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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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents