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Fredericton, NB

Full City Profile · New Brunswick

3.3 /5.0
B Good
63,116 Population 1,221/sq mi density
$73,000 Median Income $47,920 per capita
$250,000 Home Value
$1,030 Median Rent 19.7% income on rent
45°F Avg Temperature 255 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$73,000 median income, 8.6% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $1,030/mo rent
C+
Safety
2.5 / 5.0
C+
Education
3.0 / 5.0
24.8% bachelor's degree or higher

Fredericton, NB

At a Glance

Median Income
$73,000
3% below
$47,920 per capita
Home Value
$250,000
11% below
Median Rent
$1,030/mo
11% below
19.7% of income on rent
Bachelor's Degree+
24.8%
26% below
27.0% high school+
Unemployment
8.6%
139% above
13.5% poverty rate
Avg Temperature
45°F
255 sunny days/yr

How Fredericton Compares to the U.S. Average

Each bar shows Fredericton's value as a percentage of the national average (100% = U.S. avg)

Income
97%
Home Value
89%
Rent
89%
Poverty
109%
Bachelor's
74%
Unemployment
239%
Thin vertical line = U.S. national average (100%)

Is Fredericton a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Fredericton residents earn a median household income of $73,000 , which is 3% below the national average of $75,149. Per capita income is $47,920. The unemployment rate stands at 8.6% (139% above the U.S. rate of 3.6%). 13.5% of residents live below the poverty line. The area is home to 103 business establishments, including 46 restaurants.

Housing & Cost of Living

The median home value in Fredericton is $250,000 , 11% below the national median of $281,900. Median rent is $1,030/month, with 19.7% of renters spending more than 30% of income on housing.

Education

24.8% of adults in Fredericton hold a bachelor's degree or higher (26% below the national average). 27.0% have completed high school.

Climate & Weather

Fredericton has an average annual temperature of 45°F (7°C). Winters average 19°F in January while summers reach 70°F in July. The area gets 255 sunny days per year. Annual precipitation totals 56.3 inches.

Data Overview

People

Population63,116
Median Age40.0 yrs
Density1,221/mi²
Male / Female48% / 52%

Economy

B
Median Income$73,000
Per Capita$47,920
Unemployment8.6%
Poverty13.5%
Avg Weekly Wage$922

Housing

A+
Home Value$250,000
Rent$1,030
Ownership56.6%
Housing Units28,475
Rent Burden19.7%

Crime

C+
Property69/100K
Burglary10/100K

Climate

Avg Temp45°F
Sunny Days255/yr
Rain56.3 in/yr
Elevation367 ft

Education

C+
Bachelor's+24.8%
High School+27.0%
Graduate+11.9%

Community

Commute18 min

Did You Know?

27.4% work from home.