The small town of Frederic, Wisconsin is home to slightly more than 1,000 residents. It's a nice place to settle down, as retirees make up a greater percentage of the population (22%) here than they do nationally (14%), while young adults appear in smaller numbers. Overall, the town's population, at an average age of just over 43, is older than most cities in Wisconsin. Renters tend to be in the minority in the town, and 75% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $662/month. Over the course of a year, renters in Frederic will save around $2,500 compared to the state average.
Compared to the national average (5%), Frederic has a relatively high concentration of residents older than 25 who have an Associate's degree (7%). In addition, 8% have earned a Bachelor's degree and 3% possess a Master's or Doctoral degree. There are three primary industries in Frederic: healthcare, manufacturing, and retail. Combined, these industries make up 20% of the town's workforce. Meanwhile, in terms of job function, 7% of residents work in transportation, which ranks as the top profession in the town. Frederic workers earn an average annual income of around $55K, less than their peers elsewhere in Wisconsin. The town's average income also trails the national average of $73,345.
With an average commute time of about 28 minutes, longer than most cities in Wisconsin, Frederic residents have found that traveling to work takes some patience. Driving a vehicle is the typical way to get to work, chosen by 33% of commuters, while public transit isn't used widely. A small percentage of residents (3%) walk to work, though the number is higher than the national average.
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