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CITY

Fair Lakes

Virginia · 8,894 residents · 2.368 sq mi
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The short version

Fair Lakes is significantly wealthier than the US average, with a median household income of $127,332. Population has held roughly steady since 2023. 65% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $588,200. Poverty is rare here, at 5.5% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 40.1
US median: 38.9
More educated
65% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

8,894
+3%since 2023
from 8,617 in 2023
2010 – 2024
3,756 / sq mi
+3%since 2023
from 3,639 / sq mi in 2023
US average: 281
40.1
Unchangedsince 2023
from 40.2 in 2023
US average: 38.9
Population, 20102024
7K8K8K9K9K201020202024Fair Lakes
20249K
201020202024
Section 02

Income & economy

$127,332
−5%inflation adjusted, since 2023
from $130,789 in 2023
US average: $82,259
2010 – 2024
$67,841
+2%since 2023
from $66,786 in 2023
US average: $44,673
Households earning $100K+
79.8%
−2.7 ptssince 2023
from 82.5% in 2023
US average: 53.3%
5.5%
−0.2 ptssince 2023
from 5.7% in 2023
US average: 12.5%
0.382
+2%since 2023
from 0.373 in 2023
US average: 0.476
Workforce by industry, 2024
Information8.8%
US avg: 10.8%
Other services7.5%
US avg: 6.7%
Public administration5%
US avg: 4.8%
Finance & insurance3.7%
US avg: 5.9%
Arts, entertainment, food3.3%
US avg: 1.9%
Retail trade3%
US avg: 9.9%
Professional, scientific, technical2.5%
US avg: 5.1%
Wholesale trade1.5%
US avg: 6.9%
Transportation & warehousing1.5%
US avg: 2.2%
Education & health services1.2%
US avg: 0.9%
Agriculture, forestry, fishing0.3%
US avg: 1.6%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$588,200
−1%inflation adjusted, since 2023
from $575,500 in 2023
US average: $376,019
2010 – 2024
$2,419
+1%inflation adjusted, since 2023
from $2,325 in 2023
US average: $1,442
61.1%
−0.5 ptssince 2023
from 61.6% in 2023
38.9% rent
0.0%
−0.9 ptssince 2023
from 0.9% in 2023
US average: 10.0%
30.6%
+3.7 ptssince 2023
from 26.9% in 2023
US average: 22.9%
39.1%
+4.8 ptssince 2023
from 34.3% in 2023
US average: 47.4%
4.6
+5%since 2023
from 4.4 in 2023
2010 – 2024
RELATED:See current rent listings in Fair Lakes on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic39.4%(3,394)
Black7.3%(629)
Hispanic / Latino5.7%(488)
Asian39.2%(3,377)
Other8.5%(729)
Diversity Score84.4%(7,277)
2024
White, non-Hispanic35.7%(3,172)
Black7.2%(639)
Hispanic / Latino7.9%(700)
Asian39.6%(3,523)
Other9.7%(860)
Diversity Score86.9%(7,729)
87
+3%since 2023
from 84 in 2023
2010 – 2024
Section 05

Education

65.5%
−0.3 ptssince 2023
from 65.8% in 2023
US average: 35.6%
High school or higher
94.1%
Unchangedsince 2023
from 94.1% in 2023
US average: 89.6%
30.6%
+0.6 ptssince 2023
from 30.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

29.0 min
−10%since 2023
from 32.2 min in 2023
US average: 26.5
61.9%
−1.1 ptssince 2023
from 63.0% in 2023
US average: 68.9%
6.7%
Unchangedsince 2023
from 6.7% in 2023
US average: 8.5%
1.3%
−2.7 ptssince 2023
from 4.0% in 2023
US average: 3.2%
28.1%
+4.1 ptssince 2023
from 24.0% in 2023
US average: 15.0%
1.5%
−0.2 ptssince 2023
from 1.7% in 2023
US average: 2.4%
0.0%
−0.1 ptssince 2023
from 0.1% in 2023
US average: 0.4%
4.3%
−0.3 ptssince 2023
from 4.6% in 2023
US average: 8.3%
Section 07

Work & employment

2.5%
−0.4 ptssince 2023
from 2.9% in 2023
US average: 5.2%
74.6%
−1.4 ptssince 2023
from 76.0% in 2023
US average: 63.5%
10.0%
−2.3 ptssince 2023
from 12.3% in 2023
US average: 13.1%
61.4%
+0.1 ptssince 2023
from 61.3% in 2023
US average: 42.5%
Section 08

People & community

51.0%
+0.2 ptssince 2023
from 50.9% in 2023
49.0%
−0.2 ptssince 2023
from 49.1% in 2023
43.1%
+1.5 ptssince 2023
from 41.5% in 2023
US average: 14.1%
6.3%
−0.8 ptssince 2023
from 7.1% in 2023
US average: 6.2%
8.0%
+0.4 ptssince 2023
from 7.6% in 2023
US average: 13.3%
6.2%
+0.3 ptssince 2023
from 5.9% in 2023
US average: 8.4%
98.3%
−0.4 ptssince 2023
from 98.7% in 2023
US average: 91.0%
49.0%
−2.4 ptssince 2023
from 51.4% in 2023
US average: 77.7%
3.3%
−0.2 ptssince 2023
from 3.5% in 2023
US average: 13.6%
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Frequently asked

How many people live in Fair Lakes, Virginia?

Fair Lakes, Virginia has about 8,894 residents according to the 2024 American Community Survey.

What is the median household income in Fair Lakes, Virginia?

The typical household in Fair Lakes, Virginia earns about $127,332 a year. Half of households make more than that, and half make less.

Is Fair Lakes, Virginia expensive?

In Fair Lakes, Virginia, the median home is worth about $588,200, and the typical rent is about $2,419 a month.

How educated are people in Fair Lakes, Virginia?

About 65.5% of adults age 25 and over in Fair Lakes, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Fair Lakes, Virginia?

About 5.5% of people in Fair Lakes, Virginia live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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