Frederic is located in northwest Wisconsin. Frederic is between the Polk, Burnett county. Frederic has 1.72 square miles of land area and 0.07 square miles of water area. As of 2010-2014, the total Frederic population is 1,032, which has shrunk 18.23% since 2000. The population growth rate is much lower than the state average rate of 6.73% and is much lower than the national average rate of 11.61%. Frederic median household income is $32,857 in 2010-2014 and has grown by 29.46% since 2000. The income growth rate is higher than the state average rate of 20.43% and is higher than the national average rate of 27.36%. Frederic median house value is $98,000 in 2010-2014 and has grown by 44.33% since 2000. The house value growth rate is lower than the state average rate of 47.86% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Frederic is better than the state average in quality. The Frederic area code is 715.