Fairfax city, Virginia: commercial real estate data.
Fairfax city, Virginia has a population of 25,026 across 6 square miles, up 9.1 percent since the 2020 census base. 2,028 establishments operate here, and the SBA record carries 114 7(a) approvals worth $49.8 m.
112 sourced county values · tier FULL · 10 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Fairfax city
How many people live in Fairfax city
- Population25,026
- Households9,155
- Average household size2.73
- Median household income$132,348
- Median age36.6
- Median gross rent$2,245 per month
- Median owner-occupied home value$722,600
- Home value to household income5.5 times
- Annual rent as a share of median income20.4 percent
- Adults 25 and over with a bachelor degree or higher62.4 percent
- Adults 25 and over with a graduate degree29.5 percent
- Adults 25 and over16,333
- Population under 186,210
- Share under 1824.8 percent
- Population 65 and over3,518
- Share 65 and over14.1 percent
- Working age population, 18 to 6415,298
- Civilian labor force13,708
- Unemployment rate3.3 percent
- Labor force participation, adults 18 and over72.9 percent
- Rank by population among Virginia independent cities72nd of 133
- Rank by population among US county-equivalents1664th
Fairfax city is the 72nd largest of 133 Virginia independent cities by population. A median home costs 5.5 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 24.8 percent against 14.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fairfax city
Is Fairfax city's population growing?
- Population change since the 2020 census base9.08 percent
- Census 2020 base population24,147
- Births, 2024553
- Deaths, 2024280
- Natural change, 2024273
- Net domestic migration, 202442
- Net international migration, 2024595
- Total net migration, 2024637
- Cumulative net domestic migration, 2021 to 2024-726
- Rank by growth among US county-equivalents181st
The county has grown 9.08 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fairfax city
Where are people moving to Fairfax city from?
- Tax returns filed by households arriving1,369
- People arriving, from those returns2,214
- Adjusted gross income arriving$134.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$98,549
- Largest single originFairfax city Non-migrants (9,374 households)
- Largest single destination (9,374 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fairfax city Non-migrants | 9,374 | 18,317 | $1.33 bn |
| Fairfax County | 698 | 1,180 | $65.5 m |
| Other flows - Different State | 306 | 482 | $35.1 m |
| Other flows - South | 142 | 220 | $19.6 m |
| Other flows - Same State | 93 | 138 | $5.5 m |
| Prince William County | 77 | 109 | $6.0 m |
| Other flows - West | 69 | 108 | $8.3 m |
| Other flows - Northeast | 66 | 101 | $5.3 m |
The largest single source of arrivals is Fairfax city Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Fairfax city
Largest employers in Fairfax city
- Covered employment, annual average24,181
- Establishments reporting1,798
- Average annual pay$70,382
- Average weekly wage$1,353
- Sector 62, employment3,980
- Sector 62, average annual pay$49,762
- Sector 54, employment3,428
- Sector 54, average annual pay$124,680
- Sector 44-45, employment3,214
- Sector 44-45, average annual pay$53,528
- Sector 72, employment3,032
- Sector 72, average annual pay$33,834
- Sector 56, employment1,666
- Sector 81, employment958
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 3,980 | 287 | $49,762 |
| Sector 54 | 3,428 | 438 | $124,680 |
| Sector 44-45 | 3,214 | 154 | $53,528 |
| Sector 72 | 3,032 | 147 | $33,834 |
| Sector 56 | 1,666 | 79 | $47,765 |
| Sector 81 | 958 | 181 | $51,627 |
| Sector 52 | 773 | 106 | $117,753 |
| Sector 71 | 595 | 30 | $25,304 |
The largest sector is the biggest private employer group at 3,980 jobs, 16.5 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Fairfax city
How many businesses are in Fairfax city?
- Establishments, all industries2,028
- Employment at those establishments26,981
- Annual payroll$1.72 bn
- Establishments per 1,000 residents81.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Fairfax city
Building permits in Fairfax city
- Housing units authorised by permit, 202471
- Declared construction value permitted$12.6 m
- Single family units authorised71
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$177,066
- Units authorised per 1,000 households7.8
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Fairfax city
SBA loans in Fairfax city (7(a) and 504)
- 7(a) approvals recorded114
- 7(a) gross approval dollars$49.8 m
- Average 7(a) approval$436,938
- Median 7(a) approval$224,500
- 10th percentile approval$45,000
- 90th percentile approval$980,000
- Largest single approval$4,800,000
- Jobs reported supported, 7(a)1,514
- Jobs per approval13.3
- Distinct 7(a) lenders active41
- Distinct industries receiving approvals54
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer9.6 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter95
- Franchise loans16
- Franchise share of approvals14.0 percent
- Leading industry by approval countFull-Service Restaurants (18)
- Most active lenderManufacturers and Traders Trust Company (20)
- 504 approvals recorded21
- 504 gross approval dollars$14.7 m
- Average 504 approval$701,048
- Median 504 approval$342,000
- Distinct CDCs active4
- 504 jobs per approval9.8
- 504 jobs per million dollars approved13.9
- Most active CDCBusiness Finance Group, Inc. (17)
- 7(a) share of SBA approvals84.4 percent
- Combined SBA approval dollars$64.5 m
The average approval of $436,938 sits well above the median of $224,500, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 9.6 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fairfax city
SBA loan default and charge-off rates in Fairfax city
Do SBA loans in Fairfax city get paid back?
- Loans with a final outcome recorded18
- Paid in full16
- Charged off2
- Charge off rate on resolved loans11.1 percent
- Status: Cancelled17
- Status: Exempt from disclosure73
- Status: Paid in full16
- Status: Charged off2
- Status: Committed, not yet disbursed6
Of the 18 loans that have reached a final outcome, 11.1 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fairfax city
SBA lending by place in Fairfax city
- Places in the county with recorded lending2
- FAIRFAX, approvals112
- ALEXANDRIA, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| FAIRFAX | 112 | $49,169,400 |
| ALEXANDRIA | 2 | $641,500 |
FAIRFAX accounts for 112 approvals against 2 in ALEXANDRIA. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fairfax city
How large is Fairfax city?
- Land area6 sq mi
- Rank by land area among Virginia independent cities129th of 133
- Width, east to west3.5 mi
- Height, north to south2.2 mi
- Geographies sharing a boundary1
- Residents per square mile of land4,171
- Establishments per square mile338.00
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Fairfax city site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Fairfax city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population25,026
- Households9,155
- Average household size2.73
- Median household income$132,348
- Median age36.6
Common questions
Fairfax city questions, answered from the record.
How many people live in Fairfax city, Virginia?
25,026, in 9,155 households, ranking 72nd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fairfax city's population growing?
The population has grown 9.08 percent since the 2020 census base. In 2024 there were 553 births against 280 deaths, with net migration of 637. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fairfax city?
$132,348. The median owner-occupied home is valued at $722,600, which is 5.5 times income, and median gross rent is $2,245 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Fairfax city?
2,028 establishments, employing 26,981 people with an annual payroll of $1.72 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Fairfax city?
Average annual pay is $70,382, or $1,353 a week, across 24,181 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fairfax city?
114 7(a) approvals totalling $49.8 m since FY2020, across 41 lenders, with a median approval of $224,500, plus 21 504 approvals worth $14.7 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Fairfax city get paid back?
Of the 18 loans that have reached a final outcome, 16 were paid in full and 2 charged off, a charge off rate of 11.1 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Fairfax city?
71 housing units were authorised by permit in 2024, with a declared construction value of $12.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fairfax city?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Fairfax city come from?
The largest single origin is Fairfax city Non-migrants, with 9,374 households. Arriving households report an average income of $98,549 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Fairfax city on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Fairfax city?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.