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EconPulse

Local economy signal dashboard

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COUNTYThriving

Fairfax County, VA

Thriving overall. Housing is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score69out of 100
Compare
NA
74
49
75
NA

Population

1,147,837

Data freshness

Unknown

GDP / Output

Unavailable YoY

NA

Unavailable

Local GDP is unavailable for this geography.

Vintage date unknown

State growth5.4%
U.S. growth5.3%

Jobs

Unemployment rate

74

3.2%

Unemployment is 3.2% for April 2026.

Vintage date unknown

State avg3.8%
U.S. avg4.3%

Population

-0.1% 5-year

49

1,147,837

Population moved -0.1% over the latest ACS window.

Vintage date unknown

State population8,705,170
U.S. population334,922,499

Housing

Rent share of income

75

17.8%

Median rent consumes 17.8% of median household income: Affordable.

Vintage date unknown

State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State total$214.1B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

Industry GDP mix is unavailable for this geography.

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars

No agencies reported.

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

17.8%

of median income

1BR estimate$1,866
2BR estimate$2,458
Median income$153,637
Median home value$732,800

ACS context

Quick Facts

Population

1,147,837

Median age

39.1

Bachelor's degree+

65.0%

Poverty rate

5.9%

Labor force participation

70.8%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.0%

GDP CAGR

Unavailable

Federal flow

N/A

Population (5 years)
20201,149,439
20211,146,825
20221,145,354
20231,144,474
20241,147,837

2-year linear forecast

Predictive Outlook

Population forecast

20241,147,837
20251,145,119 *
20261,144,564 *

R² = 19.9% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$153,637/yr
Median rent$2,276/mo
Rent share of income17.8%
Est. mortgage (30yr, 6.5%)$44,465/yr
Mortgage share of income28.9%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.2%
State avg3.8%
U.S. avg4.3%
Labor force participation70.8%
Poverty rate5.9%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$732,800
Median monthly rent$2,276
Price-to-rent ratio26.8x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score65/100
Economic growthN/A
Labor market74/100
Population momentum49/100
Overall stability69/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Fairfax County, Virginia

County

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

Long Branch, VAGeorge Mason, VAKings Park West, VAWakefield, VAMantua, VA