Living in Fairland, Indiana
Cost of living, income, home prices, rent and demographics of Fairland · Census data 2020–2024
Fairland has 660 residents with a median age of 43.5. The median household income is $42,083 (42% lower than the Indiana median), the median home value is $186,600, the median rent is $883/month.
Fairland is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fairland at a glance
- Population
- 660
- Median age
- 43.5State: 38.1
- Median household income
- $42,083State: $71,957
- Median home value
- $186,600State: $218,200
- Median rent
- $883/moState: $1,062
- Homeowners
- 89.4%
- Bachelor's degree or higher
- 15.1%
- Average commute
- 31 min
Is Fairland a good place to live?
Pros: Home values 14% lower than the state median; a poverty rate of 11.4%.
Cons: Median household income 42% lower than the Indiana median; an average commute of 31 minutes; unemployment of 5.7%.
The weather is best in May and August to October.
Cost of living in Fairland
Housing is the biggest part of the cost of living. In Fairland the median home value is $186,600, 44% lower than the U.S. median. Renters pay a median of $883 per month, which is 32.6% of household income. Homeowners with a mortgage pay $1,184 a month in housing costs.
Fairland median household income
The median household income in Fairland is $42,083 and the income per person is $32,563. 11.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Fairland: homes for sale and rent
- Housing units
- 338
- Owner-occupied
- 89.4%
- Renter-occupied
- 10.6%
- Vacant
- 2.1%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.98
Fairland demographics
- Population
- 660
- Median age
- 43.5
- Under 18
- 21.7%
- 65 and older
- 30.3%
- Households
- 331
- Foreign-born
- 1.2%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairland ›
Education in Fairland
15.1% of adults 25 and older in Fairland have a bachelor's degree or higher (Indiana: 29.5%), and 2.9% have a graduate or professional degree.
Jobs and commute in Fairland
- Unemployment rate
- 5.7%State: 4.3%
- Average commute
- 31 minState: 24 min
- Work from home
- 11.1%
- Drive alone
- 78.2%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 81.9%
Fairland vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairland | 660 | $42,083 | $186,600 | $883 |
| Boggstown | 597 | $68,321 | $201,400 | — |
| Shelbyville | 20,296 | $55,602 | $174,700 | $995 |
| Marion | 276 | $71,563 | $275,800 | — |
| Pleasant View | 611 | $196,063 | $372,500 | — |
| Carrollton | 267 | $125,882 | $360,400 | — |
| New Palestine | 3,227 | $96,923 | $357,500 | $1,129 |
| Morristown | 1,134 | $53,250 | $162,000 | $902 |
| Whiteland | 5,173 | $96,944 | $232,100 | $1,661 |
More for people moving to Fairland
Fairland ZIP code ›Weather and climate ›Living in Fairland: FAQ
What is the median household income in Fairland, IN?
The median household income in Fairland is $42,083, 42% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fairland?
The median home value in Fairland is $186,600, compared with $218,200 in Indiana.
How much is rent in Fairland?
The median gross rent in Fairland is $883 per month, about 32.6% of household income.
Is Fairland, IN a good place to live?
Pluses: home values 14% lower than the state median; a poverty rate of 11.4%. Minuses: median household income 42% lower than the Indiana median; an average commute of 31 minutes; unemployment of 5.7%.
What is the median age in Fairland?
The median age in Fairland is 43.5 years (Indiana: 38.1).
How long is the commute in Fairland?
The average commute to work in Fairland is 31 minutes; 11.1% of workers work from home.
What is the unemployment rate in Fairland?
The unemployment rate in Fairland is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairland?
15.1% of adults in Fairland have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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