Last updated: 2024 BLS data · Page refreshed:
Fairbank has a population of 1,275 with a median age of 42.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,275 |
| Median Age | 42.1 |
| White | 90.0% |
| Black or African American | 0.3% |
| Other / Two or More Races | 9.7% |
The median household income in Fairbank is $89,712, which is 11.3% above the national median of $80,610. The per capita income is $40,260. The poverty rate is 4.1%.
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In Fairbank, 92.6% of residents age 25+ have a high school diploma or higher, and 19.5% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.6% |
| Bachelor's Degree or Higher | 19.5% |
| Graduate or Professional Degree | 4.1% |
The median home value in Fairbank is $186,900, below the national median of $303,400. The median monthly rent is $686. The homeownership rate is 80.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $186,900 |
| Median Monthly Rent | $686 |
| Homeownership Rate | 80.3% |
| Vacancy Rate | 4.9% |
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