Iowa · Census place 26355
Fairbank city, IA
Quick answer
Fairbank city has 1,509 residents, ranking #214 of 1026 places in Iowa. Median household income is $100,172, the median home is worth $173,200 and median gross rent runs $630 a month.
- Population
- 1,509Fairbank city residents
- Median household income
- $100,172Past 12 months, inflation adjusted
- Median home value
- $173,200Owner-occupied units
- Median gross rent
- $630Rent plus utilities, monthly
- Median age
- 41.2 yrsAll residents
- Homeownership rate
- 86.1%Owner-occupied households
What the numbers mean in Fairbank city
Housing cost measured against local earnings.
A household earning the Fairbank city median would spend about 7.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.5% of residents and 86.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Pocahontas city 1,536
- Panora city 1,520
- Sanborn city 1,510
- Oakland city 1,500
- Slater city 1,498
- Lenox city 1,474
- Manning city 1,474
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More Iowa coverage.