Is Frederick, Colorado a Good Place To Live? - Living In Frederick, CO

Is Frederick, Colorado a good place to live?
Frederick is a city in Colorado state in USA with a population of 10414 residents.. The poverty rate of Frederick is 1.6%, which is 89% lower than national average. The typical household in Frederick earns $107443 a year, compared to the national median of $67,500. Nearly 12.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Frederick, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Frederick remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Frederick, only 35% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Frederick is 110, which is 10% higher than national average. Median home value in Frederick is $387800 , which is 69% higher than national average. While median income in Frederick remained $107443, which is 59% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
10414
Unemployment
3.2%
32% NAT AVG.
Poverty
1.6%
89% NAT AVG.
Overall Score
6
Median Home Cost
$387800
69% NAT AVG.
Median Income
$107443
59% NAT AVG.
Median Rent
$1612
39% NAT AVG.
Cost Of Living
110
10% NAT AVG.
People Living BPL
1 in 63
Unemployed People
1 in 31
People Earning < $10,000
1 in 200
People Earning < $50,000
12.9%
People with <= High School
1 in 3.3
People With Any Degree
1 in 2.1
Pros & Cons Overview

Jobs90%

Housing90%

Affordability70%

Safety95%

Amenities70%

Diversity80%

Education85%

Commute40%