Fairbank, IA
Full City Profile · Iowa · Bremer County County
Fairbank, IA
At a Glance
How Fairbank Compares to the U.S. Average
Each bar shows Fairbank's value as a percentage of the national average (100% = U.S. avg)
Is Fairbank a Good Place to Live?
Economy & Jobs
Fairbank residents earn a median household income of $100,172 , which is 33% above the national average of $75,149. Per capita income is $36,323. The unemployment rate stands at 2.6% (28% below the U.S. rate of 3.6%). 0.7% of residents live below the poverty line. The area is home to 749 business establishments, including 48 restaurants.
Housing & Cost of Living
The median home value in Fairbank is $173,200 , 39% below the national median of $281,900. Zillow estimates the typical home at $265,532. Median rent is $630/month, with 18.4% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1970.
Safety & Crime
Fairbank reports 88 violent crimes per 100,000 residents , which is 77% below the national average of 380/100K. Property crime is 881/100K.
Education
19.9% of adults in Fairbank hold a bachelor's degree or higher (41% below the national average). 93.9% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
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 totals 35.4 inches. Air quality is rated Good with a median AQI of 40.