Income & Economy in Fredericksburg city, VA (22401)
Median Income
$85,432
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,591
Wealth inflow
Population
28,201
Unemployment
4.6%
0.9pp above US avg
IRS migration statistics show a net inflow of about 1,591 for ZIP 22401 (Fredericksburg city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 22401 (2020–Present)
Since 2020, population declined 3.0%, median income rose 4.4% (inflation-adjusted), home values increased 4.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $85,432 |
| Unemployment | 4.6% |
| Establishments | 1,455 |
| Employees | 21,274 |