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Frederick County, VA

RANK #501 / 996  ·  POP 92,007  ·  VA

PROJECTED GROWTH: +0.7%

Frederick County sits in the middle of the pack — stable but not accelerating.

[01] Why Frederick County?

Frederick County, Virginia, is known for its historical significance, particularly its role in the Civil War, with Winchester, the county seat, changing hands numerous times. Located in the northernmost part of the Shenandoah Valley, about 80 miles from Washington, D.C., the county offers a blend of small-town atmosphere and convenient access to a major metropolitan area. The landscape features scenic mountains and opportunities for outdoor recreation like hiking, biking, and fishing, notably at Sherando Park in Stephens City. Commuting options include access to Interstates 81 and 66, and ride-sharing services are available for those traveling towards the Washington D.C. area.

Life in Frederick County often appeals to families, with public schools generally performing above average. The community has seen an influx of new residents, contributing to its growth. The local economy is diverse, with growth in sectors such as manufacturing, corporate services, and information technology. Major employers contribute to a dynamic environment for career development, and the area is recognized for its business landscape.

[02] Market Snapshot

Housing Ratio
12.6x

Overvalued relative to economy

GDP Growth

No data

Home Prices
+0.8%

Below national median

Climate & Terrain
-0.4

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks overvalued at 12.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Frederick County U.S. National

The Numbers

DEMOGRAPHICS
Population
92,007
+1.91% YoY
Median Household Income
$92,443
Median Home Value
$333,600
+0.82% 12mo
Median Rent
$1,347
Average Annual Pay
$62,069
+5.7% YoY
Employment
39,388
+2.3% YoY
Income-to-Home-Value
0.2771
More affordable than average
Migration Inflow
5.58%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$405,000
Days on Market
83
Slower market
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
98.0%
Negotiation room for buyers
Sold Above List
20.2%
Listings w/ Price Drops
26.9%
Building Permits (2024)
872
Single-Family Permits
872

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,085M
TOTAL
PROJECT AMOUNT STATUS
Data Center Overlay Zone Development (Estimated)
Various (within CDI-OZ)
$500M Planned/Proposed
Clasen Quality Chocolate Production Facility
Clasen Quality Chocolate
$230M Under Construction
Bartonsville Energy Facility
Bartonsville Energy Facility, LLC (Torch Clean Energy)
$130M Operating
Amazon E-commerce Warehouse and Distribution Center
Amazon
$100M Operating
Foxglove Solar Facility
Foxglove Solar LLC (Urban Grid)
$75M Operating
ZM Sheet Metal Relocation and Expansion
ZM Sheet Metal
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

Population Growth +1.9% 88 percentile
Income Growth +9.6% 75 percentile
Vacancy Rate 0.8% 73 percentile
Home Price Change +0.8% 42 percentile
Rent Growth +3.6% 63 percentile
Price/Rent 14x 48 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Frederick County, VA a good place to move to?

Frederick County has a Boom Town Index score of 50/100, ranking #501 among 996 U.S. counties. With job growth at +2.3% and a median household income of $92,443, it's an above-average county on economic indicators.

Is Frederick County affordable?

The median home value in Frederick County is $333,600 with median rent at $1,347/month. The income-to-home-value ratio is 0.2771, which is more affordable than the national average.

Is Frederick County growing or shrinking?

Population growth: +1.9% year-over-year. Job growth: +2.3%. Home values changed +0.8% in the past 12 months.

Are people moving to Frederick County?

Yes — 5.58% of Frederick County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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