City

Fairbanks, IN

1 ZIP code  ·  Sullivan County  ·  Indiana

👥561Population
💰$85,909Median HH Income▲ 13% above avg
🎂27.7Median Age
🏠$156,400Median Home Value▼ 44% below avg
🎓45.2%College Grads▲ 17% above avg
📊18.5%Unemployment▲ 277% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.1% Female 48.0% ♀

Race & Ethnicity

White: 68.1%Hispanic: 15.7%Black: 11.9%Other: 4.3%Race
White68.1%
Hispanic15.7%
Black11.9%
Other4.3%

Age Breakdown

Under 5
6%
5–17
2%
18–24
24%
25–44
35%
45–64
19%
65+
10%

Key Indicators

Median Age27.7 yrs
Avg HH Size3.19
Below Poverty16.6% ▲ 66% above avg
College Grads45.2% ▲ 17% above avg
Unemployment18.5% ▲ 277% above avg
HS Graduate90 (25.3%)
Some College52 (14.6%)
Associates53 (14.9%)
Bachelors143 (40.2%)
Graduate Degree18 (5.1%)

Education

HS Grad: 25.3%Some College: 14.6%Associates: 14.9%Bachelors: 40.2%Graduate: 5.1%Edu
HS Grad25.3%
Some College14.6%
Associates14.9%
Bachelors40.2%
Graduate5.1%
Housing & Income

Housing Tenure

Owner: 88.6%Renter: 11.4%Tenure
Owner88.6%
Renter11.4%

Home Value Distribution

Under $50k
4%
$50k–$100k
28%
$100k–$150k
10%
$150k–$200k
34%
$200k–$300k
21%
$300k–$500k
4%

Financials

Median HH Income$85,909 ▲ 13% above avg
Median Home Value$156,400 ▼ 44% below avg
Home/Income Ratio1.8x (nat avg ~3.5x)
Total Housing Units176

Income Distribution

Under $25k
15%
$25k–$50k
3%
$50k–$75k
13%
$75k–$100k
49%
$100k–$150k
6%
$150k–$200k
5%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
100%

Commute Time

Under 15 min
9%
15–30 min
42%
30–45 min
32%
Over 45 min
17%
Housing Stock

Year Built

1940s–1950s
2%
1960s–1970s
6%
1980s–1990s
32%
2000+
60%
About Fairbanks, IN

Fairbanks is a city in Indiana, located in Sullivan County. The city spans 1 ZIP code and is home to approximately 561 residents. It is a young city, with a median age of 27.7 years.

Economically, Fairbanks is a middle-income community. The median household income of $85,909 is near the national average. Approximately 16.6% of residents live below the poverty line. The unemployment rate is 18.5%, more than double the national average.

The real estate market in Fairbanks is an affordable housing market. Median home values stand at $156,400, which is below the national average. Homeownership is high at 88.6%, typical of suburban and family-oriented communities.

The population of Fairbanks is well-educated. 45.2% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (68.09%).

Fairbanks, IN offers residents above-average earning potential within Indiana.

ZIP Codes in Fairbanks
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47849 561 $85,909 $156,400 18.5% 45.2% 88.6%