Fuquay-Varina, North Carolina Demographics & Population 2026
During the 2020–2024 ACS period, Fuquay-Varina, North Carolina had a total population of 40,485, the 27th largest town in North Carolina, with a median household income of $115,497, which is 60% higher than the state average. The poverty rate is 8.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 60% above the state average — one of the wealthiest communities in North Carolina.
- 54.0% of adults hold a bachelor's degree or higher — top 10% in North Carolina.
Fuquay-Varina Quick Facts
How Fuquay-Varina Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 37,749 | 40,485 | +7.2% |
| Median household income | $111,447 | $115,497 | +3.6% |
| Median home value | $410,600 | $451,500 | +10.0% |
How Fuquay-Varina Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 58 | National average: 61
Education
Educational Attainment (Adults 25+)
Fuquay-Varina Rankings in North Carolina
Explore North Carolina Rankings
Other Cities in Wake County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Raleigh | 481,031 | $85,395 | 11.9% | $415,800 |
| Cary | 179,306 | $134,905 | 5.7% | $580,200 |
| Apex | 70,630 | $144,135 | 2.3% | $576,100 |
| Wake Forest | 52,844 | $123,802 | 4.5% | $474,500 |
| Holly Springs | 45,248 | $135,578 | 4.8% | $535,800 |
| Garner | 34,473 | $78,756 | 8.4% | $355,000 |
| Morrisville | 31,422 | $125,396 | 3.1% | $518,800 |
| Clayton | 29,320 | $78,822 | 5.9% | $329,600 |
| Knightdale | 20,214 | $103,220 | 5.3% | $380,100 |
| Wendell | 13,064 | $95,787 | 3.2% | $330,500 |
Cities Similar to Fuquay-Varina
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Indian Trail | 42,036 | $108,483 | $385,000 | 40.2% | 5.3% |
| Holly Springs | 45,248 | $135,578 | $535,800 | 67.3% | 4.8% |
| Cornelius | 32,783 | $113,767 | $559,400 | 62.2% | 5.4% |
| Morrisville | 31,422 | $125,396 | $518,800 | 72.7% | 3.1% |
| Wake Forest | 52,844 | $123,802 | $474,500 | 59.5% | 4.5% |
Population Overview
Fuquay-Varina is a mid-sized community located in North Carolina, within Wake County. The total population is 40,485. It ranks as the 27th most populous out of 772 Census-designated places in North Carolina.
Age Demographics
The median age in Fuquay-Varina is 37.0 years. This is 5% lower than the state median of 39.1 years. With 28.4% of the population under 18, Fuquay-Varina has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Fuquay-Varina is $115,497. This is 60% higher than the state median of $72,388. It is also 43% higher than the national median of $80,734. The poverty rate stands at 8.2%. This is 37% lower than the state poverty rate of 13.0%. The unemployment rate is 3.6%. This is 23% lower than the state rate of 4.7%. The median home value is $451,500. Housing costs are 56% higher than the state median of $288,900. The home-value-to-income ratio is 3.9x. 74.2% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 66.6%.
Race & Ethnicity
The largest racial or ethnic group in Fuquay-Varina is White (non-Hispanic), making up 65.5% of the population. Black or African American residents account for 14.7%.
Education
54.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Fuquay-Varina in the top 10% of all cities in the state for educational attainment. This is 51% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%. Notably, 17.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Fuquay-Varina, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Fuquay-Varina, North Carolina?
Fuquay-Varina, North Carolina has a population of 40,485 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Fuquay-Varina, NC?
The median household income in Fuquay-Varina is $115,497, which is 43% higher than the national median of $80,734.
What is the poverty rate in Fuquay-Varina, NC?
The poverty rate in Fuquay-Varina is 8.2%. This means approximately 3,303 residents live below the federal poverty line.
What is the racial makeup of Fuquay-Varina, North Carolina?
Fuquay-Varina's population is 65.5% White, 14.7% Black, 9.9% Hispanic/Latino, and 2.9% Asian.
What is the median home value in Fuquay-Varina, NC?
The median home value in Fuquay-Varina is $451,500. The home-value-to-income ratio is 3.9x.
How educated is Fuquay-Varina, North Carolina?
54.0% of adults (25+) in Fuquay-Varina hold a bachelor's degree or higher, and 17.2% hold a graduate or professional degree.