Why locate your business in Downtown Fredericton?
Market Facts
DFI Business Improvement Area:
- $190 million assessed property value
- 650 plus business members
- 10,000 downtown employment
- Downtown residential properties - 400 units
City of Fredericton:
- 47,565 population 2001 (city proper)
- 81,355 (CA population 2001)
- Population consists of 53% female, 47% male
On average, Fredericton's population is younger with a median age of 37 years - compared to the Canadian median age of 37.6 years (Source: City of Fredericton Development Services Dept.)
Fredericton's income per capita is 1% above the national average. Average household income is estimated at $57,237 in 2003 (Source: Financial Post Canadian Markets Demographics 2003 Edition)
Retail sales for 2003 are estimated at 8% above the national average at $940,800,000. (Source: Financial Post Canadian Markets Demographics 2003 Edition)Fredericton's economy is booming with more businesses per capita than any place in Canada - one business for every fourteen people in the Fredericton region (KPMG's 2002 Competitive Alternatives Study)


