Fairbanks, IN

Indiana · Metropolitan Area

Fairbanks is a small town in Indiana with a population of 324. Residents earn $87,273 per year, which is 16% above the national average.

3.9 /5.0
B+ Good
324 Population 1,906/sq mi density
$87,273 Median Income $25,659 per capita
N/A Home Value $199,959 Zillow
N/A Median Rent
55°F Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$87,273 median income, 22.9% unemployment
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher
Median Income $87,273
16% higher than US avg
Bachelor's+ 0.0%
100% lower than US avg
Unemployment 22.9%
536% higher than US avg
Poverty Rate 20.7%
67% higher than US avg

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

People

Population324
Median Age26.7 yrs
Density1,906/mi²
Male / Female55% / 45%
Largest GroupWhite 79%
Veterans7.5%

Economy

C+
Median Income$87,273
Per Capita$25,659
Unemployment22.9%
Poverty20.7%
County GDP$1,163M
Commute37 min

Housing

Home ValueN/A
RentN/A
OwnershipN/A
Zillow$199,959

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp55°F
AQI41 (Good)
Rain46.3 in/yr
Elevation537 ft

Education

A+
Bachelor's+0.0%
High School+100.0%
School Score6.01

Community

2024 VoteR 76% / D 23%
Commute37 min
Broadband84.0%
Libraries6

Is Fairbanks a Good Place to Live?

Based on current data, Fairbanks receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes. Areas to be aware of include above-average unemployment, an elevated poverty rate, long commute times. Fairbanks offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Fairbanks is $87,273, 16% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 22.9%, unemployment is notably high. The poverty rate of 20.7% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 37 minutes, longer than the typical American commute of 28 minutes.

Education

0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Fairbanks experiences four distinct seasons with an average temperature of 55°F. Winters average 31°F in January while summers reach 76°F in July. Annual precipitation totals 46.3 inches, including 11.6 inches of snow. Air quality is rated Good with a median AQI of 41.

Fairbanks has a population of 324 with a density of 1,906 people per square mile. The median age is 26.7 years, 31% younger than the national median of 38.9. The city is predominantly White (79.3%), with 20.7% Black.

Population

324
Total Population
1,906
People / sq mi
26.7yrs
Median Age
31% below US avg
0.2mi²
Land Area

Gender Distribution

Male 55.2%
Female 44.8%

Race & Ethnicity

Fairbanks vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Fairbanks vs U.S. Average

The median household income in Fairbanks is $87,273, which is 16% above the national average of $75,149. The unemployment rate is 22.9% (above the 3.6% US average). 20.7% of residents live below the poverty line. Workers commute an average of 37 minutes.

Income: Fairbanks vs U.S.

Commute Mode

Income

Median HH Income$87,273
16% above US avg
Per Capita Income$25,659
Avg Weekly Wage$996
IRS Avg AGI$58,421

Employment & Poverty

Unemployment22.9%
536% above US avg
Poverty Rate20.7%
67% above US avg
Establishments (County)372
County GDP$1,163M

Business (County)

Restaurants38
Healthcare37
Retail60
Manufacturing17

Tax & Cost of Living

Property Tax (IRS)$1,738
50% below US avg

Commute & Transportation

Commute Time36.5 min
Drive Alone38.5%
Public Transit0.0%
Work from Home0.0%

Walkability

Zillow estimates the typical home value at $199,959.

Home Value Sources

Ownership Split

Home Values

Zillow ZHVI$199,959

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied100.0%

Property Tax

Avg Tax (IRS)$1,738
50% below US avg

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

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate84.8%
Premature Death9,727/100K

Food & Exercise

Food Environment7.7/10
Exercise Access32.8%
Healthcare Facilities37

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

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)4

Safety Score

Fairbanks has an average annual temperature of 55°F (13°C). Winters average 31°F in January while summers reach 76°F in July. Annual precipitation is 46.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

31°F Jan (-1°C) 76°F Jul (25°C)
Annual Average55.1°F
2% above US avg
January Average31°F (-1°C)
July Average76°F (25°C)

Precipitation & Snow

Annual Rainfall46.3 inches
22% above US avg
Snowfall11.6 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation537 ft (164 m)
Area0.2 sq mi (0.4 km²)
Population Density1,906/sq mi
Coordinates39.2182°N, 87.5229°W
County FIPS18153
It is classified as Metro — under 250K. 0.0% of residents hold a bachelor's degree or higher (100% below US avg). In the 2024 election, the county voted Republican by a 52.7-point margin. 84.0% of households have broadband internet.

2024 Presidential Election (County)

R 75.5%
D 22.8%

Winner: Republican by 52.7 points

Education

Bachelor's Degree+0.0%
100% below US avg
High School+100.0%
School Test Score6.01
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density1,906/sq mi
Total Area0.2 sq mi

Infrastructure & Services

Broadband Access84.0%
Public Libraries6
Healthcare Facilities37
Restaurants38
Retail Stores60

Safety & Disasters

Fatal Crashes (County/yr)4

Commute & Transportation

Avg Commute36.5 min
Drive Alone38.5%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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