Population 484 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Fairbanks
Household size in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.62 | 2.57 | 2.68 |
| 2010–14 | 2.64 | 2.59 | 2.73 |
| 2015–19 | 2.59 | 2.57 | 2.71 |
| 2020–24 | 2.51 | 2.54 | 2.65 |
| Change | −0.11 | −0.03 | −0.03 |
The average household in Fairbanks has 2.51 people, a bit under the U.S. average of 2.65. Indiana as a whole looks much the same. Household size has dropped from 2.62 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 42.8 | 37.5 | 37.7 |
| 2010–14 | 45.2 | 38.4 | 38.6 |
| 2015–19 | 41.6 | 39.1 | 39.6 |
| 2020–24 | 49.2 | 39.3 | 40.1 |
| Change | +6.5 | +1.7 | +2.3 |
Fairbanks skews older: half of its residents are older than 49.2, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 6.5% | 11.8% | 12.3% |
| 2010–14 | 7.7% | 12.0% | 12.3% |
| 2015–19 | 9.3% | 11.6% | 11.6% |
| 2020–24 | 14.4% | 11.7% | 11.6% |
| Change | +7.9 pts | −0.1 pts | −0.6 pts |
Single parents head about one in seven households in Fairbanks (14.4%), above the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Fairbanks
Renters in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.5% | 28.5% | 33.3% |
| 2010–14 | 13.8% | 30.5% | 35.6% |
| 2015–19 | 12.1% | 30.9% | 36.0% |
| 2020–24 | 17.1% | 29.4% | 34.8% |
| Change | +11.6 pts | +1.0 pts | +1.5 pts |
Only 17.1% of households in Fairbanks rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 55.7% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 11.9% | 11.2% | 11.4% |
| 2010–14 | 10.6% | 11.2% | 11.4% |
| 2015–19 | 13.5% | 10.9% | 11.1% |
| 2020–24 | 8.9% | 9.3% | 9.6% |
| Change | −3.0 pts | −2.0 pts | −1.8 pts |
About as many homes sit empty in Fairbanks as nationally: 8.9%, against 9.6%.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1971 | 1972 | 1974 |
| 2010–14 | 1985 | 1973 | 1975 |
| 2015–19 | 1976 | 1974 | 1977 |
| 2020–24 | 1977 | 1977 | 1980 |
| Change | +6 | +5 | +6 |
Homes in Fairbanks are about the same age as the nation's housing: the median home was built in 1977, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $550 | $763 | $965 |
| 2010–14 | $696 | $819 | $1,040 |
| 2015–19 | $685 | $903 | $1,213 |
| 2020–24 | $1,256 | $1,146 | $1,571 |
| Change | +$706 | +$384 | +$606 |
Rent in Fairbanks runs $1,256 a month at the median, utilities included, well below the U.S. median of $1,571. Even so, rents here are higher than in Indiana overall ($1,146). Rent takes 51.0% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Fairbanks
Bachelor's degrees in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 19.0% | 23.8% | 28.4% |
| 2010–14 | 19.4% | 24.6% | 29.6% |
| 2015–19 | 22.8% | 27.1% | 32.1% |
| 2020–24 | 17.6% | 30.0% | 35.6% |
| Change | −1.4 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Fairbanks: 17.6% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 88.8% | 86.5% | 84.9% |
| 2010–14 | 83.5% | 87.7% | 86.1% |
| 2015–19 | 93.4% | 88.7% | 87.7% |
| 2020–24 | 95.5% | 89.9% | 89.3% |
| Change | +6.7 pts | +3.4 pts | +4.3 pts |
High school completion is high in Fairbanks: 95.5% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Fairbanks
| Period | Fairbanks | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.3% | 8.4% | 8.1% |
| 2010–14 | 7.6% | 8.9% | 9.4% |
| 2015–19 | 7.7% | 4.9% | 5.6% |
| 2020–24 | 2.2% | 4.3% | 5.4% |
| Change | −3.0 pts | −4.1 pts | −2.7 pts |
The job market in Fairbanks has been strong: just 2.2% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Fairbanks compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Fairbanks | 2.51 | 49.2 | 14.4% | 17.1% | 8.9% | 1977 | $1,256 | 17.6% | 95.5% | 2.2% |
| Scott City | 2.43 | 48.1 | 11.0% | 17.0% | 6.7% | 1982 | $1,181 | 13.3% | 91.6% | 4.4% |
| York | 2.88 | 43.2 | 5.6% | 7.0% | 23.8% | 1976 | $1,008 | 21.8% | 96.7% | 6.6% |
| Graysville | 2.50 | 46.4 | 6.5% | 15.8% | 9.6% | 1978 | $1,149 | 26.6% | 92.5% | 1.5% |
| Merom | 2.66 | 43.0 | 4.3% | 10.8% | 7.2% | 1978 | $1,087 | 29.6% | 88.6% | 2.6% |
| West Union | 2.97 | 39.3 | 6.0% | 7.2% | 25.2% | 1981 | $1,196 | 24.0% | 94.9% | 4.5% |
| Prairie Creek | 2.54 | 42.3 | 14.5% | 16.3% | 9.4% | 1977 | $942 | 22.5% | 98.5% | 5.6% |
| Shelburn | 2.17 | 44.8 | 8.8% | 31.4% | 6.5% | 1980 | $894 | 15.0% | 81.2% | 5.4% |
| Vigo | 2.12 | 47.1 | 11.7% | 16.1% | 5.0% | 1958 | $850 | 12.5% | 74.9% | 14.3% |
| Farmersburg | 2.22 | 47.3 | 11.7% | 24.0% | 3.4% | 1969 | $916 | 15.5% | 82.3% | 5.7% |
| Hutsonville | 2.49 | 41.1 | 8.0% | 23.7% | 10.2% | 1966 | $785 | 27.0% | 92.8% | 5.9% |
All figures 2020–24.
Cities with similar populations: Mc Intosh, NM · Quaker Springs, NY · Put-in-Bay, OH · Miles Station, IL · Middle Granville, NY · Merriman, MI · Melton, VA · Melbourne Village, FL · Meadland, WV · McLemoresville, TN
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Fairbanks. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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