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Fairfax County

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

Median Home$738,462
Median Rent$2,516/month
Population1,147,837
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services23% arts, food & hospitality
Home Value Growth⬆⬆+14.1% over 2 years
Young Adults28% of residentsslightly above average
Homeowners69% of occupied units
NotableHigh Incomes$163k/year · top 1% nationally
NotableHighly Educated32% bachelor's · 24% graduate · top 2% nationally
Fairfax County
VA

Frequently Asked Questions

What are today's mortgage rates in Fairfax County?

As of today, the 30-year fixed mortgage rate for Fairfax County is approximately 6.811% (6.833% 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 County?

The median home value in Fairfax County is $738k. The median monthly rent is $2,516. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fairfax County?

Home values in Fairfax County have increased 14.1% 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 County?

Based on a typical all-in ownership cost of $2,649/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $114k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairfax County is $163k/year.

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What industries drive the economy in Fairfax County?

The largest employment sectors in Fairfax County are healthcare (27%) 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