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CITY · 2010 ACS

Fairbank

Iowa · 1,113 residents · 0.735 sq mi
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The short version

Fairbank has roughly average household income, with a median household income of $50,179. Population has held roughly steady since 2000. 13% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $111,300. Poverty is rare here, at 4.7% of residents.

At a glance
Average income
near the US median
US median: $52,703
Mid-age
median age 37.6
US median: 37.2
Less educated
13% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,113
+7%since 2000
from 1,041 in 2000
1990 – 2025
Population density
1,514 / sq mi
+7%since 2000
from 1,416 / sq mi in 2000
US average: 261
Median age
37.6
+2%since 2000
from 36.8 in 2000
US average: 37.2
Population, 1990 – 2024
9731K1K1K2K1990201020202024Fairbank
20241K
1990201020202024
Section 02

Income & economy

Median household income
$50,179
+7%inflation adjusted, since 2000
from $36,900 in 2000
US average: $52,703
1990 – 2024
Per capita income
$22,242
+29%since 2000
from $17,262 in 2000
US average: $27,286
Households earning $100K+
29.9%
+2.0 ptssince 2009
from 27.9% in 2009
US average: 33.3%
Poverty rate
4.7%
−4.2 ptssince 2000
from 8.9% in 2000
US average: 13.8%
Income inequality (Gini)
0.349
US average: 0.461
Workforce by industry, 2010
Retail trade20.1%
US avg: 10.9%
Information12.5%
US avg: 11.5%
Wholesale trade9.2%
US avg: 7.2%
Transportation & warehousing7.1%
US avg: 3.1%
Finance & insurance6.9%
US avg: 5.1%
Professional, scientific, technical6.2%
US avg: 4.2%
Other services2.1%
US avg: 7%
Public administration2.1%
US avg: 4.9%
Arts, entertainment, food1.1%
US avg: 2.4%
Education & health services0.7%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$111,300
+18%inflation adjusted, since 2000
from $74,800 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$569
+43%inflation adjusted, since 2000
from $315 in 2000
US average: $853
Owner-occupied
49.9%
−30.0 ptssince 2000
from 79.9% in 2000
23.6% rent
Vacancy rate
14.4%
+0.5 ptssince 2009
from 13.9% in 2009
US average: 12.1%
Owner cost-burdened
14.7%
+1.2 ptssince 2009
from 13.5% in 2009
US average: 30.9%
Renter cost-burdened
25.0%
−0.3 ptssince 2009
from 25.3% in 2009
US average: 46.8%
Afford Score
2.2
+9%since 2000
from 2.0 in 2000
1990 – 2024
RELATED:See current rent listings in Fairbank on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.8%(1,029)
Black0%(0)
Hispanic / Latino1%(10)
Asian0.1%(1)
Other0%
Diversity Score2.6%(27)
2010
White, non-Hispanic97.3%(1,083)
Black0.3%(3)
Hispanic / Latino1.8%(20)
Asian0%(0)
Other0%(0)
Diversity Score5.1%(57)
Diversity Score
5
+95%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.8%
+0.1 ptssince 2000
from 12.7% in 2000
US average: 27.9%
High school or higher
94.6%
+6.5 ptssince 2000
from 88.0% in 2000
US average: 84.9%
Graduate degree
2.3%
+0.1 ptssince 2000
from 2.2% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
22.0 min
+40%since 2000
from 15.7 min in 2000
US average: 25.2
Drive alone to work
89.7%
+1.4 ptssince 2009
from 88.3% in 2009
US average: 76.2%
Carpooled to work
7.6%
−0.8 ptssince 2009
from 8.5% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
1.1%
+1.1 ptssince 2009
from 0.0% in 2009
US average: 4.1%
Walked to work
1.6%
−1.6 ptssince 2009
from 3.3% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
7.6%
+1.2 ptssince 2009
from 6.5% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
8.3%
−3.4 ptssince 2009
from 11.7% in 2009
US average: 12.9%
Management & professional
21.5%
−27.1 ptssince 2009
from 48.6% in 2009
US average: 35.2%
Section 08

People & community

Male
52.5%
+1.5 ptssince 2009
from 51.0% in 2009
Female
47.5%
−1.5 ptssince 2009
from 49.0% in 2009
Foreign born
1.9%
+0.7 ptssince 2009
from 1.1% in 2009
US average: 12.8%
Veterans
15.6%
−37.3 ptssince 2009
from 52.9% in 2009
US average: 9.9%
Drill deeper

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Compare Fairbank to nearby cities

FAIRBANK VS
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Home value$152,600+37%
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FAIRBANK VS
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Home value$223,300+101%
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FAIRBANK VS
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FAIRBANK VS
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Frequently asked

How many people live in Fairbank, Iowa?

Fairbank, Iowa has about 1,113 residents according to the 2010 American Community Survey.

What is the median household income in Fairbank, Iowa?

The typical household in Fairbank, Iowa earns about $50,179 a year. Half of households make more than that, and half make less.

Is Fairbank, Iowa expensive?

In Fairbank, Iowa, the median home is worth about $111,300, and the typical rent is about $569 a month.

How educated are people in Fairbank, Iowa?

About 12.8% of adults age 25 and over in Fairbank, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Fairbank, Iowa?

About 4.7% of people in Fairbank, Iowa live below the federal poverty line.

Has Fairbank, Iowa grown since 1990?

Yes, Fairbank, Iowa has grown since 1990. The population has added about 89 residents, a change of about 9 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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