Fairfax Station, VA Economy


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Fairfax Station, VA is a great city for those looking for a reasonable cost of living. The average rent for a two bedroom apartment in Fairfax Station is $2,400, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Fairfax Station is 116 versus 100 in the US. Residents can find plenty of amenities and attractions to enjoy as well. There are numerous local businesses such as Candlewood Valley Country Club, South Riding Golf Club and Trak Shak which offer great options for dining and leisure activities. Additionally, there are several tech companies such as Aspera Technologies and Mobius Networks that provide local employment opportunities to area residents.

Fairfax Station has an unemployment rate of 4.6%. The US average is 6.0%.

Fairfax Station has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Fairfax Station
- The Sales Tax Rate for Fairfax Station is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfax Station is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fairfax Station
- The average income of a Fairfax Station resident is $67,357 a year. The US average is $28,555 a year.
- The Median household income of a Fairfax Station resident is $190,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfax Station, VirginiaUnited States
  4.66
  -5.3%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $74,236$37,638
  $190,139$69,021
  $199,167$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.7%6.8%
  1.7%10.0%
  1.3%2.5%
  8.5%11.0%
  1.8%4.8%
  0.4%0.8%
  2.7%1.9%
  4.4%4.7%
  3.8%1.9%
  25.4%7.6%
  0.3%0.1%
  2.8%4.2%
  11.0%9.3%
  9.2%14.0%
  3.7%2.1%
  4.2%7.0%
  3.6%4.8%
  11.4%4.7%
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