The 32-year-old midfielder received 40% of the votes after becoming his country's sixth player to reach 100 caps in November's meeting with Sweden while starring for England 11 times during the year.
Gerrard is a second time winner and said after being presented with the award by Sir Bobby Charlton on Sunday at St George's Park: "It's always special to be recognised by supporters. You only have to look in the players in the team so it's special. I decided after the summer to stay involved, because of the players in the group.
"It means a lot to me when you look at the quality and standard of players in this squad. For me to be picked out to win an individual award is a bonus and something I'm really delighted with.
"It's always a proud feeling to play for this team and the manager believing in me and giving me the captaincy was a huge lift for my personal confidence. I think I've shown a level of consistency that maybe I haven't shown in previous years so it's been a good year."
Gerrard joins Chelsea midfielder Frank Lampard and Manchester United striker Wayne Rooney in lifting the award twice.
Gerrard, who won the England Player of the Year award in 2007, impressed during the summer's European Championship - setting up Joleon Lescott to head England in front in the opener with France in Donetsk.
As England skipper he also crossed for Andy Carroll to head home in a 3-2 win over Sweden and had a hand in Rooney's headed goal that beat co-hosts Ukraine.
Left-back Stephanie Houghton was voted England women player of the year.
Houghton was a star performer for Team GB during the Olympic Games and scored the winner against Brazil.
The men's U21 and women's U23 players of the year awards went to Liverpool midfielder Jordan Henderson and Toni Duggan.
FA chairman David Bernstein said: "Clearly The FA England Awards is about much more than prize-giving and honouring those who have achieved.
"The elite level is the pinnacle of a pyramid that makes English football so
special. They are the inspiration to over two million people regularly playing football in this country. All involved at every level deserve our recognition
and respect."
The evening also saw the Bobby Moore Fund put in the spotlight, with widow Stephanie Moore presenting three of the youth awards.
This month marks the 20th anniversary since World Cup-winning skipper Moore's death from bowel cancer.
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