Income & Economy in Fair Lakes, VA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$130,789

+79% vs national

Per Capita Income

$66,786

+80% vs national

Poverty Rate

5.7%

-58% vs national

Gini Index

0.3729

0 = perfect equality

Unemployment

2.9%

-44% vs national

SNAP Recipients

2.8%

of households

How Fair Lakes Compares

Source: Census ACS (2023)

Fair Lakes vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Fair Lakes is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Fair Lakes. The median household income here is $130,789.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
9.0%
$25-50K
3.2%
$50-75K
5.2%
$75-100K
14.9%
$100-150K
25.9%
$150-200K
16.3%
$200K+
25.3%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.9%

-35% vs VA avg

Labor Force

5,605

Employed

5,404

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

49.3%

of adults 25+

High School Diploma+

56.6%

of adults 25+

Median Age

40.2

Work from Home

24.0%

of workers

The median household income in Fair Lakes, VA is $130,789, which is 78.6% above the national average of $73,224. Per capita income is $66,786. The poverty rate of 5.7% is lower than the VA state average of 12.2%. The Gini index of income inequality is 0.3729, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.9%, compared to the state average of 4.5%. 49.3% of adults hold a bachelor's degree or higher.