Fredericksburg is a somewhat small city located in the state of Texas. With a population of 11,257 people and five associated neighborhoods, Fredericksburg is the 236th largest community in Texas.

Fredericksburg home prices are not only among the most expensive in Texas, but Fredericksburg real estate also consistently ranks among the most expensive in America.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.00% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 15.58 minutes getting to work every day.

The population of Fredericksburg is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 37.32% of adults in Fredericksburg have a bachelor's degree or even advanced degree.

The per capita income in Fredericksburg in 2022 was $41,505, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $166,020 for a family of four. However, Fredericksburg contains both very wealthy and poor people as well.

Fredericksburg is a very ethnically-diverse city. The people who call Fredericksburg home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fredericksburg residents report their race to be White, followed by Black or African-American. Fredericksburg also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 20.03% of the city’s residents. Important ancestries of people in Fredericksburg include German, English, Irish, Scottish, and Italian.

The most common language spoken in Fredericksburg is English. Other important languages spoken here include Spanish and German/Yiddish.