Fredericksburg, TX Economy

Fredericksburg, TX is a great place to live due to its low cost of living and access to resources such as grocery stores. The city’s two-bedroom rent is about $1,070, significantly lower than the US median rent for two bedrooms at $1,430. Additionally, the grocery cost index in Fredericksburg is 96 compared to 100 in the US. Popular attractions are the National Museum of Pacific War and Wildseed Farms. Local companies include Hill Country Electric Supply Company and Fredericksburg Brewing Company.

Fredericksburg has an unemployment rate of 4.3%. The US average is 6.0%.

Fredericksburg has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 33.5%.

Tax Rates for Fredericksburg
- The Sales Tax Rate for Fredericksburg is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fredericksburg is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fredericksburg
- The average income of a Fredericksburg resident is $29,095 a year. The US average is $28,555 a year.
- The Median household income of a Fredericksburg resident is $54,771 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Fredericksburg, Texas	United States
	4.3	6
	-4.5%	-6.2%
	40.4%	33.5%
	6.8%	6.2%
	0.0%	4.6%
	$39,279	$37,638
	$54,771	$69,021
	$80,503	$85,028
Population by Occupation
	3.2%	1.2%
	0.6%	0.5%
	14.3%	6.8%
	6.5%	10.0%
	1.6%	2.5%
	12.3%	11.0%
	1.3%	4.8%
	0.0%	0.8%
	0.7%	1.9%
	4.8%	4.7%
	4.4%	1.9%
	3.2%	7.6%
	0.0%	0.1%
	0.9%	4.2%
	7.2%	9.3%
	14.5%	14.0%
	2.4%	2.1%
	14.8%	7.0%
	5.1%	4.8%
	2.2%	4.7%