Fredericksburg Metro Area, TX Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
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 decrease by -4.5% 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 $39,012 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.