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Fairbank city, Iowa

City

Population: 1,509 (2023 estimate)

Located in Iowa , Iowa

Census Bureau data for Fairbank city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Fairbank city

What is the median household income in Fairbank city?
The median household income in Fairbank city is $100,172 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Fairbank city?
The poverty rate in Fairbank city is 0.7% (U.S. Census Bureau ACS 2023).
What is the median home value in Fairbank city?
$173,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Fairbank city?
The median gross rent in Fairbank city is $630 per month (U.S. Census Bureau ACS 2023).
What percentage of Fairbank city residents have a college degree?
19.9% of adults in Fairbank city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,509
Median Income
$100,172
Median Home Value
$173,200
Poverty Rate
0.7%
Unemployment (ACS 2023)
2.6%
Median Age
41.0 yrs
Since 2019 Median Income: +$33,922 (+51.2%) Home Value: +$33,300 (+23.8%) Poverty Rate: -3.6 pp (-83.7%) Bachelor's+: +4.7 pp (+30.9%) Unemployment: +1.0 pp (+62.5%)

Demographics

Total Population 1,509
Median Age 41.0
Female 43.1%
Race & Ethnicity
White (non-Hisp.) 91.3% Black 0.4% Two or More 7.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $100,172 ±$21,138
+$27,025 vs. state
Per Capita Income $96,882
Median Family Income $106,397
Poverty Rate 0.7%
-6.2 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 0.5%
Social Security Income
Retirement Income 24.5%
Household Income Distribution
< $10k
4.5%
$10–15k
1.1%
$15–25k
5.6%
$25–35k
3.8%
$35–50k
6.5%
$50–75k
21.2%
$75–100k
6.9%
$100–150k
34.2%
$150–200k
10.0%
$200k+
6.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 569
Owner-Occupied 86.1%
Renter-Occupied 13.9%
Vacancy Rate 3.0%
Median Home Value $173,200
-$22,700 vs. state
Median Gross Rent $630
Owner Cost Burden (30%+) 8.3%
Renter Cost Burden (30%+) 22.4%
Home Value Distribution
< $50k
5.7%
$50–100k
1.3%
$100–200k
28.2%
$200–300k
29.5%
$300–500k
7.8%
$500k–$1M
2.5%
Gross Rent Distribution
< $500
22.4%
$500–1k
67.2%
$1–1.5k
10.4%
Vehicle Availability
No vehicle
3.3%
1 vehicle
15.8%
2 vehicles
44.0%
3+
37.0%
Housing Type
Single-fam. det.
85.2%
Single-fam. att.
0.5%
2–4 units
1.2%
5–19 units
4.7%
Mobile home
3.3%
Housing Age
Pre-1940
20.0%
1940–1969
4.2%
1970–1999
15.5%
2000–2009
15.8%
2010+
3.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.9%
Bachelor's or Higher 19.9%
-11.0 pp vs. state
Graduate Degree 4.8%
Some College / Associate 23.1%
Less Than High School 0.4%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 66.6%
Unemployment Rate 2.6%
-1.0 pp vs. state
Work from Home 11.8%
Self-Employed 4.7%
Government Workers 9.6%
Private For-Profit 84.4%
Industry
Edu/Health
26.2%
Manufacturing
18.8%
Transportation
14.4%
Construction
8.5%
Finance
6.8%
Prof. Services
6.7%
Retail
6.0%
Wholesale
2.8%
Agriculture
2.4%
Arts/Entmt.
1.1%
Public Admin
0.9%
Information
0.3%
Occupation
Production
33.6%
Management
27.6%
Sales
21.0%
Construction
13.2%
Food Prep
4.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 22.4 min
Drove Alone 83.6%
Carpool 1.7%
Public Transit 0.0%
Work from Home 11.8%
Walked 0.1%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 552
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 59.2%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 24.5%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
7.8%
5–9
7.1%
10–14
8.4%
15–19
7.2%
20–24
2.0%
25–34
9.4%
35–44
13.5%
45–54
14.2%
55–64
5.0%
65–74
10.7%
75–84
8.9%
85+
5.4%
Under 18: 29.5% Working age (18–64): 70.5% 65 and over: 14.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.0%
Naturalized Citizen
Speaks English Less Than Very Well 0.0%

Veterans & Disability

Veteran 9.6%
With a Disability 11.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 91.8%
Uninsured 8.2%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 88.6%
Has a Computer 94.0%
Same House 1 Year Ago 85.1%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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