Fredericksburg city, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 38.30, -77.49.
Assembled 2026-10-06. Read the brief.
- 91st pct · 255th of 3,063 US counties · median $234,566
- 85th pct · 20th of 133 Virginia counties · median $307,999
- 27th pct · 17th of 23 counties in the Washington-Arlington-Alexandria metro · median $568,558
- 35th pct · 1,976th of 3,063 US counties · median +2.9%
- 21st pct · 104th of 133 Virginia counties · median +2.9%
- 59th pct · 10th of 23 counties in the Washington-Arlington-Alexandria metro · median +1.4%
- 81st pct · 261st of 1,399 US counties · median $1,496
- 64th pct · 29th of 79 Virginia counties · median $1,757
- 14th pct · 19th of 22 counties in the Washington-Arlington-Alexandria metro · median $2,260
- 74th pct · 813th of 3,221 US counties · median 8,232
- 75th pct · 33rd of 133 Virginia counties · median 9,944
- 40th pct · 14th of 23 counties in the Washington-Arlington-Alexandria metro · median 38,075
- 83rd pct · 531st of 3,221 US counties · median $1,039
- 76th pct · 32nd of 133 Virginia counties · median $1,048
- 31st pct · 16th of 23 counties in the Washington-Arlington-Alexandria metro · median $1,341
- 88th pct · 347th of 3,063 US counties · median 4.3
- 75th pct · 33rd of 133 Virginia counties · median 5.4
- 45th pct · 13th of 23 counties in the Washington-Arlington-Alexandria metro · median 7.1
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $470,383 (Aug 2026), +1.6% over one year, +17.3% over five
- 91st pct · 255th of 3,063 US counties · median $234,566
- 85th pct · 20th of 133 Virginia counties · median $307,999
- 27th pct · 17th of 23 counties in the Washington-Arlington-Alexandria metro · median $568,558
| Item | Value | Distance |
|---|---|---|
| Fredericksburg city, VA | $470,383 · +1.6% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,955/mo (Aug 2026), +3.3% over one year; price-to-rent 20.0
- 81st pct · 261st of 1,399 US counties · median $1,496
- 64th pct · 29th of 79 Virginia counties · median $1,757
- 14th pct · 19th of 22 counties in the Washington-Arlington-Alexandria metro · median $2,260
| Item | Value | Distance |
|---|---|---|
| Fredericksburg city, VA | $1,955/mo · +3.3% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $2,575 a month on $470,383 at 7.28%, against an average weekly wage worth $5,555 a month: 46.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $470,383 × 80% = $376,306, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $2,575/mo principal and interest
- wage share = payment / (avg weekly wage $1,282 × 52 / 12 = $5,555) = 46% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $470,383 / ($1,282 × 52) = 7.1
- price-to-rent = $470,383 / ($1,955 × 12) = 20.0
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
24,622 jobs at 1,756 employers (2026 Q1); -1.9% jobs and +0.3% average weekly wage over the year
- 74th pct · 813th of 3,221 US counties · median 8,232
- 75th pct · 33rd of 133 Virginia counties · median 9,944
- 40th pct · 14th of 23 counties in the Washington-Arlington-Alexandria metro · median 38,075
| Item | Value | Distance |
|---|---|---|
| Fredericksburg city, VA | 24,622 jobs · $1,282/wk · -1.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 6,953 | $1,657 | 1.88 | +0.0% |
| Accommodation and food services | 4,184 | $514 | 1.89 | +3.1% |
| Retail trade | 3,387 | $708 | 1.41 | +1.7% |
| Professional and technical services | 1,448 | $1,840 | 0.85 | -16.0% |
| Other services | 717 | $955 | 0.97 | -8.4% |
| Construction | 586 | $1,780 | 0.45 | -6.8% |
| Finance and insurance | 529 | $2,569 | 0.53 | +0.4% |
| Real estate and rental | 460 | $1,275 | 1.22 | -6.5% |
| Arts, entertainment and recreation | 392 | $412 | 0.97 | -25.9% |
| Wholesale trade | 256 | $1,838 | 0.27 | -12.3% |
| Educational services | 137 | $789 | 0.26 | +7.9% |
| Agriculture, forestry, fishing | withheld |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
No drought class at this point (USDM covers the United States only)
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$1.9 bn in deposits at 16 offices of 13 banks (SOD June 2026); HHI 1,369, moderately concentrated. $2.1 bn federal obligations in FY2026 (contracts $1.9 bn, direct payments $161.8 m), $84,587 per covered job
| Item | Value | Distance |
|---|---|---|
| Truist Bank | $405.3 m · 21.5% share · 1 office | |
| Atlantic Union Bank | $386.8 m · 20.5% share · 2 offices | |
| Bank of America, National Association | $250.3 m · 13.3% share · 1 office | |
| Fredericksburg (City), VA | $2.1 bn FY2026 · $84,587/job | |
| TRIWEST HEALTHCARE ALLIANCE CORP | $1.8 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Truist Bank | $405,349,000 | 21.5% | 1 |
| Atlantic Union Bank | $386,786,000 | 20.5% | 2 |
| Bank of America, National Association | $250,259,000 | 13.3% | 1 |
| Wells Fargo Bank, National Association | $195,609,000 | 10.4% | 1 |
| Burke & Herbert Bank & Trust Company | $190,203,000 | 10.1% | 2 |
| Shore United Bank, National Association | $119,029,000 | 6.3% | 1 |
| United Bank | $82,019,000 | 4.4% | 2 |
| PNC Bank, National Association | $77,856,000 | 4.1% | 1 |
| First-Citizens Bank & Trust Company | $61,336,000 | 3.3% | 1 |
| Manufacturers and Traders Trust Company | $50,770,000 | 2.7% | 1 |
Deposit concentration is 1,369 across 13 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 13 banks with deposits in the county = 21.5² + 20.5² + 13.3² + … (10 more) = 1,369
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Department of Veterans Affairs | $1,845,613,744 |
| Social Security Administration | $112,543,297 |
| General Services Administration | $46,132,160 |
| Department of Homeland Security | $25,708,380 |
| Department of Transportation | $13,178,289 |
| Department of State | $9,942,386 |
| Department of Justice | $7,834,534 |
| Department of Education | $5,976,414 |
| Railroad Retirement Board | $4,017,701 |
| Department of Agriculture | $3,137,918 |
| Department of Health and Human Services | $3,009,295 |
| Department of the Interior | $1,776,835 |
That is $84,587 per covered job, against 24,622 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $2.1 bn / 24,622 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $84,587
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Fredericksburg city, VA: 6 findings, 1 at a watch level and 5 noted
watchFredericksburg city, VA's covered employment is -1.9% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -1.9 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteFredericksburg city, VA's covered employment was 1.9% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -1.9 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteFredericksburg city, VA's average weekly wage was 0.3% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +0.3 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteFredericksburg city, VA's typical home value of $470,383 ranks 255th of 3,063 US counties, against a median of $234,566.
Period 2026-08.Show the arithmetic
- 92 on the 0-to-100 scale across 3063 US counties that published home.latest
position among the entities that published this metric this period; not an official level
noteThe next Zillow ZHVI typical home value (monthly) covering Fredericksburg city, VA is due between 2026-10-14 and 2026-10-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-14 to 2026-10-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
Read all 6 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.