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Fauquier County, VA

RANK #403 / 1001 NAT  ·  #10 / 37 VA  ·  POP 74,577

1YR FORECAST: +1.5%

5YR OUTLOOK: +30%

#45 Most Overvalued
Fauquier County's housing market is projected to grow +1.5% over the next year, tracking near the national average.

[01] Why Fauquier County?

Known as "Horse and Wine Country," Fauquier County, Virginia, is characterized by its scenic landscapes, including rolling hills and farmlands at the foothills of the Blue Ridge Mountains. Located approximately 40 miles southwest of Washington, D.C., the county offers a blend of rural tranquility and accessibility to urban centers. Towns like Warrenton, the county seat, provide a close-knit community feel with historic charm. Outdoor recreation opportunities are plentiful, with parks, hiking trails, rivers for fishing and paddling, and areas for horseback riding.

Life in Fauquier County offers a quieter pace, attracting families, retirees, and remote workers seeking more space and a strong sense of community. The public school system is above average, with institutions like Kettle Run High School and Greenville Elementary performing well. The local economy is supported by a growing tourism sector, particularly its wineries and equestrian events, and has seen recent investment in technology and energy infrastructure. Commute options to nearby cities include carpooling, vanpooling, and park-and-ride lots, with direct highway access to I-66 and Route 29.

MARKET PROFILE

Educated Suburban Growth

Fauquier County is one of 110 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +3.3% runs above the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
26.3x

Overvalued relative to economy

Home Prices
+3.3%

Outpacing national median

Climate & Terrain
-1.5

Below-average climate & terrain

Price/Rent
22x

Prices detached from rents

Housing looks overvalued at 26.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Fauquier County School Board Education
    2,500+
  2. 2
    Fauquier County Government Government
  3. 3
    Fauquier Health System Healthcare
    500+
  4. 4
    Ross Industries Manufacturing
    100+
  5. 5
    Pepsi-Cola Bottling Company Logistics
  6. 6
    The Arlie Foundation Hospitality
  7. 7
    Walmart Retail
  8. 8
    CHEMetrics Manufacturing
    50
  9. 9
    SMITH-MIDLAND Corporation Manufacturing
  10. 10
    Command Technologies, Inc. Technology

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Fauquier County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
74,577
+0.87% YoY
Median Household Income
$130,189
Median Home Value
$573,700
+3.26% 12mo
Median Rent
$1,613
Average Annual Pay
$68,000
+4.0% YoY
Employment
23,910
+0.4% YoY
Income-to-Home-Value
0.2269
Near national average
Migration Inflow
4.07%
of pop. from another state
Bachelor's Degree+
41.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$681,250
Days on Market
40
Moderate pace
Months of Supply
2.7
Seller's market
Sale-to-List Ratio
100.3%
Homes selling above asking
Sold Above List
37.3%
Listings w/ Price Drops
25.5%
Building Permits (2025)
417
Single-Family Permits
417

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.8
per 100K · nat avg 6.3
Firearm Fatalities
11.3
per 100K · nat avg 14.8
Injury Deaths
73.3
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
35.7
Good
Good Air Days
95%
686 of 723 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
34
2022
34
2023
39
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,975M
TOTAL
PROJECT AMOUNT STATUS
Gigaland Data Center Complex
Undisclosed (proposed by Gigaland)
$1,000M Proposed
Remington Technology Park Data Center Campus
Undisclosed
$500M Under Construction
AWS Warrenton Data Center
Amazon Web Services (AWS)
$200M Planned
Fitch Solar Project
AES
$125M Planned
Remington Battery Energy Storage System (BESS)
Dominion Energy
$100M Planned
Warrenton Village Center Mixed-Use Development
Undisclosed
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.9% 62 percentile
Income Growth +0.5% 11 percentile
Vacancy Rate 0.6% 84 percentile
Home Price Change +3.3% 70 percentile
Rent Growth +4.9% 77 percentile
Price/Rent 22x 9 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Fauquier County, VA a good place to move to?

Fauquier County scores 59/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#403). Median household income is $130,189 and job growth is running at +0.4%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Fauquier County affordable?

Fauquier County leans toward the expensive side. A median home value of $573,700 against an income-to-home-value ratio of 0.23 means housing eats a bigger share of local earnings than the national norm. Renters face $1,613/month on average.

Is Fauquier County growing or shrinking?

Fauquier County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of +0.4%). Home values shifted +3.3% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Fauquier County?

There's a moderate stream of newcomers. About 4.07% of residents moved from another state, which is above average and suggests Fauquier County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Hampton city, VA 59 Roanoke County, VA 58 Newport News city, VA 56 Hanover County, VA 52 Harrisonburg city, VA 68 Washington County, VA 74 Cayuga County, NY 59 Creek County, OK 58