Fairfax city, Iowa Demographics & Population 2026
As of 2026, Fairfax city, Iowa has a total population of 2,865, the 124th largest city in Iowa, with a median household income of $120,552, which is 65% higher than the state average. The poverty rate is 5.1%.
Key Takeaways
- Household income is 65% above the state average — one of the wealthiest communities in Iowa.
- 36.9% of adults hold a bachelor's degree or higher — top 10% in Iowa.
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
- Near full employment with an unemployment rate of just 1.7%.
Fairfax city Quick Facts
How Fairfax city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 30 | National average: 60
Education
Educational Attainment (Adults 25+)
Fairfax city Rankings in Iowa
Explore Iowa Rankings
Cities Similar to Fairfax city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Park View CDP | 2,861 | $106,429 | $276,500 | 52.5% | 2.0% |
| Hudson city | 2,614 | $119,327 | $234,500 | 39.6% | 4.6% |
| Solon city | 3,092 | $111,597 | $305,300 | 41.3% | 1.8% |
| Robins city | 3,349 | $122,500 | $370,500 | 56.5% | 8.2% |
| Madrid city | 2,803 | $86,915 | $185,100 | 22.6% | 7.4% |
Population Overview
Fairfax city is a small community located in Iowa. The total population is 2,865. It ranks as the 124th most populous out of 1,018 cities and towns in Iowa.
Age Demographics
The median age in Fairfax city is 37.1 years. This is 4% lower than the state median of 38.6 years. With 29.8% of the population under 18, Fairfax city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Fairfax city is $120,552. This is 65% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 53% higher. The poverty rate stands at 5.1%. This is 54% lower than the state poverty rate of 11.0%. The unemployment rate is 1.7%. This is 53% lower than the state rate of 3.6%. The median home value is $278,800. Housing costs are 42% higher than the state median of $195,900. With a home-value-to-income ratio of just 2.3x, Fairfax city is one of the most affordable housing markets in the area. 93.2% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 71.5%.
Race & Ethnicity
Fairfax city has a predominantly White (non-Hispanic) population, comprising 87.2% of all residents. Hispanic or Latino residents account for 5.5%. The Asian population (0.6%) is well below the state average of 2.4%.
Education
36.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Fairfax city in the top 10% of all cities in the state for educational attainment. This is 20% higher than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.1%.
Data Sources & Methodology
All demographic data for Fairfax city, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Fairfax city, Iowa?
Fairfax city, Iowa has a population of 2,865 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Fairfax city, IA?
The median household income in Fairfax city is $120,552, which is 53% higher the national median of $78,538.
What is the poverty rate in Fairfax city, IA?
The poverty rate in Fairfax city is 5.1%. This means approximately 145 residents live below the federal poverty line.
What is the racial makeup of Fairfax city, Iowa?
Fairfax city's population is 87.2% White, 2.9% Black, 5.5% Hispanic/Latino, and 0.6% Asian.
What is the median home value in Fairfax city, IA?
The median home value in Fairfax city is $278,800. The home-value-to-income ratio is 2.3x.
How educated is Fairfax city, Iowa?
36.9% of adults (25+) in Fairfax city hold a bachelor's degree or higher, and 11.4% hold a graduate or professional degree.