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CITY · 2020 ACS

Fair Lakes

Virginia · 8,404 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 $110,450. Population has held roughly steady since 2019. 67% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $519,300. Poverty is rare here, at 6.1% of residents. Households here earn about 45% more than the Virginia median.

At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 36.6
US median: 38.8
More educated
67% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
8,404
Unchangedsince 2019
from 8,399 in 2019
2010 – 2024
Population density
3,549 / sq mi
Unchangedsince 2019
from 3,547 / sq mi in 2019
US average: 280
Median age
36.6
+5%since 2019
from 34.9 in 2019
US average: 38.8
Population, 2010 – 2024
7K8K8K9K9K201020202024Fair Lakes
20249K
201020202024
Section 02

Income & economy

Median household income
$110,450
−9%inflation adjusted, since 2019
from $119,967 in 2019
US average: $66,278
2010 – 2024
Per capita income
$56,571
−2%since 2019
from $57,451 in 2019
US average: $35,364
Households earning $100K+
70.4%
−1.7 ptssince 2019
from 72.1% in 2019
US average: 43.9%
Poverty rate
6.1%
+1.2 ptssince 2019
from 4.9% in 2019
US average: 12.8%
Workforce by industry, 2020
Information6.9%
US avg: 11.1%
Other services5.3%
US avg: 6.6%
Retail trade4%
US avg: 10%
Public administration3.8%
US avg: 4.7%
Arts, entertainment, food2.1%
US avg: 2%
Finance & insurance2%
US avg: 5.5%
Transportation & warehousing1.9%
US avg: 2.5%
Professional, scientific, technical1.8%
US avg: 4.7%
Wholesale trade1.6%
US avg: 6.7%
Education & health services0.2%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$519,300
−4%inflation adjusted, since 2019
from $536,000 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$1,976
+2%inflation adjusted, since 2019
from $1,918 in 2019
US average: $1,124
Owner-occupied
58.5%
+1.1 ptssince 2019
from 57.5% in 2019
41.5% rent
Afford Score
4.7
+5%since 2019
from 4.5 in 2019
2010 – 2024
RELATED:See current rent listings in Fair Lakes on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic46.9%(3,938)
Black8.3%(697)
Hispanic / Latino4.4%(369)
Asian35.1%(2,945)
Other5.4%(450)
Diversity Score80.7%(6,777)
2020
White, non-Hispanic38.4%(3,230)
Black9.4%(792)
Hispanic / Latino8.4%(707)
Asian37.1%(3,120)
Other4.2%(353)
Diversity Score85.2%(7,160)
Diversity Score
85
+6%since 2019
from 81 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
66.8%
−1.5 ptssince 2019
from 68.4% in 2019
US average: 32.9%
High school or higher
94.2%
−1.0 ptssince 2019
from 95.2% in 2019
US average: 88.5%
Graduate degree
32.6%
+2.0 ptssince 2019
from 30.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
40.0 min
+8%since 2019
from 37.0 min in 2019
US average: 26.9
Drive alone to work
70.0%
−6.1 ptssince 2019
from 76.1% in 2019
US average: 75.1%
No vehicle available
3.9%
+3.0 ptssince 2019
from 0.9% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.1%
+0.6 ptssince 2019
from 1.5% in 2019
US average: 5.4%
Labor force participation
75.3%
−4.0 ptssince 2019
from 79.3% in 2019
US average: 63.4%
Management & professional
65.4%
−4.3 ptssince 2019
from 69.7% in 2019
US average: 39.3%
Section 08

People & community

Male
52.7%
+2.0 ptssince 2019
from 50.7% in 2019
Female
47.3%
−2.0 ptssince 2019
from 49.3% in 2019
Foreign born
38.1%
+5.1 ptssince 2019
from 33.1% in 2019
US average: 13.5%
Uninsured
5.3%
−0.2 ptssince 2019
from 5.5% in 2019
US average: 8.8%
Drill deeper

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Compare Fair Lakes to nearby cities

FAIR LAKES VS
Greenbriar
Income$142,634+29%
Home value$662,500+28%
Population8,243−7%
SEE FULL COMPARISON →
FAIR LAKES VS
Fair Oaks
Income$123,947+12%
Home value$608,200+17%
Population35,545+300%
SEE FULL COMPARISON →
FAIR LAKES VS
Centreville
Income$139,510+26%
Home value$590,500+14%
Population71,706+706%
SEE FULL COMPARISON →
FAIR LAKES VS
Chantilly
Income$157,124+42%
Home value$663,600+28%
Population24,036+170%
SEE FULL COMPARISON →
Frequently asked

How many people live in Fair Lakes, Virginia?

Fair Lakes, Virginia has about 8,404 residents according to the 2020 American Community Survey.

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

The typical household in Fair Lakes, Virginia earns about $110,450 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 $519,300, and the typical rent is about $1,976 a month.

How educated are people in Fair Lakes, Virginia?

About 66.8% 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 6.1% 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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