Prince Frederick is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Maryland. With a population of 3,226 people and four associated neighborhoods, Prince Frederick is the 161st largest community in Maryland. There's nothing like the smell of a brand new house, and in Prince Frederick, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Prince Frederick, and putting down their money on brand new construction. Prince Frederick’s real estate is, on average, some of the newest in the nation. Prince Frederick does seem to be experiencing an influx of affluent people, because the median household income is $61,293.00.

A relatively large number of people in Prince Frederick telecommute to their jobs. Overall, about 8.37% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.

Prince Frederick is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

One downside of living in Prince Frederick, however, is that residents on average have to contend with a long commute, spending on average 37.39 minutes every day commuting to work.

The education level of Prince Frederick citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 20.54% of adults 25 and older in Prince Frederick have a college degree.

The per capita income in Prince Frederick in 2022 was $36,429, which is lower middle income relative to Maryland, and upper middle income relative to the rest of the US. This equates to an annual income of $145,716 for a family of four. However, Prince Frederick contains both very wealthy and poor people as well.

Prince Frederick is an extremely ethnically-diverse town. The people who call Prince Frederick home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prince Frederick residents report their race to be White, followed by Black or African-American. Prince Frederick also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.41% of the town’s residents. Important ancestries of people in Prince Frederick include German, Irish, English, Italian, and Polish.

The most common language spoken in Prince Frederick is English. Other important languages spoken here include Spanish and Hungarian.