IA area data
Fairbank, IA
Fairbank, IA.
Population: 2,082 (Census ACS)
Home values & appreciation
- Median home value
- $283,204
- 1-year appreciation
- +7.8%
- 3-year appreciation
- +16.6%
- 5-year appreciation
- +38.7%
- 10-year appreciation
- +79.3%
- All-time peak (2026-07)
- $283,204
- House Price Index
- 379.0 (+3.7% YoY)
Affordability
- Cost of living index (Low)
- 89.5 (100 = US avg)
- Electricity rate (state-level)
- 13.7¢/kWh
- Natural gas rate (state-level)
- $10.60/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 5
- Elementary schools
- 4
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- drought, hail
Climate (30-year normals)
- Annual precipitation
- 41.5 in
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Effigy Mounds National Monument (53 mi)
- Nearest airport
- Oelwein Municipal Airport (7 mi)
- Nearest major airport
- Waterloo Regional Airport (ALO) (21 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- +36 tax filers
Housing stock
- Median year housing built
- 1,971
- Median annual property tax
- $2,343
- Mean commute to work
- 23 min
- Households with broadband internet
- 65.4%
Employment & development
- Total county employment
- 5,081
- Average weekly wage
- $920
- Top industries (by employment)
- Health Care, Construction, Accommodation & Food
- Annual residential building permits (county)
- 27
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →