Income & Economy in Fredericksburg city, VA (22407)
Median Income
$105,218
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,627
Wealth inflow
Population
64,273
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 3,627 for ZIP 22407 (Fredericksburg city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 22407 (2020–Present)
Since 2020, population grew 7.9%, median income rose 0.8% (inflation-adjusted), home values increased 11.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $105,218 |
| Unemployment | 4.9% |
| Establishments | 1,279 |
| Employees | 16,798 |