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Fairfax

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

Median Home$245,900
Median Rent$1,229/month
Population1,566
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services15% healthcare
Home Value Growth⬆⬆⬆+30.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners74% of occupied units
NotableAmenity Score82/100 · highly walkable area
NotableHighly Educated30% hold a bachelor's degree · top 9% nationally
Fairfax
OH

Frequently Asked Questions

What are today's mortgage rates in Fairfax?

As of today, the 30-year fixed mortgage rate for Fairfax is approximately 6.974% (7.013% 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 $246k. The median monthly rent is $1,229. Annual property taxes average $4k. 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 30.6% 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 $1,275/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairfax is $75k/year.

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What industries drive the economy in Fairfax?

The largest employment sectors in Fairfax are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.