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Fuquay-Varina

Learn about the people, housing, costs and businesses in Fuquay-Varina, North Carolina

Median Home$429,427
Median Rent$1,602/month
Population36,787
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation12% arts, food & hospitality
Home Value Growth+10.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners76% of occupied units
NotableHighly Educated28% bachelor's · 12% graduate · top 12% nationally
NotableHigh Incomes$104k/year · top 15% nationally
Fuquay-Varina
NC

Frequently Asked Questions

What are today's mortgage rates in Fuquay-Varina?

As of today, the 30-year fixed mortgage rate for Fuquay-Varina is approximately 6.853% (6.888% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Fuquay-Varina
What is the median home price in Fuquay-Varina?

The median home value in Fuquay-Varina is $429k. The median monthly rent is $1,602. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fuquay-Varina?

Home values in Fuquay-Varina have increased 10.2% 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 Fuquay-Varina?

Based on a typical all-in ownership cost of $1,665/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fuquay-Varina is $104k/year.

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What industries drive the economy in Fuquay-Varina?

The largest employment sectors in Fuquay-Varina are public administration (23%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.