Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.9 yrs |
|---|---|
| Avg HH Size | 2.37 |
| Below Poverty | 11.3% ▲ 13% above avg |
| College Grads | 27.3% ▼ 30% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 25 (2.3%) |
| HS Graduate | 492 (45.3%) |
| Some College | 76 (7%) |
| Associates | 196 (18.1%) |
| Bachelors | 151 (13.9%) |
| Graduate Degree | 145 (13.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,177 ▼ 24% below avg |
|---|---|
| Median Home Value | $135,800 ▼ 51% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $447/mo |
| Total Housing Units | 773 |
| Vacant Units | 78 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Fairfax is a city in Minnesota, located in Renville County. The city spans 1 ZIP code and is home to approximately 1,714 residents. It is a middle-aged city, with a median age of 42.9 years.
Economically, Fairfax is a solidly middle-class community. The median household income of $58,177 is below the national average. Approximately 11.3% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Fairfax is one of the more affordable housing markets in the country. Median home values stand at $135,800, which is well below the national average. Renters typically pay around $447 per month. Homeownership is high at 83.3%, typical of suburban and family-oriented communities.
The population of Fairfax is moderately educated. 27.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (78.18%).
Fairfax, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55332 | 1,714 | $58,177 | $135,800 | $447 | 1.2% | 27.3% | 83.3% |