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Planning staff previews 2025 Factbook: population growth, housing surge and shifting housing mix
Summary
Planning staff presented the City of Fairfax 2025 Factbook at the commission work session, highlighting population growth to an estimated 26,340 in 2024, a recent surge in multifamily construction, rising sale prices and changes in housing-unit composition and student yield ratios.
Planning Department staff presented the City of Fairfax’s 2025 Factbook during a Monday work session, summarizing updated population, housing and economic figures and several new charts that track recent redevelopment and market trends.
Staff said the city’s 2024 population estimate is 26,340 and noted that the recent surge in new multifamily construction since 2020 has driven that increase. The factbook shows a marked change in housing composition: multifamily units grew from 28% of the city’s housing stock in 2019 to about 36% by the end of 2024. Staff added that several projects approved but not yet built are…
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