24 / 100

Fauquier County, VA

Scott

RANK #754 / 996 NAT  ·  #24 / 37 VA  ·  POP 73,290

1YR FORECAST: +1.0%

5YR OUTLOOK: +17%

#28 Most Overvalued
Our model projects Fauquier County's housing market at +1.0% over the next year, underperforming most U.S. counties.

[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.

[02] Market Snapshot

Housing Ratio
11.4x

Overvalued relative to economy

GDP Growth
+6.0%

Well above national median

Home Prices
+3.7%

Outpacing national median

Climate & Terrain
-1.5

Below-average climate & terrain

Price/Rent
20x

Above national median (13x)

Housing looks overvalued at 11.4x — 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

The Numbers

DEMOGRAPHICS
Population
73,290
+1.21% YoY
Median Household Income
$122,785
Median Home Value
$501,200
+3.74% 12mo
Median Rent
$1,468
Average Annual Pay
$65,376
+3.9% YoY
Employment
23,810
+3.8% YoY
Income-to-Home-Value
0.245
Near national average
Migration Inflow
4.52%
of pop. from another state
Bachelor's Degree+
39.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$730,000
Days on Market
60
Slower market
Months of Supply
3.9
Balanced market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
32.7%
Listings w/ Price Drops
8.9%
Building Permits (2024)
286
Single-Family Permits
286

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

GDP Growth +6.0% 90 percentile
Population Growth +1.2% 77 percentile
Income Growth +10.2% 83 percentile
Vacancy Rate 0.7% 86 percentile
Home Price Change +3.7% 80 percentile
Rent Growth -1.6% 3 percentile
Price/Rent 20x 9 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

At 24/100, Fauquier County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $122,785 combined with job growth of +3.8% suggests the local economy is struggling to keep pace with national trends.

Is Fauquier County affordable?

Fauquier County leans toward the expensive side. A median home value of $501,200 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $1,468/month on average.

Is Fauquier County growing or shrinking?

Fauquier County is growing on multiple fronts. Population is up +1.2% year-over-year while employers added jobs at a +3.8% clip — and home values reflect that momentum, rising +3.7% over the past 12 months.

Are people moving to Fauquier County?

There's a moderate stream of newcomers. About 4.52% 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

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