HomeIowaBuchanan CountyFairbank city
Fairbank city, Iowa: commercial real estate data.
Fairbank city is a Census city of 1,275 people across 0.74 square miles of land, lying across Buchanan County and Fayette County. Median household income is $89,712, 80.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $500,000.
67 sourced place values · tier FULL · 7 sections
Fairbank
What Fairbank is
- Census place typecity
- Land area0.74 sq mi
- Water area0.02 sq mi
- Population per square mile of land1,721 plus or minus 386
- County holding the largest share of its areaBuchanan County, 69.8 percent
- Counties this place lies inBuchanan County 69.8 percent, Fayette County 30.2 percent
Fairbank city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbank
How many people live in Fairbank
- Population1,275 plus or minus 286
- Median age42.1
- Population under 18327 plus or minus 100
- Share under 1825.6 percent plus or minus 5.4
- Population 65 and over213 plus or minus 49
- Share 65 and over16.7 percent
- Households507
- Family households380 plus or minus 90
- Share of households that are families75.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbank
Income and work in Fairbank
- Median household income$89,712 plus or minus $28,185
- Per capita income$40,260
- Civilian labor force653 plus or minus 156
- Employed644 plus or minus 153
- Unemployed9 plus or minus 15
- Unemployment rate1.4 percent plus or minus 2.3
- Adults 25 and over902 plus or minus 194
- Adults 25 and over with a high school diploma or higher92.6 percent plus or minus 25.8
- Adults 25 and over with a bachelor degree or higher19.5 percent plus or minus 5.1
- Adults 25 and over with a graduate degree4.1 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbank
Housing in Fairbank
- Housing units533
- Occupied units507
- Vacant units26 plus or minus 28
- Vacancy rate4.9 percent plus or minus 5.2
- Owner occupied407 plus or minus 85
- Renter occupied100 plus or minus 50
- Ownership rate80.3 percent
- Median owner-occupied home value$186,900
- Median gross rent, monthly$686
- Annual rent as a share of median income9.2 percent plus or minus 3.3
- Single family units440
- Share single family82.6 percent
- Units in buildings of two or more74 plus or minus 53
- Share in buildings of two or more13.9 percent plus or minus 9.6
- Mobile homes19 plus or minus 16
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbank
How Fairbank gets to work
- Workers 16 and over who commute580 plus or minus 138
- Commuting under 15 minutes218 plus or minus 78
- Share commuting under 15 minutes37.6 percent plus or minus 10.0
- Commuting 30 minutes or more265 plus or minus 78
- Share commuting 30 minutes or more45.7 percent
- Drove alone82.1 percent
- Carpooled4.4 percent plus or minus 2.9
- Public transport0.0 percent
- Walked0.6 percent plus or minus 0.8
- Worked from home9.7 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbank
SBA 7(a) lending to Fairbank borrowers
- Approvals1
- Gross approval$500,000
- Average approval$500,000
- Median approval$500,000
- Ninetieth percentile approval$500,000
- Largest approval$500,000
- Jobs supported25
- Jobs per approval25.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term49 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Buchanan County, not Fairbank
Buchanan County context, not Fairbank figures
These are Buchanan County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Fairbank measurements.
- Establishments in Buchanan County490
- Employment at those establishments, Buchanan County5,387
- Covered employment, Buchanan County6,619
- Average annual pay, Buchanan County$50,047
- Average weekly wage, Buchanan County$962
- Housing units permitted, Buchanan County31
- Of those, single family, Buchanan County27
- County product, 2024, Buchanan County$1,087,017,000
- County product change over the prior year, Buchanan County1.6 percent
- Average income of an arriving household, Buchanan County$50,944
Every figure in this section is published for Buchanan County as a whole and is not a measurement of Fairbank. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Fairbank questions, answered from the record.
How many people live in Fairbank, Iowa?
1,275, in 507 households. Fairbank city covers 0.74 square miles of land, which is 1,721 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Fairbank in?
Fairbank lies in more than one. By area it is 69.8 percent in Buchanan County, 30.2 percent in Fayette County. This page sits under Buchanan County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Fairbank?
$89,712. The median owner-occupied home is valued at $186,900. Median gross rent is $686 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Fairbank businesses?
1 7(a) approvals totalling $500,000, across 1 lenders, median approval $500,000. These count approvals to borrowers whose address is in Fairbank, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Fairbank borrowers get paid back?
No rate is published for Fairbank. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Fairbank figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Buchanan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Fairbank.
Is zoning published for Fairbank?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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