At a Glance
Median Income
$191,319
$70,409 per capita
Home Value
$695,300
Zillow: $517,661
Median Rent
$3,501/mo
30.7% of income on rent
Bachelor's Degree+
72.4%
97.6% high school+
Unemployment
1.4%
1.9% poverty rate
Obesity Rate
37.8%
6.7% smoking rate
How Fairwood Compares to the U.S. Average
Each bar shows Fairwood's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Fairwood a Good Place to Live?
A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Fairwood residents earn a median household income of $191,319 , which is 155% above the national average of $75,149.
Per capita income is $70,409. The unemployment rate stands at 1.4% (61% below the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 18,770 business establishments, including 1,546 restaurants.
Housing & Cost of Living
The median home value in Fairwood is $695,300 , 147% above the national median of $281,900.
Zillow estimates the typical home at $517,661. Median rent is $3,501/month, with 30.7% of renters spending more than 30% of income on housing. The cost of living index is 105.0 (100 = national average). The median home was built in 2007.
Education
72.4% of adults in Fairwood hold a bachelor's degree or higher
(115% above the national average).
97.6% have completed high school. Local schools score 4.5/10 in standardized testing.
Climate & Weather
Fairwood has an average annual temperature of 55°F (13°C).
Winters average 33°F in January while summers reach 77°F in July. Annual precipitation totals 45.0 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population8,108
Median Age40.7 yrs
Density2,378/mi²
Male / Female48% / 52%
Foreign Born22.0%
Veterans9.1%
Economy
A+
Median Income$191,319
Per Capita$70,409
Unemployment1.4%
Poverty1.9%
County GDP$65,163M
Avg Weekly Wage$1,411
Housing
A+
Home Value$695,300
Rent$3,501
Ownership91.5%
Zillow$517,661
Housing Units2,447
Rent Burden30.7%
Health
Obesity37.8%
Diabetes10.9%
Smoking6.7%
Heart Disease3.7%
Premature Death8,436/100K
Climate
Avg Temp55°F
Rain45.0 in/yr
AQI39 (Good)
Elevation200 ft
Education
A+
Bachelor's+72.4%
High School+97.6%
Graduate+37.2%
School Score4.5/10
Community
2024 VoteR 11% / D 86%
Commute39 min
Broadband100.0%
Internet Speed185 Mbps
EV Stations24
Libraries19
Did You Know?
The median home in Fairwood was built in 2007.
23.6% work from home.
The nearest airport is Ronald Reagan Washington Ntl (16 miles).
The Gini coefficient (income inequality) is 0.408 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
4.5% of the population has a disability.
22.0% of residents are foreign-born.
Average internet download speed is 185 Mbps.
There are 1,546 restaurants in the area.
The county recorded 116 fatal vehicle crashes.