22401 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Fredericksburg City County
Centroid: Latitude 38.296, Longitude -77.485
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 22401 has segments in 2 Counties / Independent Cities (Fredericksburg City, Spotsylvania).

Businesses Addresses: 1,758
PO Box Addresses: 0
Residential Addresses: 11,324

Multi-Family Addresses: 2,612
Single Family Addresses: 8,712

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Fredericksburg, VA 22401 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	28,708 (100%)
Population in Households	26,032 (90.7%)
Population in Families	16,987 (59.2%)
Population in Group Quarters¹	2,676 ( 9.3%)
Population Density	2,672
Diversity Index²	65


INCOME
Median Household Income	$66,379
Average Household Income	$92,022
% of Income for Mortgage⁴	22%
Per Capita Income	$37,103
Wealth Index⁵	78

HOUSING
Total HU (Housing Units)	12,165 (100%)
Owner Occupied HU	4,129 (33.9%)
Renter Occupied HU	7,080 (58.2%)
Vacant Housing Units	956 ( 7.9%)
Median Home Value	$354,298
Average Home Value	$391,850
Housing Affordability Index³	114

HOUSEHOLDS
Total Households	11,209
Average Household Size	2.32
Family Households	5,601
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Fredericksburg, VA 22401 - Peer Comparisons by Rank and Percentile

The table below compares 22401 to the other 865 ZIP Codes in Virginia by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	1.64%	1.25%
Households	1.62%	1.14%
Families	1.4%	0.98%
Median Household Income		1.52%
Per Capita Income		1.62%
Owner Occupied HU		1.27%

Variable Description	Rank	Percentile
Total Population	# 111	87th
Population Density	# 108	88th
Median Household Income	# 269	69th
Housing Affordability Index	# 124	14th
Per Capita Income	# 226	74th
Diversity Index	# 93	89th

Fredericksburg, VA 22401 ZIP Code Profile

ZIP Code 22401: Basic Data & USPS Preferred City Name

Fredericksburg, VA 22401 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fredericksburg, VA 22401 - Peer Comparisons by Rank and Percentile

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