Last updated: 2024 BLS data · Page refreshed:
Fairchance has a population of 1,241 with a median age of 55.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,241 |
| Median Age | 55.8 |
| White | 96.9% |
| Black or African American | 0.6% |
| Other / Two or More Races | 2.5% |
The median household income in Fairchance is $39,767, which is 50.7% below the national median of $80,610. The per capita income is $33,781. The poverty rate is 23.2%.
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In Fairchance, 92.2% of residents age 25+ have a high school diploma or higher, and 16.8% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.2% |
| Bachelor's Degree or Higher | 16.8% |
| Graduate or Professional Degree | 5.4% |
The median home value in Fairchance is $169,100, below the national median of $303,400. The median monthly rent is $685. The homeownership rate is 55.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $169,100 |
| Median Monthly Rent | $685 |
| Homeownership Rate | 55.2% |
| Vacancy Rate | 14.0% |
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