Area Snapshot
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People This section examines demographic trends in the CTP Planning Area including an assessment of population makeup, growth, prosperity, education, and vulnerable groups. Understanding who lives and works in the CTP Planning Area today will inform important considerations for who to plan for in the future. The “present day” information in this section was analyzed using the 2010, 2016, and 2021 American Community Survey, 5-year estimates. Population The population as a whole is concentrated near downtown Fuquay-Varina with pockets of density expanding into the surrounding neighborhoods. The higher density areas (those with densities over 1,001 people per square mile) are predominately located in neighborhoods adjacent to US 401 and NC 55 Highway, near downtown. The area between Optimist Farm Road and Lake Wheeler Road, near Wake Tech Community College, is another pocket of higher density. Areas farther south and east of US 401 towards Johnston and Harnett Counties are rural and less densely populated.
Demographic Trends Since the 2035 CTP, adopted in 2017, Fuquay-Varina has continued to grow rapidly with a 144% increase in total population from 2010 to 2023. Compared to North Carolina’s growth rate of 13%, Fuquay-Varina is growing significantly faster. Fuquay-Varina’s median age is 35.3, which is younger than North Carolina’s median age of 39 and men have a slightly lower median age than women within the town at 34.3 and 36.6, respectively. Fuquay-Varina is a predominately white community (71.7%) with the Black and African American population making up 17.8% of the total. The remaining 10.5% of people represent another race or are biracial. Fuquay-Varina’s racially underrepresented, or minority community, accounts for 28.3% of the population, whereas the state’s total minority share is 35%. Approximately 95.3% of Fuquay-Varina’s population has obtained, at the least, a high school diploma, and 49.9% of people have a bachelor’s degree or higher. These rates are higher than the state’s rates of educational attainment, which reflects an educated population well equipped for skilled employment. Fuquay-Varina is wealthier than North Carolina as a whole, with a median household income that is 39.5% more than the state and a poverty rate that is 2.2 percentage points less than the state. Vehicle access trends are relatively the same between the Fuquay-Varina and North Carolina, with about 4% of the town’s households not having access to a car. It is significant to note that, in this economy which often requires multiple household incomes, 24% of the households in Fuquay-Varina have access to only one (1) vehicle.
Figure 2. Population Density Map
Population
Diversity and Age
43,817 Total Population
43,817 in 2023
71.7 White
34,152 in 2020
17,937 in 2010
Median Age 35.3
Income and Poverty
17.8% Black or African American
Median Male Age
34.3 Median Female Age 36.6
Fuquay-Varina North Carolina
$94,142 Median Household Income
$67,481 Median Household Income 12.8% Households in Poverty
8.4% Hispanic or Latino
10.5% Other Race or Biracial
10.6% Households in Poverty
Vehicle Access
Education
24% of households can only access one (1) vehicle
4% of households have no access to a vehicle
95.3% High School Grad or higher
49.9% Bachelor’s or higher
HS
B.A.
Source text
Data sourced from 2022 ACS 5-year Estimates and Fuquay-Varina Economic Development (2022 ACS 5-Year Estimates, 2023 Annual Population Estimate, 2020 Census) The data above is for Fuquay-Varina’s Municipal Boundary, not the CTP Planning Area
Data sourced from 2021 ACS 5-year estimates
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Town of Fuquay-Varina
2040 Comprehensive Transportation Plan
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