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Fair Lakes, Virginia Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Fair Lakes, Virginia had a total population of 8,894, the 141st largest community in Virginia, with a median household income of $127,332, which is 37% higher than the state average. The poverty rate is 5.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Fair Lakes Quick Facts

Population 8,894
Median Household Income $127,332
Median Home Value $588,200
Poverty Rate 5.5%
Unemployment Rate 2.5%
Median Age 40.1 years
Homeownership Rate 61.1%
Affordability Ratio 4.6x
Bachelor's Degree or Higher 65.5%
High School Graduation Rate 94.1%
Diversity Index 70/100
Population 8,894 141st of 681
Median Income $127,332 top 20%
Poverty Rate 5.5% 56% lower than national
Median Home Value $588,200 top 20%

How Fair Lakes 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
Population8,6178,894+3.2%
Median household income$130,789$127,332-2.6%
Median home value$575,500$588,200+2.2%

How Fair Lakes Compares

Economy & Housing

Household Income Distribution

Under $25K 7.5%
$25K-$50K 3.9%
$50K-$100K 24.5%
$100K+ 64.1%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
3.0%
$15K-$20K
1.1%
$20K-$25K
1.1%
$25K-$30K
0.5%
$30K-$35K
0.6%
$35K-$40K
0.0%
$40K-$45K
1.8%
$45K-$50K
1.0%
$50K-$60K
2.7%
$60K-$75K
6.0%
$75K-$100K
15.8%
$100K-$125K
11.5%
$125K-$150K
9.4%
$150K-$200K
16.6%
$200K+
26.5%

Employment

2.5% Unemployment Rate State: 4.3%|National: 5.2%
74.6% Labor Force Participation

Housing Overview

Owner 61.1%
Renter 38.9%
Affordability Index Moderate
4.6x home value to income ratio
Median gross rent $2,419/mo 22.8% of median household income annually

People & Demographics

Diversity Index

70out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 61 | National average: 61

Education

Fair Lakes Rankings in Virginia

#141 Population of 681
#114 Median Income of 585
#85 Education of 680
#106 Home Value of 580

Other Cities in Fairfax County

CityPopulationMedian IncomePovertyHome Value
Centreville 71,706 $139,510 7.2% $590,500
Reston 64,414 $148,710 5.7% $642,000
McLean 49,627 $250,000+ 2.9% $1,412,700
Burke 44,029 $185,818 3.2% $747,700
Annandale 41,705 $116,263 12.1% $681,300
Oakton 36,528 $160,663 4.6% $792,100
Fair Oaks 35,545 $123,947 5.7% $608,200
West Falls Church 31,279 $134,978 7.9% $706,800
Springfield 31,154 $125,999 8.9% $640,300
Tysons 28,936 $129,818 7.9% $640,000

Cities Similar to Fair Lakes

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Innsbrook8,578$129,436$463,50066.7%5.0%
Crozet9,289$129,417$547,20076.3%7.1%
Smithfield8,834$113,158$374,90036.9%5.4%
Hollymead8,482$118,250$435,30063.8%4.3%
Woodburn9,503$134,013$764,10063.8%10.8%

Population Overview

Fair Lakes is a small city located in Virginia, within Fairfax County. The total population is 8,894. It ranks as the 141st most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Fair Lakes is 40.1 years. This is 3% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Fair Lakes is $127,332. This is 37% higher than the state median of $93,170. It is also 58% higher than the national median of $80,734. The poverty rate stands at 5.5%. This is 45% lower than the state poverty rate of 9.9%. The unemployment rate is 2.5%. This is 40% lower than the state rate of 4.3%. The median home value is $588,200. Housing costs are 53% higher than the state median of $383,700. The home-value-to-income ratio is 4.6x. 61.1% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 67.3%.

Race & Ethnicity

Fair Lakes is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 35.7%. The Black or African American population (7.2%) is well below the state average of 18.3%. The Asian population is significantly higher than the state average (39.6% vs 6.9%).

Education

65.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% higher than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.1%. Notably, 30.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Fair Lakes, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. 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 Fair Lakes, Virginia?

Fair Lakes, Virginia has a population of 8,894 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fair Lakes, VA?

The median household income in Fair Lakes is $127,332, which is 58% higher than the national median of $80,734.

What is the poverty rate in Fair Lakes, VA?

The poverty rate in Fair Lakes is 5.5%. This means approximately 482 residents live below the federal poverty line.

What is the racial makeup of Fair Lakes, Virginia?

Fair Lakes's population is 35.7% White, 7.2% Black, 7.9% Hispanic/Latino, and 39.6% Asian.

What is the median home value in Fair Lakes, VA?

The median home value in Fair Lakes is $588,200. The home-value-to-income ratio is 4.6x.

How educated is Fair Lakes, Virginia?

65.5% of adults (25+) in Fair Lakes hold a bachelor's degree or higher, and 30.6% hold a graduate or professional degree.