Fairfax Station, VA

Very High · 226

Virginia · Population 12,298 · Updated March 2026

$2,737
Median Rent / Month
$212,128
Median Income
$863,400
Median Home Value
$3,017
Owner Costs / Month

Affordability

How far your income goes in Fairfax Station

15.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Virginia

State-level tax rates that affect your costs

5.75%
Income Tax (Top Rate)
5.3%
Sales Tax
0.8%
Property Tax Rate

Estimated Annual Costs

$32,844
Annual Rent
$12,197
State Income Tax
$6,907
Property Tax (est.)

Cost of Living Overview

Fairfax Station has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 226 (where 100 equals the national median), Fairfax Station residents can expect to pay median rent of $2,737/month while earning a median household income of $212,128/year.

The median home value in Fairfax Station, VA is $863,400, with typical monthly owner costs around $3,017 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Virginia has a moderate income tax rate of 5.75%. Combined with a 5.3% sales tax rate and 0.8% effective property tax rate, the overall tax environment is a factor in the total cost of living in Fairfax Station.

Frequently Asked Questions

Common questions about living costs in Fairfax Station

What is the cost of living in Fairfax Station, VA?
The cost of living index in Fairfax Station, VA is 226 (US average = 100). Median monthly rent is $2,737, median household income is $212,128/year, and the median home value is $863,400.
Is Fairfax Station, VA affordable?
No, Fairfax Station is more expensive than the national average with a cost index of 226. The rent-to-income ratio is 15.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fairfax Station, VA?
The median gross rent in Fairfax Station, VA is $2,737 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $32,844.
What is the median household income in Fairfax Station?
The median household income in Fairfax Station, VA is $212,128 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Virginia?
Virginia has a top income tax rate of 5.75%, a sales tax of 5.3%, and an effective property tax rate of 0.8%.