Fredericksburg Metro Area, TX Economy


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United States / Texas / Fredericksburg Metro Area / Counties / Cities / Zip Codes
Fredericksburg, TX Metro area is a great place to live, with an average two-bedroom rent of $1,110 – significantly lower than the US average. There are numerous local companies that offer exciting job opportunities; including Hill Country Memorial Hospital which provides healthcare services to the region, or Beckert’s Brewery, the first craft brewery in Gillespie County. Fredericksburg also offers a range of entertainment options such as Enchanted Rock State Natural Area, Lady Bird Johnson Municipal Park and Pioneer Museum Complex – all great places to visit. With a Grocery Cost Index of 95 versus 100 in the US, you can get more for less while living in this area.

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

Fredericksburg Metro Area 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 Metro Area
- The Sales Tax Rate for Fredericksburg Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fredericksburg Metro Area 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 Metro Area
- The average income of a Fredericksburg Metro Area resident is $30,757 a year. The US average is $28,555 a year.
- The Median household income of a Fredericksburg Metro Area resident is $64,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFredericksburg, TexasUnited States
  4.36
  -4.5%-6.2%
  40.4%33.5%
  6.8%6.2%
  0.0%4.6%
  $39,012$37,638
  $64,438$69,021
  $84,115$85,028
  Population by Occupation
  6.5%1.2%
  0.6%0.5%
  12.9%6.8%
  6.9%10.0%
  1.9%2.5%
  11.8%11.0%
  2.1%4.8%
  0.3%0.8%
  1.4%1.9%
  3.4%4.7%
  3.5%1.9%
  3.8%7.6%
  0.0%0.1%
  2.2%4.2%
  7.3%9.3%
  16.0%14.0%
  2.3%2.1%
  10.3%7.0%
  4.2%4.8%
  2.6%4.7%
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