Town Demographic Profile
Housing Types
0.2%
Occupied vs. Vacant Units
Owner Occupied vs. Rental Units
Single-family Detached Single-family Attached Small Apartment Building (2-9 units)
10.0%
2.5% 7.0%
Mobile Homes Small Apartment Complex (10 or more units)
Unoccupied 4.6%
80.3%
Renter Occupied 30.3%
Insight: The median household income in Fuquay-Varina increased significantly compared to the same data collected for the 2035 Land Use Plan: $64,846 to $81,914. Similar trends were observed in Wake County as-a- whole, where the median household income is now $83,567. The statistics for Fuquay-Varina and Wake County are much higher than the state average: $56,642. Financial affluence in the community will impact home choices and price points, and the potential to recruit more and different retail businesses to the area.
Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table S2504
Occupied 95.4%
Owner Occupied 69.7%
Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table DP03 $81,914 Median Household Income
$97,198 Mean Household Income
Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table S25002 & DP04
$1,279 Median Rent Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table DP04
Typical Monthly Ownership Costs (Including Mortgage) Less than $500 $500-$999 $1,000-$1,499 46 492
>$200k 7.0%
<$15k 7.7%
$15k-$24k 6.6%
$150k-$199k 9.7%
$25k-$34k 4.9%
1,705
Household Income Breakdown Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table DP03
$35k-$49k 7.1%
$283,400 Unit with a Mortgage $250,900
$2,000-$2,499 $1,500-$1,999 $2,500-$2,999 $3,000 or more
1,821
Insight: The overwhelming number of homes (95.4%) in
1,200
$100k-$149k 23.0%
396
Fuquay-Varina are occupied (not vacant), and the majority of those are owner-occupied (69.7%), which means the homeowners are paying a mortgage with the intent to eventually own the home they are living in. Single family detached homes continue to be the dominate choice in the community (80.3%).
172
$50k-$74k 18.7%
Unit without a Mortgage
Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table DP04
$75k-$99k 15.4%
Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table B25097
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Fuquay-Varina Land Use Plan
Chapter 1: Introduction
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