Who are we in Fairfax County in 2018?
According to the recently released 2018 Demographics Report, published by the county’s Economic, Demographic and Statistical Research (EDSR) unit, there are an estimated 1,152,873 of us and 418,250 housing units. Our median household income is $118,279, yet an estimated 6 percent of our neighbors live in poverty.
The county’s annual demographics report features critical insights into who we are in Fairfax County – our ethnicity, housing costs, as well as income and forecasts of population and housing units, among several other indicators. This information is used by the Board of Supervisors, county executive and county agencies to make informed and strategic decisions on the services provided to our community, as well as the county’s budget and economic future.
Here are several highlights from the report and EDSR website to give you a snapshot of our county:
We have a greater diversity of racial and ethnic population than we did two decades ago. Compared to 2000, Asian and Pacific Islanders made up the highest increase, from 13.1 to 19.5 percent in 2018. Our Hispanic population increased from 11 to 16.2 percent.
The average annual unemployment rate was 3 percent in 2017 – our unemployment rate has declined every year since 2010. For more information on 2018 monthly and seasonally adjusted unemployment rates in Fairfax County, read the Economic Indicators reports.
In 2017, our median household income is $118,279, which is almost double the U.S. median household income of $60,338. Fairfax County has been recognized nationally for having some of the highest household incomes in the country and that trend continues based on the latest data. However, it’s important to note that 6 percent of our population lives in poverty.
Rental Housing: In 2017, an annual income of $63,969 was needed to rent the average market rate one-bedroom apartment. The average monthly market rent in the county is $1,788. The vacancy rate of rental housing complexes was 5.3 percent last year, a significant drop compared to 8.1 percent in 2016.
Owned Housing: The median market value of owned housing units in 2018 is $519,560, a 2.7 percent increase from 2017. Median size of owned housing is 1,600 square feet.
Fairfax County is large and diverse, so the Economic, Demographic and Statistical Research (EDSR) unit provides an interactive tool to enable you to see what your supervisory district looks like, such as the education levels in the Braddock District or what languages are spoken at home in the Sully District and more.