In 2022, Fairbank, IA had a population of 1.49k people with a median age of 40 and a median household income of $95,200. Between 2021 and 2022 the population of Fairbank, IA declined from 1,534 to 1,490, a −2.87% decrease and its median household income grew from $85,714 to $95,200, a 11.1% increase.
The 5 largest ethnic groups in Fairbank, IA are White (Non-Hispanic) (91.1%), Two+ (Non-Hispanic) (8.19%), Native Hawaiian & Other Pacific Islander (Non-Hispanic) (0.604%), American Indian & Alaska Native (Non-Hispanic) (0.0671%), and White (Hispanic) (0%).
None of the households in Fairbank, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.8% of the residents in Fairbank, IA are U.S. citizens.
In 2022, the median property value in Fairbank, IA was $162,300, and the homeownership rate was 86%.
Most people in Fairbank, IA drove alone to work, and the average commute time was 22.6 minutes. The average car ownership in Fairbank, IA was 3 cars per household.