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Fairhaven, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
255
Population
$89,659
Median Income
$255,600
Home Value
44.2
Median Age

Demographics

Fairhaven has a population of 255 with a median age of 44.2. Here is the racial and ethnic breakdown of the population:

White
100.0%
Demographic Value
Total Population255
Median Age44.2
White100.0%
Fairhaven, Minnesota — racial composition (Census ACS 2024)Donut chart of 1 segments totaling 100.White: 100.0%255PopulationWhiteWhite100.0%

Income & Economy

The median household income in Fairhaven is $89,659, which is 11.2% above the national median of $80,610. The per capita income is $41,793. The poverty rate is 9.4%.

$89,659
Median Household Income
$41,793
Per Capita Income
9.4%
Poverty Rate

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Education

In Fairhaven, 92.1% of residents age 25+ have a high school diploma or higher, and 15.7% hold a bachelor's degree or higher (3.7% with a graduate or professional degree).

HS Diploma+
92.1%
Bachelor's+
15.7%
Graduate+
3.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.1%
Bachelor's Degree or Higher15.7%
Graduate or Professional Degree3.7%

Housing

The median home value in Fairhaven is $255,600, below the national median of $303,400. The homeownership rate is 99.0%.

$255,600
Median Home Value
99.0%
Homeownership Rate
Housing Metric Value
Median Home Value$255,600
Homeownership Rate99.0%
Vacancy Rate19.2%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Fairhaven, Minnesota?
The population of Fairhaven, Minnesota is 255 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fairhaven, Minnesota?
The median household income in Fairhaven, Minnesota is $89,659. This is 11.2% above the national median of $80,610.
What is the median home value in Fairhaven, Minnesota?
The median home value in Fairhaven, Minnesota is $255,600.
What percentage of people in Fairhaven have a college degree?
In Fairhaven, Minnesota, 15.7% of adults age 25 and older hold a bachelor's degree or higher, and 92.1% have a high school diploma or higher.
Is Fairhaven, Minnesota an affordable place to live?
The home price-to-income ratio in Fairhaven, Minnesota is 2.9x (median home value $255,600 vs. median income $89,659), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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