Fuquay-Varina is a medium-sized town located in the state of North Carolina. With a population of 40,810 people and 11 associated neighborhoods, Fuquay-Varina is the 29th largest community in North Carolina. Much of the housing stock in Fuquay-Varina was built relatively recently. The construction of new real estate can often be taken as an indication that the local Fuquay-Varina economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Fuquay-Varina, where the median household income is $94,142.00.
Fuquay-Varina real estate is some of the most expensive in North Carolina, although Fuquay-Varina house values don't compare to the most expensive real estate in the U.S.
Of important note, Fuquay-Varina is also a town of artists. Fuquay-Varina has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Fuquay-Varina’s character.
Also of interest is that Fuquay-Varina has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.37% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Fuquay-Varina is a great place for families with children to consider. First of all, many other families with children live here, making Fuquay-Varina a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Fuquay-Varina has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Fuquay-Varina’s overall crime rate is lower than average for the country.
One downside of living in Fuquay-Varina is that it can take a long time to commute to work. In Fuquay-Varina, the average commute to work is 32.26 minutes, which is quite a bit higher than the national average.
The education level of Fuquay-Varina ranks among the highest in the nation. Of the 25-and-older adult population in Fuquay-Varina, 49.94% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Fuquay-Varina in 2022 was $39,817, which is wealthy relative to North Carolina, and upper middle income relative to the rest of the US. This equates to an annual income of $159,268 for a family of four. However, Fuquay-Varina contains both very wealthy and poor people as well.
Fuquay-Varina is a very ethnically-diverse town. The people who call Fuquay-Varina home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fuquay-Varina residents report their race to be White, followed by Black or African-American. Important ancestries of people in Fuquay-Varina include German, English, Irish, Italian, and Scottish.
The most common language spoken in Fuquay-Varina is English. Other important languages spoken here include Spanish and Portuguese.