Fairbank, IA

Census Place

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2022 Population
1,490
2.87% 1-year decline
US Senator
Chuck Grassley
Republican Party
US Senator
Joni Ernst
Republican Party
2022 Median Age
40
2.83% 1-year increase
2022 Poverty Rate
2.16%
26.8% 1-year increase
2022 Median Household Income
$95,200
11.1% 1-year growth
2022 Median Property Value
$162,300
11.7% 1-year growth

About

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.

Population & Diversity

Fairbank, IA is home to a population of 1.49k people, from which 99.8% are citizens. As of 2022, 0.403% of Fairbank, IA residents were born outside of the country (6 people).

In 2022, there were 11.1 times more White (Non-Hispanic) residents (1.36k people) in Fairbank, IA than any other race or ethnicity. There were 122 Two+ (Non-Hispanic) and 9 Native Hawaiian & Other Pacific Islander (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

99.8%
2022 Citizenship
99.7%
2021 Citizenship

As of 2022, 99.8% of Fairbank, IA residents were US citizens, which is higher than the national average of 93.5%. In 2021, the percentage of US citizens in Fairbank, IA was 99.7%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Fairbank, IA compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Fairbank, IA
  1. White (Non-Hispanic)
    1.36k ± 300
  2. Two+ (Non-Hispanic)
    122 ± 132
  3. Native Hawaiian & Other Pacific Islander (Non-Hispanic)
    9 ± 17
0%
Hispanic Population
0 people

In 2022, there were 11.1 times more White (Non-Hispanic) residents (1.36k people) in Fairbank, IA than any other race or ethnicity. There were 122 Two+ (Non-Hispanic) and 9 Native Hawaiian & Other Pacific Islander (Non-Hispanic) residents, the second and third most common ethnic groups.

0% of the people in Fairbank, IA are hispanic (0 people).

The following chart shows the 7 races represented in Fairbank, IA as a share of the total population.

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Foreign-Born Population

0.403%
2022 Foreign-Born Population
6 people
0.587%
2021 Foreign-Born Population
9 people

As of 2022, 0.403% of Fairbank, IA residents (6 people) were born outside of the United States, which is lower than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Fairbank, IA was 0.587%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Fairbank, IA compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Gulf War (2001-)
    61 ± 56
  2. Vietnam
    15 ± 18
  3. Gulf War (1990s)
    12 ± 17

Fairbank, IA has a large population of military personnel who served in Gulf War (2001-), 4.07 times greater than any other conflict.

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Economy

The economy of Fairbank, IA employs 759 people. The largest industries in Fairbank, IA are Manufacturing (145 people), Health Care & Social Assistance (141 people), and Transportation & Warehousing (102 people), and the highest paying industries are Finance & Insurance, & Real Estate & Rental & Leasing ($101,125), Educational Services ($69,559), and Wholesale Trade ($67,115).

Occupations

759
2022 Value
± 153
−3.92%
1 Year decline
± 28%

From 2021 to 2022, employment in Fairbank, IA declined at a rate of −3.92%, from 790 employees to 759 employees.

The most common job groups, by number of people living in Fairbank, IA, are Material Moving Occupations (95 people), Production Occupations (83 people), and Office & Administrative Support Occupations (82 people). This chart illustrates the share breakdown of the primary jobs held by residents of Fairbank, IA.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

759
2022 Value
± 153
−3.92%
1 Year decline
± 28%

From 2021 to 2022, employment in Fairbank, IA declined at a rate of −3.92%, from 790 employees to 759 employees.

The most common employment sectors for those who live in Fairbank, IA, are Manufacturing (145 people), Health Care & Social Assistance (141 people), and Transportation & Warehousing (102 people). This chart shows the share breakdown of the primary industries for residents of Fairbank, IA, though some of these residents may live in Fairbank, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$54,808
Median earning men ± $16,901
$37,589
Median earning women ± $10,162

The industries with the best median earnings for men in 2022 are Finance & Insurance, & Real Estate & Rental & Leasing ($111,364), Educational Services, & Health Care & Social Assistance ($70,450), and Wholesale Trade ($67,115).

The industries with the best median earnings for women in 2022 are Finance & Insurance, & Real Estate & Rental & Leasing ($90,625), Manufacturing ($45,962), and Educational Services, & Health Care & Social Assistance ($37,813).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Iowa.
Y-Axis
1.48%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 1.57M people employed in Iowa. This represents a 1.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in Iowa.

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Civics

In the 2020 presidential election, the popular vote in Iowa went to Donald J. Trump with 52.8% of the vote. The runner-up was Joseph R Biden Jr. (44.6%), followed by Jo Jorgensen (1.16%).

Chuck Grassley and Joni Ernst are the senators currently representing the state of Iowa. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Iowa is currently represented by 4 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Iowa

Senatorial voting results are only available at the state level. Showing data for Iowa.
Chuck Grassley
Senator from Iowa3
Assumed office on January 3, 1981
Joni Ernst
Senator from Iowa2
Assumed office on January 3, 2015

Chuck Grassley and Joni Ernst are the senators currently representing Iowa.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Iowa over time, excluding special elections, colored by their political party.

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US Representatives from Iowa

Iowa is currently represented by 4 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Iowa have changed over time starting in 2008.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for Iowa.
Measure

In 2022, 0.66% of men over 25 years of age had not completed any academic degree (no schooling), while 0.685% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for Iowa.
Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (751k), Some college (564k), and Bachelors Degree (469k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Fairbank, IA was $162,300 in 2022, which is 0.576 times smaller than the national average of $281,900. Between 2021 and 2022 the median property value increased from $145,300 to $162,300, a 11.7% increase. The homeownership rate in Fairbank, IA is 86%, which is approximately the same as the national average of 64.8%.

People in Fairbank, IA have an average commute time of 22.6 minutes, and they drove alone to work. Car ownership in Fairbank, IA is higher than the national average, with an average of 3 cars per household.

Property

$162,300
Median Property Value 2022
±$13,640
$468
Median Property Taxes
±$94

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Fairbank, IA the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Fairbank, IA compared to it's parent and neighbor geographies.

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Rent vs Own

86%
Homeownership
2022
67.4%
Homeowners with Mortgage
2022

In 2022, 86% of the housing units in Fairbank, IA were occupied by their owner. This percentage declined from the previous year's rate of 86.5%.

This chart shows the percentage of owner in Fairbank, IA compared it's parent and neighboring geographies.

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Income by Location

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Race/Ethnicity
Census Tract 9502
Highest Median Household Income (Total)

The following map shows all of the places in Fairbank, IA colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$95,200
Median Household Income
± $14,695
544
Number of Households
± 107

In 2022, the median household income of the 544 households in Fairbank, IA grew to $95,200 from the previous year's value of $85,714.

The following chart displays the households in Fairbank, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Fairbank, IA is from Iowa.
0.442
2022 Wage GINI in Iowa
0.439
2021 Wage GINI in Iowa

In 2022, the income inequality in Iowa was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.723% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for Iowa was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2022
  1. Drove Alone (87%)
  2. Worked At Home (10.1%)
  3. Other (2.65%)

In 2022, 87% of workers in Fairbank, IA drove alone to work, followed by those who worked at home (10.1%) and those who used some unspecified means to get work (2.65%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

22.6 minutes
Average Travel Time

Using averages, employees in Fairbank, IA have a shorter commute time (22.6 minutes) than the normal US worker (26.7 minutes). Additionally, 1.33% of the workforce in Fairbank, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Fairbank, IA compares to that of it's neighboring and parent geographies.

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Car Ownership

3 cars
Average Number

The following chart displays the households in Fairbank, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Fairbank, IA have 3 cars.

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Poverty & Diversity

2.16% of the population for whom poverty status is determined in Fairbank, IA (32 out of 1.48k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 65 - 74 and then Males 75+.

The most common racial or ethnic group living below the poverty line in Fairbank, IA is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

91.5% of the population of Fairbank, IA has health coverage, with 54.7% on employee plans, 8.39% on Medicaid, 9.94% on Medicare, 13% on non-group plans, and 5.51% on military or VA plans.

Primary care physicians in Buchanan County, IA see 2129 patients per year on average, which represents a 0.519% increase from the previous year (2118 patients). Compare this to dentists who see 2951 patients per year, and mental health providers who see 712 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Buchanan County, IA.
2,129 to 1
Patient to Primary Care Physician Ratio in Buchanan County, IA

Primary care physicians in Buchanan County, IA see an average of 2,129 patients per year. This represents a 0.519% increase from the previous year (2,118 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Buchanan County, IA in comparison to its neighboring geographies.

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Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 30.2% under 18 years, 11.9% between 18 and 34 years, 43.3% between 35 and 64 years, and 14.6% over 64 years.

By gender, of the total number of insured persons, 53.2% were men and 46.8% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

8.53%
Uninsured
54.7%
Employer Coverage
8.39%
Medicaid
9.94%
Medicare
13%
Non-Group
5.51%
Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Fairbank, IA declined by 7.86% from 9.26% to 8.53%.

The following chart shows how the percent of uninsured individuals in Fairbank, IA changed over time compared with the percent of individuals enrolled in various types of health insurance.

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