Fuquay-Varina, NC
Population 37,749 · North Carolina
About Fuquay-Varina, NC
Fuquay-Varina is a mid-sized city located in North Carolina with a population of 37,749 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,447 per year, which is 48% above the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Fuquay-Varina features a median home value of $410,600, which is 68% above the national median of $244,900. This places Fuquay-Varina in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,646, 42% above the national average of $1,163/month. Of the 14,124 total housing units, 74% are owner-occupied (10,021 units) and 26% are renter-occupied (3,456 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fuquay-Varina shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fuquay-Varina have an average one-way commute time of 31.9 minutes.
Education & Demographics
52.9% of Fuquay-Varina residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.0% White, 1.8% Hispanic or Latino, 2.1% Black or African American, and 2.5% Asian residents, with 6.9% of the population being foreign-born.
How Fuquay-Varina Ranks in North Carolina
Cost of Living in Fuquay-Varina, NC
Compared to national averages, Fuquay-Varina has a median household income of $111,447 (48% above the national median of $75,149). Home values average $410,600, which is 68% above the national median. Monthly rent at $1,646 is 42% above the US average of $1,163. Within North Carolina, Fuquay-Varina's income is 73% above the state average of $64,468, and home values are 79% above the state median of $228,922.
Why Live in Fuquay-Varina, NC?
Fuquay-Varina offers a strong local economy with a median household income of $111,447, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 52.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $410,600. However, Fuquay-Varina’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fuquay-Varina has a population of 37,749 with a median age of 36.3 years. Compare Fuquay-Varina with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Fuquay-Varina
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Salisbury | 35,730 | $51,058 | $215,200 | Compare |
| Monroe | 35,596 | $67,265 | $270,600 | Compare |
| Indian Trail | 41,146 | $99,073 | $343,500 | Compare |
| Goldsboro | 33,448 | $47,005 | $173,700 | Compare |
| Garner | 32,543 | $77,496 | $320,300 | Compare |
| Holly Springs | 43,429 | $132,435 | $485,500 | Compare |
| Cornelius | 32,009 | $114,688 | $512,400 | Compare |
| Hickory | 43,747 | $63,361 | $248,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fuquay-Varina With Other Cities
Frequently Asked Questions about Fuquay-Varina
What is the population of Fuquay-Varina, NC?
The population of Fuquay-Varina, NC is 37,749 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in North Carolina.
What is the median household income in Fuquay-Varina?
The median household income in Fuquay-Varina, NC is $111,447 per year, which is 48% above the national median of $75,149.
What is the median home value in Fuquay-Varina?
The median home value in Fuquay-Varina, NC is $410,600, which is 68% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fuquay-Varina?
The median monthly rent in Fuquay-Varina, NC is $1,646, which is 42% above the national average of $1,163/month.
What is the unemployment rate in Fuquay-Varina?
The unemployment rate in Fuquay-Varina, NC is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fuquay-Varina, NC a good place to live?
Fuquay-Varina offers above-average incomes, a competitive housing market, and a strong job market. With a population of 37,749 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Fuquay-Varina, NC?
52.9% of residents in Fuquay-Varina aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Fuquay-Varina?
Key cost-of-living indicators for Fuquay-Varina, NC: median home value is $410,600 (68% above national), median rent is $1,646/month, and median household income is $111,447. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Fuquay-Varina?
The poverty rate in Fuquay-Varina, NC is 8.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fuquay-Varina, NC?
Fuquay-Varina's population is 3.0% White, 1.8% Hispanic or Latino, 2.1% Black or African American, 2.5% Asian, and 15.2% two or more races. 6.9% of residents are foreign-born.