Fairfield, VA
Population 477 · Virginia
About Fairfield, VA
Fairfield is a small community located in Virginia with a population of 477 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,354 per year, which is 22% above the national median of $75,149. The median age of 42.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fairfield features a median home value of $210,600, which is 14% below the national median of $244,900. This positions Fairfield in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 340 total housing units, 100% are owner-occupied (199 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fairfield shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fairfield have an average one-way commute time of 27.3 minutes.
Education & Demographics
35.3% of Fairfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Fairfield, VA
Compared to national averages, Fairfield has a median household income of $91,354 (22% above the national median of $75,149). Home values average $210,600, which is 14% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Fairfield's income is 4% above the state average of $87,957, and home values are 36% below the state median of $327,514.
Why Live in Fairfield, VA?
Fairfield offers a strong local economy with a median household income of $91,354, well above the national average, and affordable housing with a median home value of $210,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 35.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.7%, better than the national average.
Fairfield has a population of 477 with a median age of 42.7 years. Compare Fairfield with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Fairfield
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Drakes Branch | 475 | $19,620 | $119,100 | Compare |
| Horntown | 479 | $0 | $138,000 | Compare |
| Stanardsville | 473 | $63,594 | $258,900 | Compare |
| Boykins | 484 | $57,917 | $165,600 | Compare |
| Sandy Level | 466 | $41,349 | $0 | Compare |
| Scottsville | 488 | $46,563 | $242,600 | Compare |
| Burkeville | 489 | $53,542 | $90,700 | Compare |
| Shipman | 489 | $45,982 | $237,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fairfield
What is the population of Fairfield, VA?
The population of Fairfield, VA is 477 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Virginia.
What is the median household income in Fairfield?
The median household income in Fairfield, VA is $91,354 per year, which is 22% above the national median of $75,149.
What is the median home value in Fairfield?
The median home value in Fairfield, VA is $210,600, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fairfield?
The median monthly rent in Fairfield, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Fairfield?
The unemployment rate in Fairfield, VA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fairfield, VA a good place to live?
Fairfield offers above-average incomes, affordable housing, and a strong job market. With a population of 477 and a median age of 42.7, the city appeals to a broad range of residents.
How educated is Fairfield, VA?
35.3% of residents in Fairfield 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 Fairfield?
Key cost-of-living indicators for Fairfield, VA: median home value is $210,600 (14% below national), median rent is $0/month, and median household income is $91,354. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fairfield?
The poverty rate in Fairfield, VA is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fairfield, VA?
Fairfield's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.3% of residents are foreign-born.