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.
Telecommuters are a relatively large percentage of the workforce: 21.37% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Fuquay-Varina is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Fuquay-Varina’s overall crime rate is lower than average for the country.
In Fuquay-Varina, however, the average commute to work is quite long. On average, people spend 32.26 minutes each day getting to work, which is significantly higher than the national average.
Fuquay-Varina is one of the most well-educated cities in the nation. 49.94% of adults in Fuquay-Varina have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
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.