Last updated: 2024 BLS data · Page refreshed:
Fairwood has a population of 7,526 with a median age of 40.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,526 |
| Median Age | 40.6 |
| White | 7.1% |
| Black or African American | 78.5% |
| Asian | 6.4% |
| Hispanic or Latino | 1.5% |
| Other / Two or More Races | 6.5% |
The median household income in Fairwood is $181,458, which is 125.1% above the national median of $80,610. The per capita income is $74,381. The poverty rate is 6.5%.
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In Fairwood, 97.4% of residents age 25+ have a high school diploma or higher, and 71.7% hold a bachelor's degree or higher (43.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.4% |
| Bachelor's Degree or Higher | 71.7% |
| Graduate or Professional Degree | 43.0% |
The median home value in Fairwood is $713,700, above the national median of $303,400. The median monthly rent is $3,435. The homeownership rate is 91.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $713,700 |
| Median Monthly Rent | $3,435 |
| Homeownership Rate | 91.5% |
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