HomeIowaBuchanan CountyFairbank
Fairbank, Iowa: commercial real estate data.
Fairbank 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 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 loans in Fairbank (7(a))
- Approvals1
- Gross approval$500,000
- Average approval$500,000
- Median 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
Counted by borrower city: approvals to borrowers whose address is in Fairbank, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fairbank
Flood risk in Fairbank
- NFIP communityCity of Fairbank
- NFIP community number190329
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/30/20(M)
The City of Fairbank participates in the National Flood Insurance Program as community 190329 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Buchanan County, not Fairbank
Buchanan County context, not Fairbank figures
- Establishments in Buchanan County490
- Covered employment, Buchanan County6,619
- Average annual pay, Buchanan County$50,047
- Housing units permitted, Buchanan County31
Every figure in this section is published for Buchanan County as a whole and is not a measurement of Fairbank.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $500,000 since FY2020, 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 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Fairbank in the National Flood Insurance Program?
Yes. Fairbank appears in the FEMA Community Status Book as Fairbank, city of, community 190329, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Fairbank figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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