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Fairfax County

Primary Office Markets

     
Fairfax 113,191,835 sq/ft  
     
Annandale / Bailyes Crossroads / Springfield1 12,176,710  
Chantilly / Dulles2 21,525,189  
Fairfax City / Burke3 10,407,375  
Herndon 5,738,766  
McLean / Great Falls / Tysons Corner 30,874,490  
Merrifield / Vienna 12,774,367  
Reston 19,694,938  
1 Includes areas Franconia, Seven Corners,Newington/Lorton, Richmond Highway

2 Includes Centreville,

3 Includes Oakton,

SOURCES: Fairfax County Economic Development Authority. The information provided was calculated and compiled by Metro Business Media via data from government agencies and firms involved in the commercial real esate industry.

Notable Independent Companies

 
Independent Public Headquarter Companies
   
 
       
   
location
  Symbol   Market Cap
   
 
       
Science Applications International Corp  
Mclean/Tysons Corner
  (SAIC)    
General Dynamics Corporation  
Falls Church/Fairfax
  (GD)    
Computer Sciences Corporation  
Falls Church/Fairfax
  (CSC)    
Capital One Financial  
Mclean/Tysons Corner
  (COF)    
Science Applications International Corp  
Mclean/Tysons Corner
  (SAIC)    
Booz Allen Hamilton Holding Corporation  
Mclean/Tysons Corner
  (BAH)    
GTSI Corp  
Chantily
  (GTSI)    
Iridium Communications, Inc  
Mclean/Tysons Corner
  (IRDM)    
Maximus, Inc  
Reston
  (MMS)    
NVR, Inc  
Reston
  (NVR)    
SRA International, Inc  
Fairfax City
  (SRX)    
Northrop Grumman Corporation  
Falls Church/Fairfax
  (NOC)    
Gannett Co., Inc  
Mclean/Tysons Corner
  (GCI)    
XO Communications  
Herndon
  (XOHO)    
ManTech International Corporation  
Fairfax City
  (MANT)    

Taxes

         
    Fairfax County   Virginia
Corporate Income Tax (2011)   none   6.0%
 
Personal Income Tax (2011)   none   2.0% - 5.75%1
 
Sales & Use Tax (2011)   1.0%   4.0%2
 
Real Property Tax (Commercial: FY 11)   $1.203    
 
Real Property Tax (Residential: FY 11)   $1.094    
 
Personal Property Tax (FY 11)   $4.575    
 
Business, Professional and Occupational License (BPOL) Tax6        
 
1 Individual Income Tax — The Virginia individual income tax rate is 2 percent on the first $3,000 of taxable income increasing to 5.75 percent of income above $17,000

2 in addition to County sales tax

3 Real property in Fairfax County is assessed at 100 percent of its estimated fair market value as of January 1 of each year

4 Effective rate per $100 of assessed value. To fund town services, the towns of Vienna and Herndon levy an additional real property tax of $0.24 and $0.27 per $100 of assessed value, respectively.

5 This tax is levied on automobiles, trucks, motor homes, motorcycles, trailers, campers, boats, outboard motors and airplanes etc

6 All business (including home-based enterprise and self-employed individuals) that are located or operating in Fairfax County and that have gross annual receipts greater than $10,000 are assessed a Business, Professional and Occupational License (BPOL) tax. The tax rate or fee depends on the amount of gross receipts and type of business

Demographics

 
 
Population
1,081,726
 
Median household income (in 2009 inflation-adjusted dollars)
$102,499
 
State Median household income (in 2009 inflation-adjusted dollars)
$59,330
 
Per capita income (in 2009 inflation-adjusted dollars)
$47,103
 
Housing units
407,998
 
Private Sector Jobs
494,043
 
Private Sector Establishments
33,574
 
Total civilian labor force (BY PLACE OF RESIDENCE)
604,023
SOURCES: U.S. Census Bureau, 2010 Census, 2009 American Community Survey 1-Year Estimates. Maryland Department of Business and Economic Development, Maryland Department of Labor, Licensing and Regulation, Office of Workforce Information and Performance, U.S. Bureau of Labor Statistics