 10.9% 12.0%
$50,000 to $74,999 18.4% 17.2%
$75,000 to $99,999 13.9% 12.8%
$100,000 to $149,999 20.4% 15.6%
$150,000 to $199,999 9.4% 7.1%

EDUCATION

Education Frederick USA
< 9th Grade 5% 5.0%
9-12th Grade 5% 7.0%
High School or GED 22% 27.0%
Other College 18% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 22% 20.0%
Master's Degree 14% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 3% 1.0%
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. The unemployment rate of Frederick remained 4.7%, which is 0% lower than national rate.

Cost of living in Frederick is 116, which is 16% higher than national average. In Frederick, only 41% of adults have a bachelor's degree and 27% have some college but no degree. 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.
Frederick Scorecard

Jobs80%

Housing85%

Affordability60%

Safety90%

Amenities90%

Diversity95%

Education80%

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