22406 ZIP Code Demographics & Rankings

Preferred Name, USPS

Fredericksburg, VA 22406

Acceptable Alternative

Falmouth, VA 22406

Fredericksbrg, VA 22406

Not Acceptable, USPS

Fred, VA 22406

Fredbg, VA 22406

Frederickbg, VA 22406

Frederickbur, VA 22406

Fredericksbg, VA 22406

Fredericksbur, VA 22406

ZIP Code Type: STANDARD
County: Stafford County
Centroid: Latitude 38.38, Longitude -77.534
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 22406 has segments in 2 Counties / Independent Cities (Fauquier, Stafford).

Businesses Addresses: 532
PO Box Addresses: 0
Residential Addresses: 10,009

Multi-Family Addresses: 434
Single Family Addresses: 9,575

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

Fredericksburg, VA 22406 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	28,932 (100%)
Population in Households	28,486 (98.5%)
Population in Families	24,859 (85.9%)
Population in Group Quarters¹	446 ( 1.5%)
Population Density	383
Diversity Index²	65


INCOME
Median Household Income	$107,602
Average Household Income	$128,657
% of Income for Mortgage⁴	14%
Per Capita Income	$43,811
Wealth Index⁵	169

HOUSING
Total HU (Housing Units)	10,348 (100%)
Owner Occupied HU	7,199 (69.6%)
Renter Occupied HU	2,653 (25.6%)
Vacant Housing Units	496 ( 4.8%)
Median Home Value	$367,974
Average Home Value	$395,333
Housing Affordability Index³	175

HOUSEHOLDS
Total Households	9,852
Average Household Size	2.89
Family Households	7,541
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 22406 - Peer Comparisons by Rank and Percentile

The table below compares 22406 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	3.4%	1.78%
Households	3.11%	1.81%
Families	3.16%	1.74%
Median Household Income		0.69%
Per Capita Income		1.47%
Owner Occupied HU		1.87%

Variable Description	Rank	Percentile
Total Population	# 107	88th
Population Density	# 218	75th
Median Household Income	# 82	91st
Housing Affordability Index	# 473	55th
Per Capita Income	# 132	85th
Diversity Index	# 102	88th

Fredericksburg, VA 22406 ZIP Code Profile

ZIP Code 22406: Basic Data & USPS Preferred City Name

Fredericksburg, VA 22406 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fredericksburg, VA 22406 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 22406

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