Frederick is a medium-sized town located in the state of Colorado. With a population of 17,676 people and seven associated neighborhoods, Frederick is the 39th largest community in Colorado. Much of the housing stock in Frederick was built relatively recently. The construction of new real estate can often be taken as an indication that the local Frederick economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Frederick, where the median household income is $135,316.00. Housing costs in Frederick are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Frederick is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Frederick is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Frederick who work in management occupations (13.07%), office and administrative support (10.29%), and sales jobs (9.55%). Also of interest is that Frederick has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Frederick telecommute to their jobs. Overall, about 17.52% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Frederick is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Frederick really has some of the features that families look for when choosing a good community to raise children. Is Frederick perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. One downside of living in Frederick, however, is that residents on average have to contend with a long commute, spending on average 32.62 minutes every day commuting to work. The population of Frederick is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 36.54% of adults in Frederick have a bachelor's degree or even advanced degree. The per capita income in Frederick in 2022 was $51,107, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $204,428 for a family of four. Frederick is a very ethnically-diverse town. The people who call Frederick home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frederick residents report their race to be White, followed by Asian. Frederick also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.49% of the town’s residents. Important ancestries of people in Frederick include German, English, Irish, Italian, and Norwegian. The most common language spoken in Frederick is English. Other important languages spoken here include Spanish and Miao/Hmong.