Fuquay-Varina is a medium-sized town located in the state of North Carolina. With a population of 40,810 people and 11 constituent neighborhoods, Fuquay-Varina is the 29th largest community in North Carolina. Fuquay-Varina has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Fuquay-Varina, where the median household income is $85,047.00.
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.
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.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.96% 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Fuquay-Varina really has some of the features that families look for when choosing a good community to raise children. Is Fuquay-Varina perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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 32.60 minutes, which is quite a bit higher than the national average.
The citizens of Fuquay-Varina are among the most well-educated in the nation: 47.08% of adults in Fuquay-Varina have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Fuquay-Varina in 2018 was $35,549, which is upper middle income relative to North Carolina and the nation. This equates to an annual income of $142,196 for a family of four. However, Fuquay-Varina contains both very wealthy and poor people as well.
Fuquay-Varina is an extremely 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.