Fair Lakes, VA

Census Place

2024 Population

8,894

US Senator

Mark Warner

Democratic Party

US Senator

Tim Kaine

Democratic Party

2024 Median Age

40.1

0.249% 1-year decrease

2024 Poverty Rate

5.46%

4.02% 1-year decrease

2024 Median Household Income

$127,332

2.64% 1-year decline

2024 Median Property Value

$588,200

Population & Diversity

Fair Lakes, VA is home to a population of 8.89k people, from which 85.2% are citizens.

As of 2024, 43.1% of Fair Lakes, VA residents were born outside of the country (3.83k people).

In 2024, there were 1.11 times more Asian (Non-Hispanic) residents (3.52k people) in Fair Lakes, VA than any other race or ethnicity. There were 3.17k White (Non-Hispanic) and 639 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

85.2%

2024 Citizenship

86.1%

2023 Citizenship

As of 2024, 85.2% of Fair Lakes, VA residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Fair Lakes, VA was 86.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Fair Lakes, VA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Fair Lakes, VA

Asian (Non-Hispanic)
3.52k ± 503
White (Non-Hispanic)
3.17k ± 516
Black or African American (Non-Hispanic)
639 ± 253

7.87%

Hispanic Population

700 people

7.87% of the people in Fair Lakes, VA are hispanic (700 people).

The following chart shows the 8 races represented in Fair Lakes, VA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Virginia.

Most Common Origin

El Salvador
108,778 ± 8,047 people
India
98,440 ± 7,659 people
Mexico
58,677 ± 5,927 people

In 2024, the most common birthplace for the foreign-born residents of Virginia was El Salvador, the natal country of 108,778 Virginia residents, followed by India with 98,440 and Mexico with 58,677.

Foreign-Born Population

43.1%

2024 Foreign-Born Population

3.83k people

41.4%

2023 Foreign-Born Population

3.57k people

As of 2024, 43.1% of Fair Lakes, VA residents (3.83k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Fair Lakes, VA was 41.4%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Fair Lakes, VA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
184 ± 136
Vietnam
144 ± 100
Gulf War (1990s)
94 ± 72

Fair Lakes, VA has a large population of military personnel who served in Gulf War (2001-), 1.28 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Fair Lakes, VA.

Economy

The economy of Fair Lakes, VA employs 5.48k people. In 2024, the largest industries in Fair Lakes, VA were Professional, Scientific, & Technical Services (1,359 people), Other Services, Except Public Administration (562 people), and Retail Trade (480 people), and the highest paying industries were Public Administration ($142,083), Real Estate & Rental & Leasing ($135,764), and Finance & Insurance, & Real Estate & Rental & Leasing ($121,394).

Employment

Occupations

5.48k

2024 Value

± 501

1.44%

1 Year growth

± 12.7%

From 2023 to 2024, employment in Fair Lakes, VA grew at a rate of 1.44%, from 5.4k employees to 5.48k employees.

The most common job groups, by number of people living in Fair Lakes, VA, are Computer & Mathematical Occupations (891 people), Management Occupations (776 people), and Business & Financial Operations Occupations (582 people). This chart illustrates the share breakdown of the primary jobs held by residents of Fair Lakes, VA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Virginia.

This chart shows weekly unemployment insurance claims in Virginia (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

5.48k

2024 Value

± 501

1.44%

1 Year growth

± 12.7%

From 2023 to 2024, employment in Fair Lakes, VA grew at a rate of 1.44%, from 5.4k employees to 5.48k employees.

The most common employment sectors for those who live in Fair Lakes, VA, are Professional, Scientific, & Technical Services (1,359 people), Other Services, Except Public Administration (562 people), and Retail Trade (480 people). This chart shows the share breakdown of the primary industries for residents of Fair Lakes, VA, though some of these residents may live in Fair Lakes, VA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$100,423

Median earning men ± $8,643

$62,101

Median earning women ± $14,328

The industries with the best median earnings for men in 2024 are Public Administration ($193,571), Finance & Insurance, & Real Estate & Rental & Leasing ($137,292), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($125,170).

The industries with the best median earnings for women in 2024 are Public Administration ($127,014), Finance & Insurance, & Real Estate & Rental & Leasing ($119,500), and Information ($80,960).

Housing & Living

The median property value in Fair Lakes, VA was $588,200 in 2024, which is 1.77 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $575,500 to $588,200, a 2.21% increase. The homeownership rate in Fair Lakes, VA is 61.1%, which is lower than the national average of 65.2%.

People in Fair Lakes, VA have an average commute time of 29 minutes, and they drove alone to work. Car ownership in Fair Lakes, VA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$588,200

Median Property Value 2024

±$37,111

$2,305

Median Property Taxes

±$294

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Fair Lakes, VA the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Fair Lakes, VA compared to it's parent and neighbor geographies.

Rent vs Own

61.1%

Homeownership

2024

56.1%

Homeowners with Mortgage

2024

In 2024, 61.1% of the housing units in Fair Lakes, VA were occupied by their owner. This percentage declined from the previous year's rate of 61.6%.

This chart shows the percentage of owner in Fair Lakes, VA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$127,332

Median Household Income

± $16,619

3.77k

Number of Households

± 442

In 2024, the median household income of the 3.77k households in Fair Lakes, VA declined from $127,332 from the previous year's value of $130,789.

The following chart displays the households in Fair Lakes, VA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Fair Lakes, VA is from Virginia.

0.47

2024 Wage GINI in Virginia

0.472

2023 Wage GINI in Virginia

In 2024, the income inequality in Virginia was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.376% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Virginia was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Virginia in comparison to the national average.

This chart shows the number of workers in Virginia across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (61.9%)
Worked At Home (28.1%)
Carpooled (6.7%)

In 2024, 61.9% of workers in Fair Lakes, VA drove alone to work, followed by those who worked at home (28.1%) and those who carpooled to work (6.7%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

29 minutes

Average Travel Time

Using averages, employees in Fair Lakes, VA have a longer commute time (29 minutes) than the normal US worker (26.4 minutes). Additionally, 2.78% of the workforce in Fair Lakes, VA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Fair Lakes, VA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Fair Lakes, VA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Fair Lakes, VA have 2 cars.

Poverty

Poverty & Diversity

5.46% of the population for whom poverty status is determined in Fair Lakes, VA (482 out of 8.82k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 75+, followed by Females 65 - 74 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Fair Lakes, VA is White, followed by Asian and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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