Fairbanks CDP, Indiana Demographics & Population 2026

Population Overview

Fairbanks CDP is a small community located in Indiana. The total population is 324. It ranks as the 597th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Fairbanks CDP is 26.7 years. This is 30% lower than the state median of 38.0 years. Only 9.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Fairbanks CDP is $87,273. This is 25% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 11% higher. The poverty rate stands at 20.7%. This is 70% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 29.4%. This is 583% higher than the state rate of 4.3%. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Fairbanks CDP is White (non-Hispanic), making up 79.3% of the population. Black or African American residents account for 20.7%. The Black or African American population is significantly higher than the state average (20.7% vs 9.1%).

Education

0.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 100% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%.

Data Sources & Methodology

All demographic data for Fairbanks CDP, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.