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Fair Oaks, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
35,545
Population
$123,947
Median Income
$608,200
Home Value
35.5
Median Age

Demographics

Fair Oaks has a population of 35,545 with a median age of 35.5. Here is the racial and ethnic breakdown of the population:

White
44.4%
Asian
28.9%
Black
12.4%
Hispanic
11.2%
Other
3.1%
Demographic Value
Total Population35,545
Median Age35.5
White44.4%
Black or African American12.4%
Asian28.9%
Hispanic or Latino11.2%
Other / Two or More Races3.1%
Fair Oaks, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 44.4%Asian: 28.9%Black: 12.4%Hispanic/Latino: 11.2%Other: 3.1%35,545PopulationWhiteWhite44.4%AsianAsian28.9%BlackBlack12.4%Hispanic/LatinoHispanic/Latino11.2%OtherOther3.1%

Income & Economy

The median household income in Fair Oaks is $123,947, which is 53.8% above the national median of $80,610. The per capita income is $68,293. The poverty rate is 5.7%.

$123,947
Median Household Income
$68,293
Per Capita Income
5.7%
Poverty Rate

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Education

In Fair Oaks, 94.8% of residents age 25+ have a high school diploma or higher, and 69.0% hold a bachelor's degree or higher (33.5% with a graduate or professional degree).

HS Diploma+
94.8%
Bachelor's+
69.0%
Graduate+
33.5%
Education Level % of Adults (25+)
High School Diploma or Higher94.8%
Bachelor's Degree or Higher69.0%
Graduate or Professional Degree33.5%

Housing

The median home value in Fair Oaks is $608,200, above the national median of $303,400. The median monthly rent is $2,275. The homeownership rate is 44.7%.

$608,200
Median Home Value
$2,275/mo
Median Rent
44.7%
Homeownership Rate
Housing Metric Value
Median Home Value$608,200
Median Monthly Rent$2,275
Homeownership Rate44.7%
Vacancy Rate4.6%

Salaries in Virginia

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Frequently Asked Questions

What is the population of Fair Oaks, Virginia?
The population of Fair Oaks, Virginia is 35,545 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fair Oaks, Virginia?
The median household income in Fair Oaks, Virginia is $123,947. This is 53.8% above the national median of $80,610.
What is the median home value in Fair Oaks, Virginia?
The median home value in Fair Oaks, Virginia is $608,200. The median monthly rent is $2,275.
What percentage of people in Fair Oaks have a college degree?
In Fair Oaks, Virginia, 69.0% of adults age 25 and older hold a bachelor's degree or higher, and 94.8% have a high school diploma or higher.
Is Fair Oaks, Virginia an affordable place to live?
The home price-to-income ratio in Fair Oaks, Virginia is 4.9x (median home value $608,200 vs. median income $123,947), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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