Fairfax County is a place where all people, businesses and places are thriving economically.
Indicators of Success:
Economic Opportunity is the first of ten Community Outcome Areas where headline metrics are visually presented to easily review the data that will continuously inform the Countywide Strategic Plan.
The interactive dashboard below provides an overview of the eight headline metrics for Economic Opportunity and enables the reader to access more detailed data and a narrative for context and clarity. Headline metrics for the remaining nine outcome areas will be identified throughout 2023 and 2024. Data will be reviewed regularly to assess trends, inequities, and alignment with the strategies included in the plan.
Fairfax County is well known for its quality public schools, high median income, low unemployment rate, overall public safety, high concentration of both corporate headquarters and higher education institutions and other key indicators of economic prosperity. Further, the county continues to gain recognition as a source of top talent, especially in the professional and technology sectors.
At the same time, data analysis at the local level reveals that many people and neighborhoods throughout the county do not have equal access to opportunity and are prevented from realizing sustained prosperity and economic mobility as a result. There is also a need to connect historically marginalized people with new job growth, to invest in workforce training and other supports and to help residents achieve financial self-sufficiency.
With the recognition that future economic growth requires the full participation of all Fairfax County populations and places, the proposed strategies in this section focus on building the earning power of residents, supporting startups and small businesses, strategically investing in people and places with lower access to opportunity, and continuing to strongly support the favorable climate that has established Fairfax County as a truly outstanding place to build careers and grow businesses.
These proposed strategies were developed based on the extensive background work completed by the Countywide Strategic Planning Teams. The Board will determine which strategies will be pursued, as well as when they might be undertaken. This process will be highly flexible and will adapt to respond to community conditions as they evolve over time.
NOTE: Strategies have been re-ordered to fit within their related Indicators of Community Success. Strategies with the * symbol have been added to include recommendations from the Chairman's Task Force on Equity and Opportunity.
Economic Stability and Upward Mobility for All People
Promoting Economic Vibrancy in All Parts of Fairfax County
Healthy Businesses in a Diverse Mix of Industries
Promoting Innovation in the Local Economy
Preparing People for the Workforce