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Fairfax, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Fairfax, Minnesota had a total population of 1,088, the 350th largest city in Minnesota, with a median household income of $60,172, which is 32% lower than the state average. The poverty rate is 19.6%.

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

Key Takeaways

Fairfax Quick Facts

Population 1,088
Median Household Income $60,172
Median Home Value $116,300
Poverty Rate 19.6%
Unemployment Rate 1.9%
Median Age 40.9 years
Homeownership Rate 79.7%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 9.2%
High School Graduation Rate 82.3%
Diversity Index 35/100
Population 1,088 350th of 914
Median Income $60,172 below average
Poverty Rate 19.6% 58% higher than national
Median Home Value $116,300 bottom 30%

How Fairfax 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
Population1,1341,088-4.1%
Median household income$53,750$60,172+11.9%
Median home value$99,800$116,300+16.5%

How Fairfax Compares

Economy & Housing

Household Income Distribution

Under $25K 20.8%
$25K-$50K 20.8%
$50K-$100K 36.0%
$100K+ 22.3%
Detailed income brackets
Under $10K
5.9%
$10K-$15K
6.9%
$15K-$20K
3.2%
$20K-$25K
4.9%
$25K-$30K
8.3%
$30K-$35K
5.6%
$35K-$40K
2.2%
$40K-$45K
3.4%
$45K-$50K
1.2%
$50K-$60K
7.8%
$60K-$75K
17.4%
$75K-$100K
10.8%
$100K-$125K
6.9%
$125K-$150K
4.2%
$150K-$200K
8.1%
$200K+
3.2%

Employment

1.9% Unemployment Rate State: 4.1%|National: 5.2%
57.3% Labor Force Participation

Housing Overview

Owner 79.7%
Renter 20.3%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $432/mo 8.6% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

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

State average: 41 | National average: 61

Education

Fairfax Rankings in Minnesota

#350 Population of 914
#601 Median Income of 887
#793 Education of 914
#659 Home Value of 870

Other Cities in Renville County

CityPopulationMedian IncomePovertyHome Value
Olivia 2,205 $63,098 13.4% $159,200
Renville 1,503 $69,306 13.1% $126,400
Hector 1,130 $63,362 8.8% $132,000
Bird Island 930 $75,833 7.7% $142,100
Buffalo Lake 635 $66,167 20.1% $113,400
Franklin 526 $51,500 16.1% $89,800
Sacred Heart 481 $70,667 11.8% $85,700
Danube 472 $61,944 2.3% $141,300
Morton 384 $53,036 11.0% $78,100

Cities Similar to Fairfax

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Tyler1,090$65,500$151,10024.5%10.5%
Hector1,130$63,362$132,00012.1%8.8%
Sherburn1,015$59,777$106,90017.7%22.7%
Buhl1,022$58,750$127,70020.4%3.8%
Edgerton1,104$68,894$132,10027.5%5.1%

Population Overview

Fairfax is a small community located in Minnesota, within Renville County. The total population is 1,088. It ranks as the 350th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Fairfax is 40.9 years. This is 5% higher than the state median of 38.8 years. 17.1% 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 Fairfax is $60,172. This is 32% lower than the state median of $89,062. It is also 25% lower than the national median of $80,734. The poverty rate stands at 19.6%. This is 111% higher than the state poverty rate of 9.3%. The unemployment rate is 1.9%. This is 54% lower than the state rate of 4.1%. The median home value is $116,300. Housing costs are 65% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.9x, Fairfax is one of the most affordable housing markets in the area. 79.7% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Fairfax is White (non-Hispanic), making up 78.5% of the population. Hispanic or Latino residents account for 16.8%. The Hispanic or Latino population is significantly higher than the state average (16.8% vs 6.4%). The Asian population (2.3%) is well below the state average of 5.1%.

Education

9.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.3%.

Data Sources & Methodology

All demographic data for Fairfax, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. 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 Fairfax, Minnesota?

Fairfax, Minnesota has a population of 1,088 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fairfax, MN?

The median household income in Fairfax is $60,172, which is 25% lower than the national median of $80,734.

What is the poverty rate in Fairfax, MN?

The poverty rate in Fairfax is 19.6%. This means approximately 201 residents live below the federal poverty line.

What is the racial makeup of Fairfax, Minnesota?

Fairfax's population is 78.5% White, 0.0% Black, 16.8% Hispanic/Latino, and 2.3% Asian.

What is the median home value in Fairfax, MN?

The median home value in Fairfax is $116,300. The home-value-to-income ratio is 1.9x.

How educated is Fairfax, Minnesota?

9.2% of adults (25+) in Fairfax hold a bachelor's degree or higher, and 0.8% hold a graduate or professional degree.