Frederick, MD Profile: Facts & Data

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Frederick, Maryland - Basic Facts

The City of Frederick is the 7th largest city in Maryland with a population of 75,281 as of July 1, 2020. Frederick ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for Frederick is located at latitude 39.4143 and longitude -77.4105 in Frederick County. The formal boundaries for the City of Frederick encompass a land area of 22.94 sq. miles and a water area of 0.19 sq. miles. Frederick County is in the Eastern time zone (GMT -5). The elevation is 282 feet.

The City of Frederick (GNIS ID: 2390588) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Frederick is located within District 2, Frederick, a minor civil division (MCD) of Frederick County.

Alternate Unofficial Names for Frederick: Frederic Town, Frederick City, Frederick Town, Fredericktown, Friedrichtown, Monaquesy, Monocacy, Monockkasye.

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Frederick, MD Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 75,281 (100%)
Population in Households 73,495 (97.6%)
Population in Families 55,765 (74.1%)
Population in Group Quarters1 1,786 ( 2.4%)
Population Density 3,165
Diversity Index2 74
 
 

INCOME

Median Household Income $74,801
Average Household Income $98,516
% of Income for Mortgage4 16%
Per Capita Income $38,265
Wealth Index5 107
 

HOUSING

Total HU (Housing Units) 31,519 (100%)
Owner Occupied HU 16,719 (53.0%)
Renter Occupied HU 12,555 (39.8%)
Vacant Housing Units 2,245 ( 7.1%)
Median Home Value $283,467
Average Home Value $316,186
Housing Affordability Index3 136
 

HOUSEHOLDS

Total Households 29,274
Average Household Size 2.51
Family Households 17,520
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.34% 1.06%
Households 1.35% 1.11%
Families 1.22% 0.94%
Median Household Income   0.87%
Per Capita Income   1.48%
Owner Occupied HU   1.33%

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Frederick, MD - Peer Comparisons by Rank and Percentile

The table below compares Frederick to the other 518 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 7 99th
Population Density # 114 78th
Median Household Income # 284 45th
Housing Affordability Index # 147 28th
Per Capita Income # 247 53rd
Diversity Index # 54 90th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maryland Census Data Comparison Tool.

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