Fairfax city, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 38.85, -77.30.
Assembled 2026-10-06. Read the brief.
- 98th pct · 48th of 3,063 US counties · median $234,566
- 97th pct · 4th of 133 Virginia counties · median $307,999
- 86th pct · 4th of 23 counties in the Washington-Arlington-Alexandria metro · median $568,558
- 47th pct · 1,610th of 3,063 US counties · median +2.9%
- 44th pct · 74th of 133 Virginia counties · median +2.9%
- 68th pct · 8th of 23 counties in the Washington-Arlington-Alexandria metro · median +1.4%
- 94th pct · 71st of 1,399 US counties · median $1,496
- 96th pct · 4th of 79 Virginia counties · median $1,757
- 85th pct · 4th of 22 counties in the Washington-Arlington-Alexandria metro · median $2,260
- 75th pct · 794th of 3,221 US counties · median 8,232
- 77th pct · 31st of 133 Virginia counties · median 9,944
- 45th pct · 13th of 23 counties in the Washington-Arlington-Alexandria metro · median 38,075
- 87th pct · 413th of 3,221 US counties · median $1,039
- 85th pct · 20th of 133 Virginia counties · median $1,048
- 50th pct · 12th of 23 counties in the Washington-Arlington-Alexandria metro · median $1,341
- 98th pct · 52nd of 3,063 US counties · median 4.3
- 98th pct · 3rd of 133 Virginia counties · median 5.4
- 90th pct · 3rd of 23 counties in the Washington-Arlington-Alexandria metro · median 7.1
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $775,946 (Aug 2026), +2.7% over one year, +20.7% over five
- 98th pct · 48th of 3,063 US counties · median $234,566
- 97th pct · 4th of 133 Virginia counties · median $307,999
- 86th pct · 4th of 23 counties in the Washington-Arlington-Alexandria metro · median $568,558
| Item | Value | Distance |
|---|---|---|
| Fairfax city, VA | $775,946 · +2.7% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $2,562/mo (Aug 2026), +0.5% over one year; price-to-rent 25.2
- 94th pct · 71st of 1,399 US counties · median $1,496
- 96th pct · 4th of 79 Virginia counties · median $1,757
- 85th pct · 4th of 22 counties in the Washington-Arlington-Alexandria metro · median $2,260
| Item | Value | Distance |
|---|---|---|
| Fairfax city, VA | $2,562/mo · +0.5% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $4,247 a month on $775,946 at 7.28%, against an average weekly wage worth $5,811 a month: 73.1% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $775,946 × 80% = $620,757, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $4,247/mo principal and interest
- wage share = payment / (avg weekly wage $1,341 × 52 / 12 = $5,811) = 73% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $775,946 / ($1,341 × 52) = 11.1
- price-to-rent = $775,946 / ($2,562 × 12) = 25.2
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
25,490 jobs at 1,840 employers (2026 Q1); +1.6% jobs and +0.8% average weekly wage over the year
- 75th pct · 794th of 3,221 US counties · median 8,232
- 77th pct · 31st of 133 Virginia counties · median 9,944
- 45th pct · 13th of 23 counties in the Washington-Arlington-Alexandria metro · median 38,075
| Item | Value | Distance |
|---|---|---|
| Fairfax city, VA | 25,490 jobs · $1,341/wk · +1.6% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 4,788 | $881 | 1.25 | +5.1% |
| Accommodation and food services | 3,575 | $708 | 1.56 | +11.4% |
| Professional and technical services | 3,404 | $2,479 | 1.94 | -4.5% |
| Retail trade | 3,102 | $1,101 | 1.25 | -3.4% |
| Administrative and waste services | 1,990 | $912 | 1.37 | +3.4% |
| Other services | 903 | $1,027 | 1.19 | -2.0% |
| Finance and insurance | 877 | $3,186 | 0.84 | +3.5% |
| Arts, entertainment and recreation | 600 | $493 | 1.43 | -1.3% |
| Educational services | 358 | $708 | 0.65 | -4.8% |
| Real estate and rental | 210 | $1,464 | 0.54 | -10.6% |
| Management of companies | 198 | $2,280 | 0.46 | +1.0% |
| Wholesale trade | 184 | $1,754 | 0.19 | +17.9% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
No drought class at this point (USDM covers the United States only)
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$5.8 bn in deposits at 15 offices of 12 banks (SOD June 2026); HHI 1,732, moderately concentrated. $861.7 m federal obligations in FY2026 (direct payments $546.4 m, contracts $288.4 m), $33,805 per covered job
| Item | Value | Distance |
|---|---|---|
| Truist Bank | $1.9 bn · 32.7% share · 1 office | |
| Bank of America, National Association | $901.7 m · 15.6% share · 2 offices | |
| MainStreet Bank | $755.4 m · 13.1% share · 1 office | |
| Fairfax (City), VA | $861.7 m FY2026 · $33,805/job | |
| MULTIPLE RECIPIENTS | $546.4 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Truist Bank | $1,882,279,000 | 32.7% | 1 |
| Bank of America, National Association | $901,677,000 | 15.6% | 2 |
| MainStreet Bank | $755,353,000 | 13.1% | 1 |
| The Freedom Bank of Virginia | $612,100,000 | 10.6% | 1 |
| EagleBank | $393,346,000 | 6.8% | 1 |
| United Bank | $334,491,000 | 5.8% | 2 |
| TD Bank, National Association | $252,075,000 | 4.4% | 1 |
| Atlantic Union Bank | $239,869,000 | 4.2% | 1 |
| Wells Fargo Bank, National Association | $235,182,000 | 4.1% | 1 |
| PNC Bank, National Association | $78,187,000 | 1.4% | 1 |
Deposit concentration is 1,732 across 12 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 12 banks with deposits in the county = 32.7² + 15.6² + 13.1² + … (9 more) = 1,732
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Department of Health and Human Services | $414,936,123 |
| Department of Defense | $145,197,110 |
| Social Security Administration | $108,618,617 |
| Department of Veterans Affairs | $80,737,101 |
| Department of Homeland Security | $59,806,760 |
| Department of Transportation | $22,155,841 |
| Department of Justice | $6,243,756 |
| Department of Housing and Urban Development | $4,938,593 |
| National Aeronautics and Space Administration | $4,394,807 |
| Department of the Treasury | $4,313,103 |
| Department of Education | $3,035,409 |
| General Services Administration | $2,659,615 |
That is $33,805 per covered job, against 25,490 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $861.7 m / 25,490 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $33,805
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Fairfax city, VA: 15 findings, 4 at a watch level and 11 noted
watchFairfax city, VA's years of wages of 11.1 ranks 52nd of 3,063 US counties, a watch level here: years of wages in the top tenth of US counties (position among the counties that published both a ZHVI value and a QCEW average weekly wage; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: yearsOfWages percentile = 98.33442194644023 >= 90
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the counties that published both a ZHVI value and a QCEW average weekly wage; not an official level
watchFairfax city, VA's price-to-rent ratio of 25.2 ranks 80th of 1,399 US counties, a watch level here: price-to-rent in the top tenth of US counties (position among the counties that published both ZHVI and ZORI this month; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: priceToRent percentile = 94.34907010014307 >= 90
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the counties that published both ZHVI and ZORI this month; not an official level
watchFairfax city, VA's years of wages is 11.1, a watch level here: typical home value worth 10 or more years of one average covered wage (typical home value / (average weekly wage × 52), one average covered job rather than a household; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: yearsOfWages = 11.127552114001144 >= 10
- typical home value / (average weekly wage × 52); one average covered job, not a household
typical home value / (average weekly wage × 52), one average covered job rather than a household; convention chosen for this dashboard, not an official level
watchFairfax city, VA's price-to-rent ratio is 25.2, a watch level here: typical home value worth 25 or more years of typical rent (typical home value / (typical rent × 12), Zillow ZHVI over ZORI, same month; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: priceToRent = 25.238040636841596 >= 25
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
typical home value / (typical rent × 12), Zillow ZHVI over ZORI, same month; convention chosen for this dashboard, not an official level
noteFairfax city, VA's covered employment was 1.6% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +1.6 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
Read all 12 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.