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ZipNumbers

Minnesota · Census place 20222

Fairfax city, MN

Quick answer

Fairfax city has 1,134 residents, ranking #344 of 914 places in Minnesota. Median household income is $53,750, the median home is worth $99,800 and median gross rent runs $410 a month.

Population
1,134Fairfax city residents
Median household income
$53,750Past 12 months, inflation adjusted
Median home value
$99,800Owner-occupied units
Median gross rent
$410Rent plus utilities, monthly
Median age
37.9 yrsAll residents
Homeownership rate
81.9%Owner-occupied households

What the numbers mean in Fairfax city

Housing cost measured against local earnings.

A household earning the Fairfax city median would spend about 9.2% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.8% of residents and 81.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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