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Fairland, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Fairland, Indiana had a total population of 660, the 446th largest town in Indiana, with a median household income of $42,083, which is 42% lower than the state average. The poverty rate is 11.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Fairland Quick Facts

Population 660
Median Household Income $42,083
Median Home Value $186,600
Poverty Rate 11.4%
Unemployment Rate 5.7%
Median Age 43.5 years
Homeownership Rate 89.4%
Affordability Ratio 4.4x
Bachelor's Degree or Higher 15.1%
High School Graduation Rate 95.2%
Diversity Index 8/100
Population 660 446th of 967
Median Income $42,083 bottom 10%
Poverty Rate 11.4% 9% lower than national
Median Home Value $186,600 above average

How Fairland Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population626660+5.4%
Median household income$47,500$42,083-11.4%
Median home value$179,900$186,600+3.7%

How Fairland Compares

Economy & Housing

Household Income Distribution

Under $25K 10.3%
$25K-$50K 41.4%
$50K-$100K 27.8%
$100K+ 20.5%
Detailed income brackets
Under $10K
2.1%
$10K-$15K
0.0%
$15K-$20K
2.1%
$20K-$25K
6.0%
$25K-$30K
23.9%
$30K-$35K
8.8%
$35K-$40K
6.3%
$40K-$45K
0.9%
$45K-$50K
1.5%
$50K-$60K
5.7%
$60K-$75K
7.2%
$75K-$100K
14.8%
$100K-$125K
10.9%
$125K-$150K
3.6%
$150K-$200K
4.2%
$200K+
1.8%

Employment

5.7% Unemployment Rate State: 4.3%|National: 5.2%
51.1% Labor Force Participation

Housing Overview

Owner 89.4%
Renter 10.6%
Affordability Index Moderate
4.4x home value to income ratio
Median gross rent $883/mo 25.2% of median household income annually

People & Demographics

Diversity Index

8out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Fairland Rankings in Indiana

#446 Population of 967
#745 Median Income of 796
#460 Education of 966
#270 Home Value of 818

Other Cities in Shelby County

CityPopulationMedian IncomePovertyHome Value
Shelbyville 20,296 $55,602 21.5% $174,700
Morristown 1,134 $53,250 14.1% $162,000
St. Paul 887 $60,938 6.1% $112,200
Waldron 606 $80,441 7.2% $165,900

Cities Similar to Fairland

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Van Bibber Lake658$37,315$65,5003.4%14.3%
Shoals679$38,333$151,5009.2%20.5%
Mount Summit713N/A$214,10017.2%4.9%
Everton610N/A$114,3001.3%9.3%
San Pierre727N/A$193,6009.3%1.8%

A note before these figures: with a population of 660, Fairland's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Fairland is a small community located in Indiana, within Shelby County. The total population is 660. It ranks as the 446th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Fairland is 43.5 years. This is 14% higher than the state median of 38.1 years. 20.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Fairland is $42,083. This is 42% lower than the state median of $71,957. It is also 48% lower than the national median of $80,734. The poverty rate stands at 11.4%. This is 8% lower than the state poverty rate of 12.3%. The unemployment rate is 5.7%. This is 34% higher than the state rate of 4.3%. The median home value is $186,600. Housing costs are 14% lower than the state median of $218,200. The home-value-to-income ratio is 4.4x. 89.4% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 70.5%.

Race & Ethnicity

Fairland has a predominantly White (non-Hispanic) population, comprising 95.6% of all residents. Hispanic or Latino residents account for 3.0%. The Black or African American population (0.3%) is well below the state average of 9.1%. The Hispanic or Latino population (3.0%) is well below the state average of 8.6%.

Education

15.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%.

Data Sources & Methodology

All demographic data for Fairland, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Fairland, Indiana?

Fairland, Indiana has a population of 660 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fairland, IN?

The median household income in Fairland is $42,083, which is 48% lower than the national median of $80,734.

What is the poverty rate in Fairland, IN?

The poverty rate in Fairland is 11.4%. This means approximately 75 residents live below the federal poverty line.

What is the racial makeup of Fairland, Indiana?

Fairland's population is 95.6% White, 0.3% Black, 3.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Fairland, IN?

The median home value in Fairland is $186,600. The home-value-to-income ratio is 4.4x.

How educated is Fairland, Indiana?

15.1% of adults (25+) in Fairland hold a bachelor's degree or higher, and 2.9% hold a graduate or professional degree.