Frederick, Maryland is a medium-sized city with a population of 68,229 inhabitants. At 66%, the majority of the Frederick population is White; this is followed by 19% Black and 6% Asian. Something to be aware of when living in Frederick is the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 32 minutes, this comes in higher than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the town before actually living in Frederick, Maryland. The best areas in Frederick and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Maryland and national averages.
With a livability score of 68 out of 100, Frederick is ranked #13,081 in the United States and #147 in Maryland. If we consider each of the categories individually, we see that Frederick ranks well for amenities (A+). Frederick does not fare well for the following: crime (D), cost of living (F), weather (D) and housing (D). It might be a good idea to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Frederick has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: National Museum of Civil War Medicine, Monocacy National Battlefield, and Harry Grove Stadium.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Frederick is actually affordable. The median home price for Frederick homes is $245,500, which is 15.5% lower than the Maryland average. If we take a closer look at the affordability of homes in Frederick, we’ll see that the home price to income ratio is 3.7, which is 2.6% lower than the Maryland average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Frederick area were 5.2% and 5 year appreciation rates were 4.2%.