Thursday, March 29, 2012

Fairfax County had the largest influx of new residents in the DC area

According to the latest available statistics, the top destination in the region for new residents is Fairfax County.  Liz Farmer gives the details in her piece today in The Examiner:  http://washingtonexaminer.com/local/maryland/2012/03/fairfax-biggest-draw-regions-newest-residents/417081

In 2009, nearly 88,000 new residents moved to Fairfax County.  That is 20,000 more than the next closest county (Montgomery, 68,000 new residents).  The numbers are fascinating.  Apparently the reason Fairfax is no 1 is its business-friendly climate and excellent public schools.  In fact education was the main reason that Northrup Grumman chose Fairfax over Montgomery county in 2010 for its corporate headquarters.

That type of growth and the foundation of a great educational system means its a great environment to invest in.  All of these new residents need somewhere to live so you might as well take advantage of the high demand for rental housing.

No comments:

Post a Comment