Fairport, IA
Population 200 · Iowa
About Fairport, IA
Fairport is a small community located in Iowa with a population of 200 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 70.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fairport features a median home value of $219,700, which is 10% below the national median of $244,900. This positions Fairport in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 163 total housing units, 92% are owner-occupied (79 units) and 8% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fairport shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 35.5%, above the national average of 12.4%. Workers in Fairport have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
4.0% of Fairport residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Fairport, IA
Compared to national averages, Fairport has a median household income of $0 (100% below the national median of $75,149). Home values average $219,700, which is 10% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Fairport's income is 100% below the state average of $67,947, and home values are 66% above the state median of $132,237.
Why Live in Fairport, IA?
Fairport offers affordable housing with a median home value of $219,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Fairport’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fairport has a population of 200 with a median age of 70.4 years. Compare Fairport with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fairport
What is the population of Fairport, IA?
The population of Fairport, IA is 200 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Fairport?
The median household income in Fairport, IA is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Fairport?
The median home value in Fairport, IA is $219,700, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fairport?
The median monthly rent in Fairport, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Fairport?
The unemployment rate in Fairport, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fairport, IA a good place to live?
Fairport offers a moderate cost of living, affordable housing, and a strong job market. With a population of 200 and a median age of 70.4, the city appeals to established professionals and retirees.
How educated is Fairport, IA?
4.0% of residents in Fairport aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Fairport?
Key cost-of-living indicators for Fairport, IA: median home value is $219,700 (10% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Fairport?
The poverty rate in Fairport, IA is 35.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Fairport, IA?
Fairport's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.