Fredonia is a somewhat small village located in the state of New York. With a population of 9,455 people and four associated neighborhoods, Fredonia is the 193rd largest community in New York. Much of the housing stock in Fredonia was built prior to World War II, making it one of the older and more historic villages in the country.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.33% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

Fredonia is a place where college students are a big part of the character and culture of the town. Small towns have often struggled with declining populations over the past few decades, but the presence of such a large college student population has helped Fredonia to fight this trend. Not only does the college population add spending and jobs to local economy, but it also contributes a very tangible, youthful energy to the town.

One of the benefits of Fredonia is that there is very little traffic. The average commute to work is 18.25 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.

The education level of Fredonia ranks among the highest in the nation. Of the 25-and-older adult population in Fredonia, 43.77% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Fredonia in 2022 was $30,886, which is lower middle income relative to New York and the nation. This equates to an annual income of $123,544 for a family of four. However, Fredonia contains both very wealthy and poor people as well.

Fredonia is a somewhat ethnically-diverse village. The people who call Fredonia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fredonia residents report their race to be White, followed by Black or African-American. Important ancestries of people in Fredonia include German, Italian, Polish, English, and Irish.

The most common language spoken in Fredonia is English. Other important languages spoken here include Polish and Spanish.