Is Fair Oaks, Virginia a Good Place To Live? - Living In Fair Oaks, VA

Is Fair Oaks, Virginia a good place to live?
Fair Oaks is a city in Virginia state in USA with a population of 34466 residents.. The poverty rate of Fair Oaks is 5.4%, which is 61% lower than national average. The typical household in Fair Oaks earns $112281 a year, compared to the national median of $67,500. Nearly 17.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Fair Oaks, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fair Oaks remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fair Oaks, only 68% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Fair Oaks is 147, which is 47% higher than national average. Median home value in Fair Oaks is $468300 , which is 104% higher than national average. While median income in Fair Oaks remained $112281, which is 66% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
34466
Unemployment
3.6%
23% NAT AVG.
Poverty
5.4%
61% NAT AVG.
Overall Score
7.5
Median Home Cost
$468300
104% NAT AVG.
Median Income
$112281
66% NAT AVG.
Median Rent
$1945
68% NAT AVG.
Cost Of Living
147
47% NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 28
People Earning < $10,000
1 in 29
People Earning < $50,000
17.4%
People with <= High School
1 in 7.7
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs85%

Housing95%

Affordability50%

Safety95%

Amenities95%

Diversity95%

Education95%

Commute40%