HomeVirginiaFairfax CountyGreat Falls
Great Falls, Virginia: commercial real estate data.
Great Falls is a Census CDP of 15,228 people across 25.36 square miles of land, in Fairfax County. Median household income is $250,001, 95.0 percent of occupied homes are owned, and the SBA record carries 27 7(a) approvals to borrowers here worth $17.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Great Falls
What Great Falls is
- Census place typeCDP
- Land area25.36 sq mi
- Water area0.24 sq mi
- Population per square mile of land601
- County holding the largest share of its areaFairfax County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Great Falls
How many people live in Great Falls
- Population15,228
- Median age45.7
- Population under 184,009
- Share under 1826.3 percent
- Population 65 and over2,763
- Share 65 and over18.1 percent
- Households4,970
- Family households4,388
- Share of households that are families88.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Great Falls
Income and work in Great Falls
- Median household income$250,001
- Per capita income$131,942
- Civilian labor force7,301
- Employed7,074
- Unemployed227 plus or minus 98
- Unemployment rate3.1 percent plus or minus 1.3
- Adults 25 and over10,363
- Adults 25 and over with a high school diploma or higher99.0 percent
- Adults 25 and over with a bachelor degree or higher85.3 percent
- Adults 25 and over with a graduate degree51.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Great Falls
Housing in Great Falls
- Housing units5,100
- Occupied units4,970
- Vacant units130 plus or minus 68
- Vacancy rate2.5 percent plus or minus 1.3
- Owner occupied4,723
- Renter occupied247 plus or minus 119
- Ownership rate95.0 percent
- Median owner-occupied home value$1,411,000
- Median gross rent, monthly$3,501
- Annual rent as a share of median income16.8 percent
- Single family units5,074
- Share single family99.5 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes26 plus or minus 23
- Median year structure built1985
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Great Falls
How Great Falls gets to work
- Workers 16 and over who commute3,945
- Commuting under 15 minutes370 plus or minus 114
- Share commuting under 15 minutes9.4 percent plus or minus 2.8
- Commuting 30 minutes or more2,155
- Share commuting 30 minutes or more54.6 percent
- Drove alone47.8 percent
- Carpooled3.2 percent plus or minus 1.3
- Public transport2.1 percent plus or minus 1.1
- Walked0.7 percent plus or minus 0.5
- Worked from home44.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Great Falls
SBA loans in Great Falls (7(a))
- Approvals27
- Gross approval$17,342,000
- Average approval$642,296
- Median approval$350,000
- Ninetieth percentile approval$1,429,820
- Largest approval$5,000,000
- Jobs supported521
- Jobs per approval19.3
- Loans with a final outcome8
- Paid in full8
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.8 percent
- Share to franchises7.4 percent
- Distinct lenders16
- Distinct industries by NAICS22
Counted by borrower city: approvals to borrowers whose address is in Great Falls, in any county, FY2020 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Great Falls
SBA loans in Great Falls (504)
- Approvals4
- Gross approval$1,007,000
- Average approval$251,750
- Median approval$184,000
- Largest approval$488,000
- Jobs supported38
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Great Falls, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fairfax County, not Great Falls
Fairfax County context, not Great Falls figures
- Establishments in Fairfax County31,931
- Covered employment, Fairfax County636,430
- Average annual pay, Fairfax County$114,100
- Housing units permitted, Fairfax County2,861
Every figure in this section is published for Fairfax County as a whole and is not a measurement of Great Falls.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Great Falls questions, answered from the record.
How many people live in Great Falls, Virginia?
15,228, in 4,970 households. Great Falls CDP covers 25.36 square miles of land, which is 601 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Great Falls in?
Fairfax County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Great Falls?
$250,001. The median owner-occupied home is valued at $1,411,000. Median gross rent is $3,501 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Great Falls businesses?
27 7(a) approvals totaling $17.3 m since FY2020, across 16 lenders, median approval $350,000, plus 4 504 approvals worth $1.0 m since FY2010. These count approvals to borrowers whose address is in Great Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Great Falls borrowers get paid back?
No rate is published for Great Falls. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Great Falls figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fairfax County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Great Falls.
Is zoning published for Great Falls?
No. Nothing on this page presents parcel level zoning.