2025 Compare Cities Economy:
Wake Forest, NC vs Fredericksburg, VA

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Highlights
- Household income in Fredericksburg, is 30% less than it is in Wake Forest and is 5% above the National Average.
- Wake Forest unemployment rate is 3.6%.
- Fredericksburg unemployment rate is 6.1%.
 Wake Forest, NCFredericksburg, VAUnited States
 Unemployment Rate  Unlock6.1%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth51.6%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$43,601  Unlock$37,638
 Household Income  Unlock$72,293$69,021
 Family Median Income$112,397  Unlock$85,028
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 Est. Households By Income
 Wake Forest, NCFredericksburg, VAUnited States
 Income Less Than 15K  Unlock9.6%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock6.3%8.1%
 Income between 30K and 40K4.9%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock12.0%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.3%16.3%
 Income between 150K and 200K16.7%  Unlock7.8%
 Income greater than 200K  Unlock10.0%9.5%
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 Population By Occupation
 Wake Forest, NCFredericksburg, VAUnited States
 Management, business, finance28.8%  Unlock16.4%
 Engineering, computers, science  Unlock10.0%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock1.4%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock3.1%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock5.5%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support18.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair3.7%  Unlock8.1%
 Production, transportation, material moving  Unlock9.1%13.1%
Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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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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