Fairbank, IA

Iowa · Metropolitan Area

Fairbank is a small town in Iowa with a population of 1,509. Residents earn $100,172 per year, which is 33% above the national average.

4.2 /5.0
A Great
1,509 Population 2,039/sq mi density
$100,172 Median Income $36,323 per capita
$173,200 Home Value $249,701 Zillow
$630 Median Rent
46°F Avg Temperature
A
Overall
4.2 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$100,172 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$173,200 home value, $630/mo rent
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher
Median Income $100,172
33% higher than US avg
Home Value $173,200
39% lower than US avg
Bachelor's+ 19.9%
41% lower than US avg
Median Rent $630
46% lower than US avg
Obesity Rate 37.2%
16% higher than US avg
Unemployment 1.7%
53% lower than US avg
Poverty Rate 0.7%
94% lower than US avg

How Fairbank Compares to the U.S. Average (100% = U.S. avg)

People

Population1,509
Median Age41.2 yrs
Density2,039/mi²
Male / Female57% / 43%
Largest GroupWhite 91%

Economy

A+
Median Income$100,172
Per Capita$36,323
Unemployment1.7%
Poverty0.7%
County GDP$1,581M
Commute22 min

Housing

A+
Home Value$173,200
Rent$630
OwnershipN/A
Zillow$249,701

Crime

ViolentN/A
PropertyN/A

Health

Obesity37.2%
UninsuredN/A
Depression21.8%
Heart Disease5.2%

Climate

Avg Temp46°F
AQI43 (Good)
Rain38.6 in/yr
Elevation984 ft

Education

C+
Bachelor's+19.9%
High School+93.9%
School Score5.73

Community

2024 VoteR 60% / D 38%
Commute22 min
Libraries7

Is Fairbank a Good Place to Live?

Based on current data, Fairbank receives an overall livability score of 4.2 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, affordable housing, a low poverty rate. Fairbank stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Fairbank is $100,172, which is significantly higher than the national average — 33% above $75,149. This places Fairbank among higher-income communities. The job market is very strong with unemployment at just 1.7%. Only 0.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Fairbank is $173,200, 39% below the national median — offering relatively affordable homeownership. Renters pay a median of $630 per month, below the national average — a plus for affordability. At just 1.7x median income, home prices are very affordable relative to local earnings.

Education

19.9% of residents hold a bachelor's degree, below the national average of 33.7%. 93.9% have completed high school. Area schools have an average test score of 5.7/10.

Climate & Weather

Fairbank experiences four distinct seasons with an average temperature of 46°F. Winters average 16°F in January while summers reach 72°F in July. Annual precipitation totals 38.6 inches. Air quality is rated Good with a median AQI of 43.

Fairbank has a population of 1,509 with a density of 2,039 people per square mile. The median age is 41.2 years, 6% older than the national median of 38.9. The city is predominantly White (91.3%).

Population

1,509
Total Population
2,039
People / sq mi
41.2yrs
Median Age
6% above US avg
0.7mi²
Land Area

Gender Distribution

Male 56.9%
Female 43.1%

Race & Ethnicity

Fairbank vs U.S. Average

Language Spoken at Home

English Only99.6%
27% above US avg
Spanish0.4%
97% below US avg

Social Characteristics

Fairbank vs U.S. Average

The median household income in Fairbank is $100,172, which is 33% above the national average of $75,149. The unemployment rate is 1.7% (below the 3.6% US average). 0.7% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Fairbank vs U.S.

Commute Mode

Income

Median HH Income$100,172
33% above US avg
Per Capita Income$36,323
Avg Weekly Wage$1,011
IRS Avg AGI$84,332

Employment & Poverty

Unemployment1.7%
53% below US avg
Poverty Rate0.7%
94% below US avg
Establishments (County)749
County GDP$1,581M

Business (County)

Restaurants48
Healthcare73
Retail72
Manufacturing31

Tax & Cost of Living

Property Tax (IRS)$4,930
41% above US avg
Effective Tax Rate2.85%

Commute & Transportation

Commute Time22.4 min
Work from Home11.8%

Walkability

The median home value in Fairbank is $173,200, 39% below the national average. Monthly rent averages $630 (46% below US avg). Zillow estimates the typical home value at $249,701.

Home Value Sources

Ownership Split

Home Values

Census Median$173,200
39% below US avg
Zillow ZHVI$249,701

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$630
46% below US avg

HUD Fair Market Rent

Studio$738
1 Bedroom$788
2 Bedrooms$989
3 Bedrooms$1,282
4 Bedrooms$1,420

Ownership & Property

Owner-Occupied86.1%

Property Tax

Avg Tax (IRS)$4,930
41% above US avg
Effective Rate2.85%
In Fairbank, 37.2% of adults are obese (above the 32.1% national rate). 21.8% report depression. 23.7% are physically inactive.

Health Metrics: Fairbank vs U.S. Average (%)

Chronic Conditions

Obesity37.2%
16% above US avg
Diabetes8.9%
Heart Disease5.2%
High Blood Pressure30.2%
Asthma10.2%
COPD6.0%
Stroke2.7%

Behaviors & Mental Health

Binge Drinking24.1%
Physical Inactivity23.7%
Depression21.8%
Mental Distress17.8%
Physical Distress12.1%

Healthcare Access

Insurance Rate91.5%
Checkup Rate74.9%
Premature Death6,009/100K

Food & Exercise

Food Environment9.6/10
Exercise Access73.8%
Healthcare Facilities73

Crime Rates: Fairbank vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)3

Safety Score

Fairbank has an average annual temperature of 46°F (8°C). Winters average 16°F in January while summers reach 72°F in July. Annual precipitation is 38.6 inches. Air quality is rated Good with a median AQI of 43.

Temperature

16°F Jan (-9°C) 72°F Jul (22°C)
Annual Average46.4°F
14% below US avg
January Average16°F (-9°C)
July Average72°F (22°C)

Precipitation & Snow

Annual Rainfall38.6 inches
2% above US avg

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation984 ft (300 m)
Area0.7 sq mi (1.9 km²)
Population Density2,039/sq mi
Coordinates42.6401°N, 92.0478°W
County FIPS19017
It is classified as Metro — under 250K. 19.9% of residents hold a bachelor's degree or higher (41% below US avg). In the 2024 election, the county voted Republican by a 22.2-point margin.

2024 Presidential Election (County)

R 60.5%
D 38.3%

Winner: Republican by 22.2 points

Education

Bachelor's Degree+19.9%
41% below US avg
High School+93.9%
School Test Score5.73
C+ Education Grade (2.6/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density2,039/sq mi
Total Area0.7 sq mi

Infrastructure & Services

Alt Fuel Stations1
Public Libraries7
Healthcare Facilities73
Restaurants48
Retail Stores72

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Avg Commute22.4 min
Work from Home11.8%

Nearby Cities

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