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Fairlawn, VA Profile: Facts & Data

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Fairlawn, Virginia - Basic Facts

The Fairlawn Census Designated Place had a population of 2,529 as of July 1, 2020. Fairlawn ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Virginia. See peer rankings below.

The primary coordinate point for Fairlawn is located at latitude 37.1485 and longitude -80.5784 in Pulaski County. The formal boundaries for the Fairlawn Census Designated Place encompass a land area of 3.15 sq. miles and a water area of 0.28 sq. miles. Pulaski County is in the Eastern time zone (GMT -5). The elevation is 1,919 feet.

The Fairlawn Census Designated Place (GNIS ID: 2389061) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.


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Fairlawn, VA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,529 (100%)
Population in Households 2,529 (100.0%)
Population in Families 1,993 (78.8%)
Population in Group Quarters1 0
Population Density 804
Diversity Index2 20
 
 

INCOME

Median Household Income $62,409
Average Household Income $82,117
% of Income for Mortgage4 12%
Per Capita Income $36,948
Wealth Index5 96
 

HOUSING

Total HU (Housing Units) 1,228 (100%)
Owner Occupied HU 855 (69.6%)
Renter Occupied HU 292 (23.8%)
Vacant Housing Units 81 ( 6.6%)
Median Home Value $182,413
Average Home Value $233,772
Housing Affordability Index3 202
 

HOUSEHOLDS

Total Households 1,147
Average Household Size 2.2
Family Households 723
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.65% 0.09%
Households 0.6% 0.05%
Families 0.69% -0.03%
Median Household Income   0.54%
Per Capita Income   1.29%
Owner Occupied HU   0.09%

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Fairlawn, VA - Peer Comparisons by Rank and Percentile

The table below compares Fairlawn to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 249 58th
Population Density # 282 53rd
Median Household Income # 221 63rd
Housing Affordability Index # 436 74th
Per Capita Income # 173 71st
Diversity Index # 480 19th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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