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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
Housing Overview
Median Home Value
$173,200
39% below
US avg: $281,900
Median Rent
$630/mo
46% below
US avg: $1,163/mo
Homeownership Rate
86.1%
32% above US avg (65.4%)
Total Housing Units
557
Median year built: 1970
Home Value by Source
Census Median
$173,200
Zillow (ZHVI)
$249,701
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.1%
Owner-Occupied
13.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$630/mo
Affordability & Housing Stock
Rent Burden
18.4%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
86.1%
Complete Housing Data
Home Values
| Census Median Value | $173,200 |
| Zillow Home Value (ZHVI) | $249,701 |
Rent
| Census Median Rent | $630 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 86.1% |
| Renter-Occupied | 13.9% |
| Homeownership Rate | 86.1% |
| Total Housing Units | 557 |
| Median Year Built | 1970 |
| Rent Burden | 18.4% |