Zip Code

22407

City

Fredericksburg, VA

Population & Migration

What is the forecasted population for Zip code 22407 Fredericksburg, VA?

Population census 2020
59,551
Forecasted population 2025
64,983
9.1% vs. 2020
Forecasted population 2030
69,203
16.2% vs. 2020

Zip code 22407 Fredericksburg, VA population is forecasted to grow 9.1% by 2025 (4.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 64,983 people for 2025 zip code 22407 Fredericksburg, VA will generate a good demand for housing, which is expected to have a deficit of 3,367 houses for 2030. Vacancy rate is 5.3 points below national US average.

Total homes available 2020
20,774
Estimated total home demand in 2030
24,141
Total homes balance inventory
3,367

Average Household Income in zip code 22407 Fredericksburg, VA
from Internal Revenue Service

Average household income in 2021
$110,828

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 22407 Fredericksburg, VA?

County total number of drinking water violations

108

-54%

234

County total number of drinking water contaminations

29

+26%

23

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