2025 Compare Cities Economy:
Frederick, MD vs Lake Ridge, VA

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Highlights
- Household income in Lake Ridge, is 32% more than it is in Frederick and is 36% above the National Average.
- Frederick unemployment rate is 5.4%.
- Lake Ridge unemployment rate is 5.2%.
 Frederick, MDLake Ridge, VAUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth30.6%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$41,649  Unlock$37,638
 Household Income  Unlock$108,654$69,021
 Family Median Income$101,898  Unlock$85,028
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 Est. Households By Income
 Frederick, MDLake Ridge, VAUnited States
 Income Less Than 15K  Unlock2.8%9.4%
 Income between 15K and 20K1.9%  Unlock3.8%
 Income between 20K and 30K  Unlock4.0%8.1%
 Income between 30K and 40K5.7%  Unlock8.0%
 Income between 40K and 50K  Unlock3.7%7.6%
 Income between 50K and 60K7.5%  Unlock7.2%
 Income between 60K and 75K  Unlock6.9%9.6%
 Income between 75K and 100K14.5%  Unlock12.8%
 Income between 100K and 150K  Unlock27.7%16.3%
 Income between 150K and 200K11.2%  Unlock7.8%
 Income greater than 200K  Unlock15.1%9.5%
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 Population By Occupation
 Frederick, MDLake Ridge, VAUnited States
 Management, business, finance17.3%  Unlock16.4%
 Engineering, computers, science  Unlock10.8%6.5%
 Community, social services1.7%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library6.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.1%2.0%
 Healthcare practitioners and technology5.2%  Unlock6.2%
 Healthcare support  Unlock2.2%3.3%
 Firefighters, law enforcement2.6%  Unlock2.1%
 Food preparation, serving  Unlock4.4%5.4%
 Building maintenance4.4%  Unlock3.6%
 Personal care  Unlock3.8%2.6%
 Sales, office, administrative support19.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair8.1%  Unlock8.1%
 Production, transportation, material moving  Unlock7.2%13.1%
Reviews for Frederick    19 Reviews

Over 6 years ago

I have been here 28 years,working in D.C with 3-4 hour commute ,one highway only to travel.Traffic is awful 24-7.Abandoned shopping centers for 10-15 years,& other  More

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Company with the most  More

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Over 11 years ago

Crime seems to be pretty low here. Police do an excellent  More

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Reviews for Lake Ridge    3 Reviews

Over 11 years ago

The cost of living in this area is outright ridiculous. I can't wait to move. There is a lot of crime. There is a lot of traffic. The people drive like they are the  More

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Over 13 years ago

Nothing  More

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Over 19 years ago

The cost of living in Lake Ridge is quite high though not as high as the Washington DC area. Washington is about 30 miles from Lake Ridge and easily accessible by  More

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