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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

Fuquay-Varina Quick Facts

Population 40,485
Median Household Income $115,497
Median Home Value $451,500
Poverty Rate 8.2%
Unemployment Rate 3.6%
Median Age 37.0 years
Homeownership Rate 74.2%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 54.0%
High School Graduation Rate 96.1%
Diversity Index 53/100
Population 40,485 27th of 772
Median Income $115,497 top 10%
Poverty Rate 8.2% 34% lower than national
Median Home Value $451,500 top 10%

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.

Metric2019–20232020–2024Change
Population37,74940,485+7.2%
Median household income$111,447$115,497+3.6%
Median home value$410,600$451,500+10.0%

How Fuquay-Varina Compares

Economy & Housing

Household Income Distribution

Under $25K 7.3%
$25K-$50K 12.4%
$50K-$100K 23.6%
$100K+ 56.6%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
1.8%
$15K-$20K
1.5%
$20K-$25K
1.2%
$25K-$30K
3.4%
$30K-$35K
1.6%
$35K-$40K
3.3%
$40K-$45K
2.6%
$45K-$50K
1.5%
$50K-$60K
3.2%
$60K-$75K
8.3%
$75K-$100K
12.1%
$100K-$125K
12.0%
$125K-$150K
12.6%
$150K-$200K
15.6%
$200K+
16.5%

Employment

3.6% Unemployment Rate State: 4.7%|National: 5.2%
66.4% Labor Force Participation

Housing Overview

Owner 74.2%
Renter 25.8%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $1,720/mo 17.9% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 58 | National average: 61

Education

Fuquay-Varina Rankings in North Carolina

#27 Population of 772
#46 Median Income of 716
#73 Education of 772
#67 Home Value of 725

Other Cities in Wake County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Indian Trail42,036$108,483$385,00040.2%5.3%
Holly Springs45,248$135,578$535,80067.3%4.8%
Cornelius32,783$113,767$559,40062.2%5.4%
Morrisville31,422$125,396$518,80072.7%3.1%
Wake Forest52,844$123,802$474,50059.5%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.