Fredericktown, Ohio Median Income

Fredericktown, Ohio has a population of 2,540, with a median household income of $54,800.

Current median income data for Fredericktown.

$54,800

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Population

2,540

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Median Income

$54,800

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Unemployment

3.30%

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Housing Price

$174,400

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Crime Rate

0.20

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Internet Speed

181.40 Mbps

Fredericktown is a small local community located in Ohio. The city has a population that is below the average city population in Ohio, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Fredericktown, located in Ohio, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Fredericktown has a population of 2,540, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Fredericktown is $54,800, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Fredericktown is about $174,400, making it relatively affordable compared to many cities in Ohio.

Employment and Safety

The unemployment rate in Fredericktown is 3.30%, slightly above the state average, suggesting moderate employment conditions. Fredericktown has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Ohio, Fredericktown shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Fredericktown offers a balanced mix of economic conditions, population trends, and housing opportunities within Ohio.

Frequently Asked Questions about Fredericktown

What is the population of Fredericktown?

The population of Fredericktown is approximately 2,540.

Is Fredericktown a good place to live?

Fredericktown offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Fredericktown?

The median household income in Fredericktown is around $54,800.

How expensive is housing in Fredericktown?

The average housing price in Fredericktown is approximately $174,400.