Fair Lakes SnackAbility
Overall SnackAbility
Cost of living in Fair Lakes summary. We use data on the cost of living to determine how expensive it is to live in Fair Lakes. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:
The cost of living in Fair Lakes is 154 with 100 being average.
The cost of living in Fair Lakes is 1.5x higher than the national average.
The median home value in Fair Lakes is $632,299.
The median income in Fair Lakes is $127,332.
Fair Lakes's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Fair Lakes Comparison Table
| Living Expense | Fair Lakes | Virginia | National Average |
|---|---|---|---|
| Overall | 154 | 112 | 100 |
| Services | 103 | 103 | 100 |
| Groceries | 102 | 104 | 100 |
| Health | 267 | 131 | 100 |
| Housing | 104 | 105 | 100 |
| Transportation | 104 | 105 | 100 |
| Utilities | 104 | 104 | 100 |
Source: Cost of living index, normalized to US average = 100
Fair Lakes, VA Weather
The average high in Fair Lakes is 66.1° and the average low is 45.8°.
There are 74.7 days of precipitation each year.
Expect an average of 42.0 inches of precipitation each year with 18.9 inches of snow.
| Stat | Fair Lakes |
|---|---|
| Average Annual High | 66.1 |
| Average Annual Low | 45.8 |
| Annual Precipitation Days | 74.7 |
| Average Annual Precipitation | 42.0 |
| Average Annual Snowfall | 18.9 |
Average High
Days of Rain
Source: NOAA climate normals (30-year)
Rankings & Articles For Fair Lakes
Locations Around Fair Lakes
Map Of Fair Lakes, VA
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Fair Lakes Demographics And Statistics
Population over time in Fair Lakes
The current population in Fair Lakes is 8,894. The population has increased 11.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 8,894 | 3.2% |
| 2023 | 8,617 | -3.4% |
| 2022 | 8,918 | 2.6% |
| 2021 | 8,689 | 3.5% |
| 2020 | 8,398 | -0.0% |
| 2019 | 8,399 | 1.0% |
| 2018 | 8,314 | 3.1% |
| 2017 | 8,066 | 3.0% |
| 2016 | 7,829 | 1.4% |
| 2015 | 7,721 | 4.8% |
| 2014 | 7,368 | -1.5% |
| 2013 | 7,480 | -1.0% |
| 2012 | 7,559 | -4.0% |
| 2011 | 7,875 | -1.1% |
| 2010 | 7,960 | - |
Race / Ethnicity in Fair Lakes
See the full breakdown
Fair Lakes is:
35.7% White with 3,172 White residents.
7.2% African American with 639 African American residents.
1.4% American Indian with 123 American Indian residents.
39.6% Asian with 3,523 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
2.9% Other with 254 Other residents.
5.4% Two Or More with 483 Two Or More residents.
7.9% Hispanic with 700 Hispanic residents.
| Race | Fair Lakes | VA | USA |
|---|---|---|---|
| White | 35.7% | 58.4% | 57.4% |
| African American | 7.2% | 18.3% | 11.9% |
| American Indian | 1.4% | 0.1% | 0.5% |
| Asian | 39.6% | 6.9% | 5.9% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 2.9% | 0.6% | 0.6% |
| Two Or More | 5.4% | 4.7% | 4.3% |
| Hispanic | 7.9% | 11.0% | 19.3% |
Gender in Fair Lakes
See the full breakdown
Fair Lakes is 49.0% female with 4,354 female residents.
Fair Lakes is 51.0% male with 4,540 male residents.
| Gender | Fair Lakes | VA | USA |
|---|---|---|---|
| Female | 49.0% | 50.6% | 50.5% |
| Male | 51.0% | 49.4% | 49.5% |
Highest level of educational attainment in Fair Lakes for adults over 25
See the full breakdown
3.0% of adults in Fair Lakes completed < 9th grade.
3.0% of adults in Fair Lakes completed 9-12th grade.
11.0% of adults in Fair Lakes completed high school / ged.
10.0% of adults in Fair Lakes completed some college.
7.0% of adults in Fair Lakes completed associate's degree.
35.0% of adults in Fair Lakes completed bachelor's degree.
25.0% of adults in Fair Lakes completed master's degree.
3.0% of adults in Fair Lakes completed professional degree.
3.0% of adults in Fair Lakes completed doctorate degree.
| Education | Fair Lakes | VA | USA |
|---|---|---|---|
| < 9th Grade | 3.0% | 2.0% | 4.0% |
| 9-12th Grade | 3.0% | 5.0% | 6.0% |
| High School / GED | 11.0% | 24.0% | 26.0% |
| Some College | 10.0% | 18.0% | 19.0% |
| Associate's Degree | 7.0% | 8.0% | 9.0% |
| Bachelor's Degree | 35.0% | 24.0% | 22.0% |
| Master's Degree | 25.0% | 14.0% | 10.0% |
| Professional Degree | 3.0% | 3.0% | 2.0% |
| Doctorate Degree | 3.0% | 2.0% | 2.0% |
Household Income For Fair Lakes, Virginia
See the full breakdown
2.4% of households in Fair Lakes earn Less than $10,000.
3.0% of households in Fair Lakes earn $10,000 to $14,999.
2.2% of households in Fair Lakes earn $15,000 to $24,999.
1.0% of households in Fair Lakes earn $25,000 to $34,999.
2.9% of households in Fair Lakes earn $35,000 to $49,999.
8.7% of households in Fair Lakes earn $50,000 to $74,999.
15.8% of households in Fair Lakes earn $75,000 to $99,999.
20.9% of households in Fair Lakes earn $100,000 to $149,999.
16.6% of households in Fair Lakes earn $150,000 to $199,999.
26.5% of households in Fair Lakes earn $200,000 or more.
| Income | Fair Lakes | VA | USA |
|---|---|---|---|
| Less than $10,000 | 2.4% | 4.2% | 5.0% |
| $10,000 to $14,999 | 3.0% | 2.7% | 3.4% |
| $15,000 to $24,999 | 2.2% | 5.2% | 6.3% |
| $25,000 to $34,999 | 1.0% | 5.7% | 6.6% |
| $35,000 to $49,999 | 2.9% | 8.8% | 10.1% |
| $50,000 to $74,999 | 8.7% | 14.3% | 15.5% |
| $75,000 to $99,999 | 15.8% | 12.1% | 12.6% |
| $100,000 to $149,999 | 20.9% | 18.1% | 17.5% |
| $150,000 to $199,999 | 16.6% | 11.1% | 9.6% |
| $200,000 or more | 26.5% | 17.7% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
