Fairbank, IA Profile: Facts, Map & Data

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Fairbank, Iowa - Basic Facts

The City of Fairbank had a population of 1,163 as of July 1, 2016. Fairbank ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Fairbank is located at latitude 42.6401 and longitude -92.0478 in Buchanan County. The formal boundaries for the City of Fairbank (see map below) encompass a land area of 0.71 sq. miles and a water area of 0.02 sq. miles. Buchanan County is in the Central time zone (GMT -6). The elevation is 984 feet.

While the primary coordinates for City of Fairbank are located in Buchanan County, it should be noted that the formal boundaries for this community also extend into and Fayette County.

The City of Fairbank (GNIS ID: 2394725) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Fairbank is located within Township of Fairbank, a minor civil division (MCD) of Buchanan County.

Beneath the boundary map are tables with Fairbank population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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City of Fairbank, IA Boundary Map



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Boundary Maps: Township of Fairbank | Buchanan County | Iowa Counties

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Fairbank, IA Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 1,163
Population in Households 1,163
Population in Familes 1,017
Population in Group Qrtrs 0
Population Density1 1,630
Diversity Index2 6
 

HOUSEHOLDS

Total Households 481
Average Household Size 2.42
Family Households 346
Average Family Size 3

HOUSING

Total Housing Units 501 (100%)
Owner Occupied HU 371 (74.1%)
Renter Occupied HU 109 (21.8%)
Vacant Housing Units 20 ( 4.0%)
Median Home Value $149,779
Average Home Value $194,137
 

INCOME

Median Household Income $58,876
Average Household Income $71,048
Per Capita Income $24,475
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.71% 0.54%
Households 0.68% 0.53%
Families 1.93% 0.51%
Median Household Income   2.13%
Per Capita Income   1.59%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Fairbank, IA - Peer Comparisons by Rank and Percentile

The table below compares Fairbank to the other 1,009 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 253 75th
Population Density1 # 67 93rd
Diversity Index2 # 789 22nd
Median Household Income # 250 75th
Per Capita Income # 726 28th

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.