Fredericksburg vs Norfolk
| Fredericksburg | Norfolk | |
|---|---|---|
| Population | 28,258 | 236,973 |
| Median Household Income | $86,071 | $66,109 |
| Median Home Value | $483,700 | $289,900 |
| Median Gross Rent | $1,619/mo | $1,321/mo |
| Homeownership Rate | 39.7% | 46.3% |
| Unemployment Rate | 5.0% | 4.7% |
| Bachelor's Degree or Higher | 46.1% | 33.5% |
| Median Age | 32.1 | 32.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.