The Fredericksburg Region, which includes the City of Fredericksburg and the counties of Spotsylvania, Stafford, King George and Caroline, is strategically located 50 miles south of Washington D.C.( the 4th largest market in the U.S.), and 50 miles north of Richmond, VA. The Fredericksburg Region has been one of the fastest growing regions in the Commonwealth of Virginia and the United States.
Recent census data from the U.S. Census Bureau has ranked Fredericksburg as the 6th fastest growing locality in the U.S. with a growth rate of 5.8% between April, 2010 to July, 2011. Weldon Cooper recently released a report showing that Fredericksburg remains the fastest growing locality in Virginia with an overall growth rate of 15% since 2010!
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Here’s the release from Weldon Cooper:
“Population growth in Virginia slowed last year as fewer people moved to the state, but the commonwealth still outpaced the nation, according to the most recent official state population estimates from the University of Virginia’s Weldon Cooper Center for Public Service.
“Virginia’s population grew between 2012 and 2013 by less than 1 percent, or 74,531 people, to increase the state total population to nearly 8.3 million. While growth last year was the slowest in Virginia since before the recession, the commonwealth still grew faster than the nation, which grew by 0.7 percent. Compared to other states,Virginia posted the 14th-highest growth rate and the seventh-largest numerical population gain.
“Within Virginia, the large population gains were more than ever concentrated in urban localities particularly in Northern Virginia.
“While Fredericksburg is the fastest-growing locality since 2010, increasing by more than 15 percent, most urban localities in Virginia also experienced above-average growth, representing a change from the previous decade. Between 2000 and 2010, urban localities grew much more slowly than suburban localities in Virginia; in contrast, during the past four years, many urban areas are among Virginia’s fastest-growing localities, with Arlington, Fredericksburg, Harrisonburg, Radford and Richmond among the cities growing at a rate faster than the state since 2010.
“Most localities that lost population or experienced natural decrease were located outside of the so-called “urban crescent,” which stretches from Hampton Roads to Richmond and up the Interstate 95 corridor to Northern Virginia. In Southwest Virginia, all seven coal-producing counties declined in population between 2012 and 2013.
The Cooper Center’s population estimates, prepared annually, are the official figures for the commonwealth of Virginia. The estimates are based on changes since 2010 in housing stock, school enrollment, births, deaths and drivers’ license issuances. They are used by state and local government agencies in revenue sharing, funding allocations, planning and budgeting.”