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2024 Compare Cities Economy:
Fredericksburg, VA vs Raleigh, NC

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Highlights
- Household income in Raleigh, is 1% more than it is in Fredericksburg and is 5% above the National Average.
- Fredericksburg unemployment rate is 6.1%.
- Raleigh unemployment rate is 4.3%.

Economy
 Fredericksburg, VARaleigh, NCUnited States
 Unemployment Rate6.1%4.3%6.0%
 Recent Job Growth1.9%3.0%1.6%
 Future Job Growth37.8%44.2%33.5%
 Sales Taxes5.3%7.3%6.2%
 Income Taxes5.8%5.3%4.6%
 Income per Cap.$40,619$42,632$37,638
 Household Income$72,293$72,996$69,021
 Family Median Income$100,139$95,393$85,028
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 Est. Households By Income
 Fredericksburg, VARaleigh, NCUnited States
 Income Less Than 15K9.6%7.4%9.4%
 Income between 15K and 20K3.1%2.8%3.8%
 Income between 20K and 30K6.3%7.4%8.1%
 Income between 30K and 40K7.2%9.2%8.0%
 Income between 40K and 50K5.2%7.8%7.6%
 Income between 50K and 60K8.1%6.7%7.2%
 Income between 60K and 75K12.0%10.0%9.6%
 Income between 75K and 100K14.3%12.9%12.8%
 Income between 100K and 150K13.3%17.0%16.3%
 Income between 150K and 200K11.1%8.6%7.8%
 Income greater than 200K10.0%10.2%9.5%
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 Population By Occupation
 Fredericksburg, VARaleigh, NCUnited States
 Management, business, finance22.5%21.6%16.4%
 Engineering, computers, science10.0%10.4%6.5%
 Community, social services1.9%1.7%1.8%
 Legal1.4%1.8%1.2%
 Education, library7.6%6.2%6.2%
 Arts, design, media, sports, entertainment1.5%2.7%2.0%
 Healthcare practitioners and technology5.1%5.8%6.2%
 Healthcare support3.1%2.3%3.3%
 Firefighters, law enforcement1.5%1.4%2.1%
 Food preparation, serving5.5%5.1%5.4%
 Building maintenance3.7%2.8%3.6%
 Personal care2.7%2.4%2.6%
 Sales, office, administrative support18.3%21.7%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair6.1%5.7%8.1%
 Production, transportation, material moving9.1%8.2%13.1%

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Reviews for Fredericksburg    17 Reviews

Fredericksburg has an undeniably small town charm and an all around appeal that is hard to beat, in the context of its proximity to the larger DC Metro area. The  More

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I have lived in Fredericksburg for over 10 years and love it. The housing prices are affordable and this historic city has so much to offer. Ideal location also situated  More

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Disclaimer right off the top; yes I know there are good people everywhere and some are here as well but Fredericksburg is far from an ideal place to live and here is  More

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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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ZIPS IN FREDERICKSBURG, VIRGINIA
22401
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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