Places/Virginia/Fairfax County, Virginia
County profile

Fairfax County, Virginia

United States · US territory
EA Place Score
methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
696,002
Census CBP · 2023
Employers
31,931
Census CBP · 2023
Avg. wage
$107.5k
BLS QCEW · 2023
Population
1,167,873
Census PEP · 2025
Labor, income & education
Unemployment
3.6%
Median HH income
$153.6k±$1.6k
Bachelor's degree+
65.0%±0.7%
Poverty rate
5.9%±0.3%
Business applications
19,666 · 2025
Retail establishments
2,457
21.2/10k pop
Industry mix · employment
Professional services46%
Health care14%
Admin & support11%
Information10%
Retail trade10%
Food & accommodation9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
1,167,873
residents · 2025 · +1.7% since 2020
COMPONENTS OF CHANGE · 20212025
Domestic migration70,553
International migration+57,333
Natural change+31,760

Real estate & risk

FHFA · ACS · FEMA
Median home value
$732.8k±$4.8k
Median gross rent
$2.3k/mo±$15/mo
Vacancy rate
3.7%±0.3%
Affordability
6.8× wages
Residential permits
$490.4M
2,862 units · 2.5/1k pop
FEMA risk score
94.7
HUD Fair Market Rent (2BR):$2.2k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 98Lightning 98Heat wave 97
FHFA HOUSE PRICE INDEX · 20162025
822
2016
840
2017
860
2018
893
2019
923
2020
991
2021
1089
2022
1146
2023
1223
2024
1249
2025
RESIDENTIAL PERMITS · 20212025
36% since 2021
2,105
2021
1,987
2022
3,248
2023
2,861
2024
2,862
2025

Transport access

BTS · FAA · USACE
Nearest interstate
4.4 km
I-66
Nearest freight rail
4.0 km
VPRA
Nearest port
18.8 km
VULCAN MATERIALS WOODBRIDGE VA
Nearest commercial airport
20.3 km
WASHINGTON DULLES INTL
Wage trend
BLS QCEW · 20192023
$107.5k
avg. annual pay · +20% since 2019
The read

What is Fairfax County’s economy like?

Fairfax County is home to 1,167,873 residents and 696,002 jobs across 31,931 employers, led by professional services. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.

GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.