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. Frederick has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Frederick, where the median household income is $128,078.00.

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.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.28% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 great place for families with children to consider. First of all, many other families with children live here, making Frederick a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Frederick has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Frederick’s overall crime rate is lower than average for the country.

One downside of living in Frederick, however, is that residents on average have to contend with a long commute, spending on average 32.50 minutes every day commuting to work.

The education level of Frederick citizens is very high relative to the national average among all cities (21.84%): 36.27% of adults in Frederick have a bachelor's degree or even advanced degree.

The per capita income in Frederick in 2022 was $48,627, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $194,508 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 16.16% 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.