Who are we?
That question may seem existential, but collectively, we know quite a bit about ourselves as a community.
Our latest annual demographics report is now available and it provides some key insights in answering that question today, with projections into the future, too. In the collective sense, here’s our population:
|Projected Age Distribution||
The report shows where we live, too:
By 2035, our population is forecast to grow to 1,314,312, with people age 65+ accounting for the largest segment (14.8%).
Anne Cahill, manager of the county’s economic, demographic and statistical research, says that beyond population numbers, three trends sum up the 2015 report:
In January 2015, the median market value of owned housing in Fairfax County reached $492,126, an increase of 10 percent from the year before. This is the largest increase in home values since 2006 (Note: market values are different than real estate assessments).
Our community experienced an increase in residential development activity, adding more than 2,200 housing units during 2014. Strong development activity is being seen in the Silver Line Metro corridor and the majority of units being built are multifamily units.
Through 2045, it is expected that the county will add an additional 132,000 housing units and that multifamily units will comprise 86 percent of those built.
The full report is chock full of all sorts of data down to U.S. Census land tracts. It also includes average rental prices, further demographic breakdowns and more data to help us understand who we are as a county.