Fairbanks, IN
Population 324 · Indiana
About Fairbanks, IN
Fairbanks is a small community in Indiana with a population of 324 residents. The median household income is $87,273 per year, which is above the national average. The median age in Fairbanks is 26.7 years.
Housing in Fairbanks has a median home value of $0 and median monthly rent of $0. Of the 84 total housing units, the majority are owner-occupied, with 84 owner-occupied and 0 renter-occupied units.
The unemployment rate in Fairbanks is 29.4% and the poverty rate is 20.7%. 0.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Fairbanks, IN
Compared to national averages, Fairbanks has a median household income of $87,273 (16% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Fairbanks's income is 26% above the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Fairbanks, IN?
Fairbanks offers a strong local economy with a median household income of $87,273, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features short commute times averaging just 0 minutes.
Fairbanks has a population of 324 with a median age of 26.7 years. Compare Fairbanks with other cities to see how it stacks up, or explore all cities in Indiana.
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fairbanks
What is the population of Fairbanks, IN?
The population of Fairbanks, IN is 324 according to the latest Census data.
What is the median household income in Fairbanks?
The median household income in Fairbanks, IN is $87,273 per year.
What is the median home value in Fairbanks?
The median home value in Fairbanks, IN is $0.
What is the average rent in Fairbanks?
The median monthly rent in Fairbanks, IN is $0.
What is the unemployment rate in Fairbanks?
The unemployment rate in Fairbanks, IN is 29.4%.