Fair Lakes, VA
Demographics And Statistics
Living In Fair Lakes, Virginia Summary
Life in Fair Lakes research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Fair Lakes over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Fair Lakes:
The population in Fair Lakes is 8,918.
The median home value in Fair Lakes is $617,346.
The median income in Fair Lakes is $123,387.
The cost of living in Fair Lakes is 146 which is 1.5x higher than the national average.
The median rent in Fair Lakes is $2,189.
The unemployment rate in Fair Lakes is 2.7%.
The poverty rate in Fair Lakes is 7.3%.
The average high in Fair Lakes is 66.1° and the average low is 45.8°.
Table Of Contents
Fair Lakes SnackAbility
Overall SnackAbility
Fair Lakes, VA Cost Of Living
Cost of living in Fair Lakes summary. We use data on the cost of living to determine how expensive it is to live in Fair Lakes. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:
The cost of living in Fair Lakes is 146 with 100 being average.
The cost of living in Fair Lakes is 1.5x higher than the national average.
The median home value in Fair Lakes is $617,346.
The median income in Fair Lakes is $123,387.
Fair Lakes's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Fair Lakes Comparison Table
| Living Expense | Fair Lakes | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 146 | 102 | 100 | |
| Services | 111 | 102 | 100 | |
| Groceries | 112 | 98 | 100 | |
| Health | 113 | 102 | 100 | |
| Housing | 234 | 107 | 100 | |
| Transportation | 111 | 95 | 100 | |
| Utilities | 99 | 102 | 100 | |
Fair Lakes, VA Weather
The average high in Fair Lakes is 66.1° and the average low is 45.8°.
There are 74.7 days of precipitation each year.
Expect an average of 42.0 inches of precipitation each year with 18.9 inches of snow.
| Stat | Fair Lakes |
|---|---|
| Average Annual High | 66.1 |
| Average Annual Low | 45.8 |
| Annual Precipitation Days | 74.7 |
| Average Annual Precipitation | 42.0 |
| Average Annual Snowfall | 18.9 |
Average High
Days of Rain
Rankings for Fair Lakes in Virginia
Locations Around Fair Lakes
Map Of Fair Lakes, VA
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Fair Lakes Demographics And Statistics
Population over time in Fair Lakes
The current population in Fair Lakes is 8,918. The population has increased 12.0% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2022 | 8,918 | 7.3% |
| 2021 | 8,314 | 3.1% |
| 2020 | 8,066 | 3.0% |
| 2019 | 7,829 | 1.4% |
| 2018 | 7,721 | 4.8% |
| 2017 | 7,368 | -1.5% |
| 2016 | 7,480 | -1.0% |
| 2015 | 7,559 | -4.0% |
| 2014 | 7,875 | -1.1% |
| 2013 | 7,960 | - |
Race / Ethnicity in Fair Lakes
Fair Lakes is:
41.4% White with 3,694 White residents.
8.3% African American with 741 African American residents.
0.3% American Indian with 31 American Indian residents.
38.6% Asian with 3,439 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
2.8% Other with 247 Other residents.
4.4% Two Or More with 395 Two Or More residents.
4.2% Hispanic with 371 Hispanic residents.
| Race | Fair Lakes | VA | USA |
|---|---|---|---|
| White | 41.4% | 60.0% | 58.9% |
| African American | 8.3% | 18.6% | 12.1% |
| American Indian | 0.3% | 0.1% | 0.6% |
| Asian | 38.6% | 6.8% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 2.8% | 0.5% | 0.4% |
| Two Or More | 4.4% | 4.0% | 3.5% |
| Hispanic | 4.2% | 10.0% | 18.7% |
Gender in Fair Lakes
Fair Lakes is 49.5% female with 4,417 female residents.
Fair Lakes is 50.5% male with 4,500 male residents.
| Gender | Fair Lakes | VA | USA |
|---|---|---|---|
| Female | 49.5% | 50.5% | 50.4% |
| Male | 50.5% | 49.5% | 49.6% |
Highest level of educational attainment in Fair Lakes for adults over 25
1.0% of adults in Fair Lakes completed < 9th grade.
4.0% of adults in Fair Lakes completed 9-12th grade.
9.0% of adults in Fair Lakes completed high school / ged.
10.0% of adults in Fair Lakes completed some college.
8.0% of adults in Fair Lakes completed associate's degree.
36.0% of adults in Fair Lakes completed bachelor's degree.
25.0% of adults in Fair Lakes completed master's degree.
3.0% of adults in Fair Lakes completed professional degree.
4.0% of adults in Fair Lakes completed doctorate degree.
| Education | Fair Lakes | VA | USA |
|---|---|---|---|
| < 9th Grade | 1.0% | 4.0% | 4.0% |
| 9-12th Grade | 4.0% | 5.0% | 6.0% |
| High School / GED | 9.0% | 24.0% | 26.0% |
| Some College | 10.0% | 18.0% | 20.0% |
| Associate's Degree | 8.0% | 8.0% | 9.0% |
| Bachelor's Degree | 36.0% | 23.0% | 21.0% |
| Master's Degree | 25.0% | 13.0% | 10.0% |
| Professional Degree | 3.0% | 3.0% | 2.0% |
| Doctorate Degree | 4.0% | 2.0% | 2.0% |
Household Income For Fair Lakes, Virginia
3.0% of households in Fair Lakes earn Less than $10,000.
3.2% of households in Fair Lakes earn $10,000 to $14,999.
3.0% of households in Fair Lakes earn $15,000 to $24,999.
0.9% of households in Fair Lakes earn $25,000 to $34,999.
3.8% of households in Fair Lakes earn $35,000 to $49,999.
7.2% of households in Fair Lakes earn $50,000 to $74,999.
15.7% of households in Fair Lakes earn $75,000 to $99,999.
23.4% of households in Fair Lakes earn $100,000 to $149,999.
18.3% of households in Fair Lakes earn $150,000 to $199,999.
21.5% of households in Fair Lakes earn $200,000 or more.
| Income | Fair Lakes | VA | USA |
|---|---|---|---|
| Less than $10,000 | 3.0% | 4.2% | 4.9% |
| $10,000 to $14,999 | 3.2% | 3.0% | 3.8% |
| $15,000 to $24,999 | 3.0% | 5.8% | 7.0% |
| $25,000 to $34,999 | 0.9% | 6.3% | 7.4% |
| $35,000 to $49,999 | 3.8% | 9.4% | 10.7% |
| $50,000 to $74,999 | 7.2% | 15.0% | 16.1% |
| $75,000 to $99,999 | 15.7% | 12.3% | 12.8% |
| $100,000 to $149,999 | 23.4% | 18.1% | 17.1% |
| $150,000 to $199,999 | 18.3% | 10.4% | 8.8% |
| $200,000 or more | 21.5% | 15.6% | 11.4% |
