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Fairfax, 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
25,026
Population
$132,348
Median Income
$722,600
Home Value
36.6
Median Age

Demographics

Fairfax has a population of 25,026 with a median age of 36.6. Here is the racial and ethnic breakdown of the population:

White
52.8%
Hispanic
18.9%
Asian
18.4%
Black
6.3%
Other
3.6%
Demographic Value
Total Population25,026
Median Age36.6
White52.8%
Black or African American6.3%
Asian18.4%
Hispanic or Latino18.9%
Other / Two or More Races3.6%
Fairfax, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 52.8%Hispanic/Latino: 18.9%Asian: 18.4%Black: 6.3%Other: 3.6%25,026PopulationWhiteWhite52.8%Hispanic/LatinoHispanic/Latino18.9%AsianAsian18.4%BlackBlack6.3%OtherOther3.6%

Income & Economy

The median household income in Fairfax is $132,348, which is 64.2% above the national median of $80,610. The per capita income is $63,647. The poverty rate is 9.1%.

$132,348
Median Household Income
$63,647
Per Capita Income
9.1%
Poverty Rate

Employment

The unemployment rate in Fairfax is 2.4%, compared to the national rate of 4.1%.

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Education

In Fairfax, 90.7% of residents age 25+ have a high school diploma or higher, and 62.4% hold a bachelor's degree or higher (29.5% with a graduate or professional degree).

HS Diploma+
90.7%
Bachelor's+
62.4%
Graduate+
29.5%
Education Level % of Adults (25+)
High School Diploma or Higher90.7%
Bachelor's Degree or Higher62.4%
Graduate or Professional Degree29.5%

Housing

The median home value in Fairfax is $722,600, above the national median of $303,400. The median monthly rent is $2,245. The homeownership rate is 69.9%.

$722,600
Median Home Value
$2,245/mo
Median Rent
69.9%
Homeownership Rate
Housing Metric Value
Median Home Value$722,600
Median Monthly Rent$2,245
Homeownership Rate69.9%
Vacancy Rate1.7%

Salaries in Virginia

Explore salary data for popular occupations in Virginia:

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of Fairfax, Virginia?
The population of Fairfax, Virginia is 25,026 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fairfax, Virginia?
The median household income in Fairfax, Virginia is $132,348. This is 64.2% above the national median of $80,610.
What is the median home value in Fairfax, Virginia?
The median home value in Fairfax, Virginia is $722,600. The median monthly rent is $2,245.
What percentage of people in Fairfax have a college degree?
In Fairfax, Virginia, 62.4% of adults age 25 and older hold a bachelor's degree or higher, and 90.7% have a high school diploma or higher.
Is Fairfax, Virginia an affordable place to live?
The home price-to-income ratio in Fairfax, Virginia is 5.5x (median home value $722,600 vs. median income $132,348), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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