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Fairbank, IA

Full City Profile · Iowa · Bremer County County

3.4 /5.0
B Good
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 18.4% income on rent
46°F Avg Temperature 260 sunny days/yr
627 Violent Crime/100K 2,281 property/100K
B
Overall
3.4 / 5.0
Good 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
F
Safety
1.0 / 5.0
627 violent crimes/100K (65% above avg)
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher

Income Overview

Median Household Income
$100,172
33% above
US avg: $75,149
Per Capita Income
$36,323
7% below
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
0.7%
94% below
US avg: 12.4%

Income Comparison: Fairbank vs. U.S. Average

Each bar shows Fairbank’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$100,172
133%
Per Capita
US: $39,052
$36,323
93%
IRS Avg AGI
US: $72,000
$84,332
117%
Avg Weekly Wage
US: $1,432
$1,011
71%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,011
29% below US avg ($1,432)
Mean Commute Time
22 min
19% below US avg (28 min)
Work From Home
11.8%
22% below US avg (15.2%)
Drive Alone
83.6%
14% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,581M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 83.6%
Public Transit 0%
Work From Home 11.8%
Other 4.6%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
749
Restaurants
48
Healthcare
73
Retail
72
Manufacturing
31

Tax & Financial

IRS Avg Adjusted Gross Income
$84,332
17% above US avg ($72,000)
Avg Property Tax
$4,930
41% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$100,172
Per Capita Income$36,323
IRS Avg Adjusted Gross Income$84,332
Avg Weekly Wage$1,011
County GDP$1,581M

Hardship Indicators

Unemployment Rate1.7%
Poverty Rate0.7%
Gini Coefficient0.412
Cost of Living Index87.8

Commute

Mean Commute22 minutes
Drive Alone83.6%
Public Transit0.0%
Work From Home11.8%

Businesses

Total Establishments749
Restaurants48
Healthcare73
Retail72
Manufacturing31

Tax

IRS Avg AGI$84,332
Avg Property Tax$4,930