This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Frederick, Colorado is a moderately-sized city with a population of 10,414 residents. At 85%, the majority of the Frederick population is White; this is followed by 6% Asian and 0% Black. An important consideration when living in Frederick is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 32 minutes, far surpassing the national average of 26 minutes.
Are you trying to decide if living in Frederick is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Colorado, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, employment, housing and other key data points, finding the best places to live in Frederick and in the areas around Frederick is a much easier task.
The livability score in Frederick is 67/100 and the city is ranked in the 69th percentile of all cities across America. If we check out each of the categories individually, we see that Frederick ranks well for crime (A+). On a less positive note, Frederick does not have favorable grades for the following: amenities (F) and cost of living (D). If we take a look at the data, we can find out why.
The Frederick unemployment rate of 2.55% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Frederick can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Frederick real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Frederick. The median home price for Frederick homes is $387,800, which is 46.6% higher than the Colorado average. If we take a closer look at the affordability of homes in Frederick, we’ll see that the home price to income ratio is 3.6, which is 14.3% lower than the Colorado average.
Statistic | Frederick | Colorado | National |
Average one way commute | 32min | 25min | 26min |
Workers who drive to work | 81.7% | 75.2% | 76.4% |
Workers who carpool | 7.2% | 9.3% | 9.3% |
Workers who take public transit | 0.3% | 3.1% | 5.1% |
Workers who bicycle | 0.1% | 1.3% | 0.6% |
Workers who walk | 1.0% | 3.0% | 2.8% |
Working from home | 8.8% | 7.0% | 4.6% |