Fairfax: Economy & Jobs

Median household income in Fairfax is $132,348 (about the same as Fairfax city median $132,348; 1.4× higher than Virginia median $93,170), with homes at a median value of $722,600. The surrounding county supports 24,181 jobs (avg $70,382).

Income & Affordability

Median household income $132,348 — above the Virginia median ($92,968). Poverty rate 9.1% (U.S. average ~12.5%). 42% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income5.5×
Affordability · Home Affordabilityexpensive
Affordability · Rent Pct Income19.2%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened42.3%
Affordability · Poverty Rate9.1%
Affordability · Property Tax Pct Income4.9%
Irs Income · IRS tax returns filed$13,540
Irs Income · Total Adjusted Gross Income (thousands)$1,606,386
Irs Income · Average AGI per return$118,640 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$151,298
Median Household Income$132,348 (vs Virginia $92,968) median_household_income: 4 observations from 2026-04-23 to 2026-04-29
Poverty Rate9.1%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryProfessional
Economic Character · Income Levelaffluent
Economic Character · Median Income$132,348

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.3% — below the U.S. average of ~4%. 29% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min28.00
Commuter Profile · Work From Home Pct29.1%
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)24,181
Employment · Total annual wages (county)$1,701,879,146
Employment · Average annual pay$70,382
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,981,130
Unemployment Rate2.3% (vs Virginia 2.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Business Patterns · Establishments (employer count)2,032
Business Patterns · Total Employees26,475
Business Patterns · Annual Payroll Thousands1,686,376
Business Patterns · Year2022

Sources: Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores16
Local Businesses · Convenience Stores7
Local Businesses · Liquor Stores6
Local Businesses · Gas Stations7
Local Businesses · General Merchandise5
Local Businesses · Clothing Stores6
Local Businesses · Pet Stores3
Local Businesses · Electronics Stores6

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants83
Dining Scene · Fast Food79
Dining Scene · Coffee Snacks28

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (20)

United Bank
FAIRFAX CORNER BRANCH · 4100 Monument Corner Dr · 22030
The Freedom Bank of Virginia
The Freedom Bank of Virginia · 10555 Main St · 22030
Wells Fargo Bank, National Association
PAN AM BRANCH · 3019 Nutley St · 22031
United Bank
CARDINAL MESSENGER BRANCH · 10641 Fairfax Blvd · 22030
Bank of America, National Association
PENDER VILLAGE BRANCH · 3907 Fair Ridge Drive · 22033
Atlantic Union Bank
FAIRFAX BRANCH · 9910 Main St · 22031
Wells Fargo Bank, National Association
FAIR OAKS BRANCH · 11781 Lee Jackson Memorial Hwy · 22033
United Bank
United Bank · 11185 Fairfax Blvd · 22030
Manufacturers and Traders Trust Company
LEE PLAZA BRANCH · 11721 Lee Hwy · 22030
PNC Bank, National Association
MAIN & JUDICIAL BRANCH · 10649 Main St · 22030
JPMorgan Chase Bank, National Association
MOSAIC AT MERRIFIELD BRANCH · 2905 District Ave · 22031
TD Bank, National Association
FAIRFAX CITY BEVAN BRANCH · 11098 Fairfax Blvd · 22030
Truist Bank
EXECUTIVE PARK BRANCH · 8416 Arlington Blvd · 22031
Truist Bank
TWINBROOKE BRANCH · 9521 Braddock Rd · 22032
United Bank
FAIRFAX BRANCH · 4021 University Dr · 22030
Manufacturers and Traders Trust Company
FAIRFAX CIRCLE BRANCH · 9720 Lee Hwy · 22031
Manufacturers and Traders Trust Company
MERRIFIELD BRANCH · 8414 Lee Hwy · 22031
JPMorgan Chase Bank, National Association
GREENBRIAR TOWN CENTER BRANCH · 13061 Lee Jackson Memorial Hwy · 22033
JPMorgan Chase Bank, National Association
FAIRFAX CITY MALL BRANCH · 9674 Main St · 22031
Atlantic Union Bank
FAIR LAKES BRANCH · 12735 Shoppes Ln · 22033

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

SAFEWAY 1365
Supermarket · 9525 Braddock Rd
Giant Food 2741
Super Store · 10653 Braddock Rd
SAFEWAY 1431
Supermarket · 12200 W Ox Rd
Trader Joe's 643
Supermarket · 9464 Main St
SAFEWAY 4001
Supermarket · 10350 Willard Way
Nearest Snap · NameSAFEWAY 1365
Nearest Snap · Total In Area64

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameCENTRAL FAIRFAX CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$561,394,060
Federal Spending · Per Capita23,249.98 (vs Virginia $14,580)
Federal Spending · Population24,146 people (vs Virginia 42,214)

Sources: USAspending API

Other

Job Training · Total count2
Pct Drove Alone52.6%
Pct Public Transit2.9%
Pct Walked29.1%
Retirement Score · Median age36.6 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct23.7%
Retirement Score · Va AccessYes
Retirement Score · FactorsVA nearby
Retirement Score · Ratinglimited

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12