Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 24,478 ↑ 1.4% since 2020 |
| Median Household Income | $132,774 78% above national median |
| Median Home Value | $677,400 |
| Unemployment Rate | 4.4% |
| Median Age | 37.3 years |
| Housing Vacancy Rate | 1.7% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 24,478 |
| Population (2020) | 24,146 |
| Population Growth | 1.37% |
| Median Household Income | $132,774 |
| Median Home Value | $677,400 |
| Total Housing Units | 9,317 |
| Vacant Housing Units | 159 |
| Housing Vacancy Rate | 1.7% |
| Median Age | 37.3 |
| Bachelor's Degree or Higher | 5,300 (21.7%) |
| Unemployment Rate | 4.4% |
Market Overview
Fairfax city, Virginia has a population of 24,478, which has grown 1.37% since 2020. The median household income is $132,774, above the national median of $74,580 by 78.0%. The housing vacancy rate of 1.7% suggests tight market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Fairfax city, Virginia?
As of the 2023 American Community Survey, Fairfax city has a population of 24,478. The county has grown 1.37% since the 2020 Census, indicating a growing community.
What is the median household income in Fairfax city?
The median household income in Fairfax city is $132,774, which is 78.0% above the national median of $74,580.
Is Fairfax city growing or shrinking?
Fairfax city is growing. The population has increased 1.37% since 2020.
What is the housing market like in Fairfax city?
The median home value in Fairfax city is $677,400. The housing vacancy rate is 1.7%, which suggests tight market conditions. The unemployment rate is 4.4%, reflecting the local economic conditions.
Does Reelvest buy land in Fairfax city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Fairfax city. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.