Living in Fairfield, Virginia
Cost of living, income, home prices, rent and demographics of Fairfield · Census data 2020–2024
Fairfield has 566 residents with a median age of 42.5. The median household income is $113,646 (22% higher than the Virginia median), the median home value is $224,400.
Fairfield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fairfield at a glance
- Population
- 566
- Median age
- 42.5State: 39
- Median household income
- $113,646State: $93,170
- Median home value
- $224,400State: $383,700
- Homeowners
- 95.5%
- Bachelor's degree or higher
- 35%
- Average commute
- 27 min
Is Fairfield a good place to live?
Pros: Median household income 22% higher than the Virginia median; home values 42% lower than the state median; an average commute of 27 minutes; a poverty rate of 2.1%.
The weather is best in May–June and August–September.
Cost of living in Fairfield
Housing is the biggest part of the cost of living. In Fairfield the median home value is $224,400, 33% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,782 a month in housing costs.
Fairfield median household income
The median household income in Fairfield is $113,646 and the income per person is $52,333. 2.1% of residents live below the poverty line (Virginia: 9.9%).
Housing in Fairfield: homes for sale and rent
- Housing units
- 364
- Owner-occupied
- 95.5%
- Renter-occupied
- 4.5%
- Vacant
- 38.7%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.54
38.7% of homes are vacant most of the year, a sign that Fairfield has many vacation and second homes.
Fairfield demographics
- Population
- 566
- Median age
- 42.5
- Under 18
- 14.1%
- 65 and older
- 14.1%
- Households
- 223
- Foreign-born
- 1.4%
- Veterans
- 2.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairfield ›
Education in Fairfield
35% of adults 25 and older in Fairfield have a bachelor's degree or higher (Virginia: 42.2%), and 22.8% have a graduate or professional degree.
Jobs and commute in Fairfield
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 20.4%
- Drive alone
- 77%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Fairfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairfield | 566 | $113,646 | $224,400 | — |
| East Lexington | 1,652 | $64,241 | $275,700 | $954 |
| Greenville | 1,183 | $41,691 | $199,200 | — |
| Lexington | 7,525 | $84,517 | $275,200 | $1,081 |
| Buena Vista | 6,593 | $57,833 | $156,200 | $1,112 |
| Middlebrook | 241 | $55,519 | $251,100 | — |
| Goshen | 271 | $45,000 | $136,100 | $750 |
| Craigsville | 1,104 | $39,609 | $176,900 | $738 |
| Stuarts Draft | 11,780 | $79,332 | $294,300 | $1,201 |
More for people moving to Fairfield
Fairfield ZIP code ›Weather and climate ›Living in Fairfield: FAQ
What is the median household income in Fairfield, VA?
The median household income in Fairfield is $113,646, 22% higher than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fairfield?
The median home value in Fairfield is $224,400, compared with $383,700 in Virginia.
Is Fairfield, VA a good place to live?
Pluses: median household income 22% higher than the Virginia median; home values 42% lower than the state median; an average commute of 27 minutes; a poverty rate of 2.1%.
What is the median age in Fairfield?
The median age in Fairfield is 42.5 years (Virginia: 39).
How long is the commute in Fairfield?
The average commute to work in Fairfield is 27 minutes; 20.4% of workers work from home.
What is the unemployment rate in Fairfield?
The unemployment rate in Fairfield is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairfield?
35% of adults in Fairfield have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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