Frederick County, Virginia: commercial real estate data.
Frederick County, Virginia has a population of 95,008 across 413 square miles, up 7.3 percent since the 2020 census base. 1,695 establishments operate here, and the SBA record carries 63 7(a) approvals worth $44.2 m.
116 sourced county values · tier FULL · 10 sections
Frederick County
How many people live in Frederick County
- Population95,008
- Households35,385
- Average household size2.68
- Median household income$97,606
- Median age40.8
- Median gross rent$1,507 per month
- Median owner-occupied home value$386,000
- Home value to household income4.0 times
- Annual rent as a share of median income18.5 percent
- Adults 25 and over with a bachelor degree or higher31.9 percent
- Adults 25 and over with a graduate degree12.8 percent
- Adults 25 and over66,519
- Population under 1821,524
- Share under 1822.7 percent
- Population 65 and over17,831
- Share 65 and over18.8 percent
- Working age population, 18 to 6455,653
- Civilian labor force48,800
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over66.4 percent
- Rank by population among Virginia counties23rd of 133
- Rank by population among US county-equivalents649th
Frederick County is the 23rd largest of 133 Virginia counties by population. A median home costs 4.0 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.7 percent against 18.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Frederick County
Is Frederick County growing
- Population change since the 2020 census base7.28 percent
- Census 2020 base population91,451
- Births, 2024959
- Deaths, 2024846
- Natural change, 2024113
- Net domestic migration, 20241,588
- Net international migration, 2024229
- Total net migration, 20241,817
- Cumulative net domestic migration, 2021 to 20245,585
- Rank by growth among US county-equivalents293rd
The county has grown 7.28 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Frederick County
Where people moving to Frederick County come from
- Tax returns filed by households arriving3,402
- People arriving, from those returns6,339
- Adjusted gross income arriving$261.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$76,939
- Largest single originFrederick County Non-migrants (35,953 households)
- Largest single destination (35,953 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Frederick County Non-migrants | 35,953 | 74,543 | $3.33 bn |
| Other flows - Different State | 918 | 1,628 | $78.0 m |
| Winchester city | 590 | 1,070 | $33.1 m |
| Other flows - South | 493 | 882 | $39.2 m |
| Loudoun County | 415 | 865 | $37.8 m |
| Other flows - Same State | 276 | 479 | $18.5 m |
| Fairfax County | 219 | 420 | $22.3 m |
| Other flows - Northeast | 195 | 330 | $16.6 m |
The largest single source of arrivals is Frederick County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Frederick County
Who employs people in Frederick County
- Covered employment, annual average39,388
- Establishments reporting2,131
- Average annual pay$62,069
- Average weekly wage$1,194
- Sector 31-33, employment6,538
- Sector 31-33, average annual pay$78,174
- Sector 48-49, employment5,800
- Sector 48-49, average annual pay$57,954
- Sector 44-45, employment4,302
- Sector 44-45, average annual pay$41,402
- Sector 52, employment2,936
- Sector 52, average annual pay$81,225
- Sector 72, employment2,439
- Sector 23, employment2,366
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 6,538 | 110 | $78,174 |
| Sector 48-49 | 5,800 | 97 | $57,954 |
| Sector 44-45 | 4,302 | 221 | $41,402 |
| Sector 52 | 2,936 | 77 | $81,225 |
| Sector 72 | 2,439 | 142 | $26,115 |
| Sector 23 | 2,366 | 270 | $76,347 |
| Sector 62 | 2,028 | 333 | $57,011 |
| Sector 56 | 1,927 | 141 | $37,536 |
The largest sector is the biggest private employer group at 6,538 jobs, 16.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Frederick County
What businesses operate in Frederick County
- Establishments, all industries1,695
- Employment at those establishments31,079
- Annual payroll$1.76 bn
- Establishments per 1,000 residents17.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Frederick County
What is being built in Frederick County
- Housing units authorised by permit, 2024872
- Declared construction value permitted$211.3 m
- Single family units authorised872
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$242,368
- Units authorised per 1,000 households24.6
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Frederick County
How much SBA lending happens in Frederick County
- 7(a) approvals recorded63
- 7(a) gross approval dollars$44.2 m
- Average 7(a) approval$701,190
- Median 7(a) approval$198,600
- 10th percentile approval$30,000
- 90th percentile approval$1,720,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)566
- Jobs per approval9.0
- Distinct 7(a) lenders active34
- Distinct industries receiving approvals44
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.5 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter51
- Franchise loans13
- Franchise share of approvals20.6 percent
- Leading industry by approval countGeneral Freight Trucking, Long-Distance, Truckload (5)
- Most active lenderNortheast Bank (7)
- 504 approvals recorded20
- 504 gross approval dollars$22.0 m
- Average 504 approval$1,097,600
- Median 504 approval$721,000
- Distinct CDCs active3
- 504 jobs per approval14.6
- 504 jobs per million dollars approved13.3
- Most active CDCBusiness Finance Group, Inc. (16)
- 7(a) share of SBA approvals75.9 percent
- Combined SBA approval dollars$66.1 m
The average approval of $701,190 sits well above the median of $198,600, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 17.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Frederick County
Do SBA loans in Frederick County get paid back
- Loans with a final outcome recorded12
- Paid in full9
- Charged off3
- Charge off rate on resolved loans25.0 percent
- Status: Exempt from disclosure40
- Status: Paid in full9
- Status: Charged off3
- Status: Cancelled9
- Status: Committed, not yet disbursed2
Of the 12 loans that have reached a final outcome, 25.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Frederick County
Which parts of Frederick County get the lending
- Places in the county with recorded lending7
- Winchester, approvals46
- STEPHENS CITY, approvals7
- Cross Junction, approvals3
- STEPHENSON, approvals3
- CLEAR BROOK, approvals2
- FRONT ROYAL, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Winchester | 46 | $37,928,100 |
| STEPHENS CITY | 7 | $3,876,900 |
| Cross Junction | 3 | $220,000 |
| STEPHENSON | 3 | $325,000 |
| CLEAR BROOK | 2 | $1,745,000 |
| FRONT ROYAL | 1 | $30,000 |
| Middletown | 1 | $50,000 |
Winchester accounts for 46 approvals against 7 in STEPHENS CITY. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Frederick County
How big is Frederick County
- Land area413 sq mi
- Rank by land area among Virginia counties43rd of 133
- Width, east to west27.4 mi
- Height, north to south31.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land230
- Establishments per square mile4.10
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Frederick County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Frederick County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population95,008
- Households35,385
- Average household size2.68
- Median household income$97,606
- Median age40.8
Common questions
Frederick County questions, answered from the record.
How many people live in Frederick County, Virginia?
95,008, in 35,385 households, ranking 23rd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Frederick County growing?
The population has grown 7.28 percent since the 2020 census base. In 2024 there were 959 births against 846 deaths, with net migration of 1,817. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Frederick County?
$97,606. The median owner-occupied home is valued at $386,000, which is 4.0 times income, and median gross rent is $1,507 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Frederick County?
1,695 establishments, employing 31,079 people with an annual payroll of $1.76 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Frederick County?
Average annual pay is $62,069, or $1,194 a week, across 39,388 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Frederick County?
63 7(a) approvals totalling $44.2 m since FY2020, across 34 lenders, with a median approval of $198,600, plus 20 504 approvals worth $22.0 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Frederick County get paid back?
Of the 12 loans that have reached a final outcome, 9 were paid in full and 3 charged off, a charge off rate of 25.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Frederick County?
872 housing units were authorised by permit in 2024, with a declared construction value of $211.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Frederick County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Frederick County come from?
The largest single origin is Frederick County Non-migrants, with 35,953 households. Arriving households report an average income of $76,939 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Frederick County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Frederick County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.