Fairland, IN
Full City Profile · Indiana · Shelby County County
Fairland, IN
At a Glance
How Fairland Compares to the U.S. Average
Each bar shows Fairland's value as a percentage of the national average (100% = U.S. avg)
Is Fairland a Good Place to Live?
Economy & Jobs
Fairland residents earn a median household income of $47,500 , which is 37% below the national average of $75,149. Per capita income is $31,636. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 8.4% of residents live below the poverty line. The area is home to 1,013 business establishments, including 84 restaurants.
Housing & Cost of Living
The median home value in Fairland is $179,900 , 36% below the national median of $281,900. Zillow estimates the typical home at $276,794. Median rent is $867/month, with 32.8% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1938.
Education
13.0% of adults in Fairland hold a bachelor's degree or higher (61% below the national average). 91.3% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Fairland has an average annual temperature of 54°F (12°C). Winters average 30°F in January while summers reach 76°F in July. Annual precipitation totals 43.1 inches. Air quality is rated Good with a median AQI of 36.