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Fairfax

Learn about the people, housing, costs and businesses in Fairfax County

Median Home$723,441
Median Rent$2,198/month
Population25,026
Leading IndustriesArts, Food & Hospitality · Healthcare · Education23% arts, food & hospitality
Home Value Growth⬆⬆+16.1% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners70% of occupied units
NotableAmenity Score87/100 · highly walkable area
NotableHigh Incomes$140k/year · top 1% nationally
Fairfax City
VA

Frequently Asked Questions

What are today's mortgage rates in Fairfax?

As of today, the 30-year fixed mortgage rate for Fairfax is approximately 6.802% (6.824% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Fairfax?

The median home value in Fairfax is $723k. The median monthly rent is $2,198. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fairfax?

Home values in Fairfax have increased 16.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Fairfax?

Based on a typical all-in ownership cost of $2,382/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $102k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairfax is $140k/year.

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What industries drive the economy in Fairfax?

The largest employment sectors in Fairfax are healthcare (28%) and arts, food, and hospitality (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas