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Virginia · Census place 26701

Fair Lakes CDP, VA

Quick answer

Fair Lakes CDP has 8,617 residents, ranking #143 of 688 places in Virginia. Median household income is $130,789, the median home is worth $575,500 and median gross rent runs $2,325 a month.

Population
8,617Fair Lakes CDP residents
Median household income
$130,789Past 12 months, inflation adjusted
Median home value
$575,500Owner-occupied units
Median gross rent
$2,325Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
61.6%Owner-occupied households

What the numbers mean in Fair Lakes CDP

Housing cost measured against local earnings.

A household earning the Fair Lakes CDP median would spend about 21.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.7% of residents and 61.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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