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Fredericksburg, VA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
105
Average
Median Home Value
$461,500
National: $426,735
Median Rent
$1,521/mo
National: $1,527/mo
Household Income
$85,368
National: $84,532
Population
28,383
Purchasing Power
96
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
108 / 100
100 = national average
Rent Index
100 / 100
Overall Index
105
Average

Fredericksburg Mortgage Calculator

Pre-filled with the local median home value of $461,500 and Virginia's property tax rate of 0.82%.

Salary & Purchasing Power

Median household income is $85,368 1% above the national average.

What $85,368 in Fredericksburg Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$122,767+44%
Los Angeles, CA$138,215+62%
Chicago, IL$65,855-23%
Houston, TX$57,725-32%

Property Tax in Fredericksburg, VA

Est. Annual Property Tax
$3,784
Monthly Impact
$315
Added to your mortgage
Effective Rate
0.82%
National avg: ~1.00%

Virginia Tax Overview

Tax TypeVirginiaNational Avg
Property Tax Rate0.82%1.00%
Top Income Tax Rate5.75%~5.0%
State Sales Tax5.75%~5.0%

Compare Fredericksburg to Another City

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Cost of Living Comparison

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Fredericksburg, VA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Fredericksburg, VA: 108
Rent Prices
100
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR