Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.5 yrs |
|---|---|
| Avg HH Size | 2.85 |
| Below Poverty | 1.6% ▼ 84% below avg |
| College Grads | 36.3% ≈ Avg |
| Unemployment | 1.9% ▼ 60% below avg |
| No HS Diploma | 4 (0.3%) |
| HS Graduate | 490 (35.4%) |
| Some College | 166 (12%) |
| Associates | 223 (16.1%) |
| Bachelors | 200 (14.4%) |
| Graduate Degree | 303 (21.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $102,750 ▲ 35% above avg |
|---|---|
| Median Home Value | $193,900 ▼ 30% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $724/mo |
| Total Housing Units | 894 |
| Vacant Units | 74 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Fairbank is a city in Iowa, located in Buchanan County. The city spans 1 ZIP code and is home to approximately 2,335 residents. It is a middle-aged city, with a median age of 39.5 years.
Economically, Fairbank is a upper-middle-income community. The median household income of $102,750 is above the national average. Approximately 1.6% of residents live below the poverty line. The unemployment rate is 1.9%, well below the national average.
The real estate market in Fairbank is an affordable housing market. Median home values stand at $193,900, which is below the national average. Renters typically pay around $724 per month. Homeownership is high at 83.5%, typical of suburban and family-oriented communities.
The population of Fairbank is moderately educated. 36.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.66%).
Fairbank, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50629 | 2,335 | $102,750 | $193,900 | $724 | 1.9% | 36.3% | 83.5% |