HomePennsylvaniaFayette CountyFairchance
Fairchance, Pennsylvania: commercial real estate data.
Fairchance is a Census borough of 1,241 people across 1.19 square miles of land, in Fayette County. Median household income is $39,767, 55.2 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Fairchance
What Fairchance is
- Census place typeborough
- Land area1.19 sq mi
- Water area0 sq mi
- Population per square mile of land1,046
- County holding the largest share of its areaFayette County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairchance
How many people live in Fairchance
- Population1,241
- Median age55.8
- Population under 18119 plus or minus 70
- Share under 189.6 percent plus or minus 5.3
- Population 65 and over326 plus or minus 76
- Share 65 and over26.3 percent
- Households672
- Family households369 plus or minus 84
- Share of households that are families54.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairchance
Income and work in Fairchance
- Median household income$39,767 plus or minus $19,330
- Per capita income$33,781
- Civilian labor force531 plus or minus 145
- Employed501 plus or minus 143
- Unemployed30 plus or minus 22
- Unemployment rate5.6 percent plus or minus 3.8
- Adults 25 and over1,080
- Adults 25 and over with a high school diploma or higher92.2 percent plus or minus 22.0
- Adults 25 and over with a bachelor degree or higher16.8 percent plus or minus 5.2
- Adults 25 and over with a graduate degree5.4 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairchance
Housing in Fairchance
- Housing units781
- Occupied units672
- Vacant units109 plus or minus 69
- Vacancy rate14.0 percent plus or minus 8.5
- Owner occupied371 plus or minus 80
- Renter occupied301 plus or minus 85
- Ownership rate55.2 percent
- Median owner-occupied home value$169,100
- Median gross rent, monthly$685
- Annual rent as a share of median income20.7 percent plus or minus 10.2
- Single family units484 plus or minus 100
- Share single family62.0 percent
- Units in buildings of two or more193 plus or minus 77
- Share in buildings of two or more24.7 percent plus or minus 8.9
- Mobile homes104 plus or minus 70
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairchance
How Fairchance gets to work
- Workers 16 and over who commute467 plus or minus 131
- Commuting under 15 minutes141 plus or minus 56
- Share commuting under 15 minutes30.2 percent plus or minus 8.4
- Commuting 30 minutes or more202 plus or minus 87
- Share commuting 30 minutes or more43.3 percent plus or minus 14.1
- Drove alone89.3 percent
- Carpooled8.0 percent plus or minus 6.1
- Public transport1.1 percent plus or minus 1.7
- Walked0.0 percent
- Worked from home1.7 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairchance
SBA loans in Fairchance (7(a))
- Approvals3
- Gross approval$1,668,300
- Average approval$556,100
- Median approval$350,000
- Largest approval$1,218,300
- Jobs supported14
- Jobs per approval4.7
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Fairchance, in any county, FY2020 to FY2026. Only 2 loans have 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.
Fairchance
Flood risk in Fairchance
- NFIP communityBorough of Fairchance
- NFIP community number420463
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/18/17
The Borough of Fairchance participates in the National Flood Insurance Program as community 420463 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.
Fayette County, not Fairchance
Fayette County context, not Fairchance figures
- Establishments in Fayette County2,485
- Covered employment, Fayette County37,892
- Average annual pay, Fayette County$51,069
- Housing units permitted, Fayette County189
Every figure in this section is published for Fayette County as a whole and is not a measurement of Fairchance.
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
Fairchance questions, answered from the record.
How many people live in Fairchance, Pennsylvania?
1,241, in 672 households. Fairchance borough covers 1.19 square miles of land, which is 1,046 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Fairchance in?
Fayette County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Fairchance?
$39,767. The median owner-occupied home is valued at $169,100. Median gross rent is $685 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Fairchance businesses?
3 7(a) approvals totaling $1.7 m since FY2020, across 2 lenders, median approval $350,000. These count approvals to borrowers whose address is in Fairchance, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Fairchance borrowers get paid back?
No rate is published for Fairchance. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Fairchance in the National Flood Insurance Program?
Yes. Fairchance appears in the FEMA Community Status Book as Fairchance, borough of, community 420463, 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 Fairchance figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fayette 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 Fairchance.
Is zoning published for Fairchance?
No. Nothing on this page presents parcel level zoning.