Living in Fairfield, Iowa
Cost of living, income, home prices, rent and demographics of Fairfield · Census data 2020–2024
Fairfield has 9,456 residents with a median age of 40. The median household income is $51,311 (32% lower than the Iowa median), the median home value is $156,000, the median rent is $870/month.
Fairfield at a glance
- Population
- 9,456
- Median age
- 40State: 38.6
- Median household income
- $51,311State: $75,059
- Median home value
- $156,000State: $208,000
- Median rent
- $870/moState: $972
- Homeowners
- 60%
- Bachelor's degree or higher
- 52.9%
- Average commute
- 13 min
Is Fairfield a good place to live?
Pros: Home values 25% lower than the state median; an average commute of 13 minutes.
Cons: Median household income 32% lower than the Iowa median; unemployment of 11.8%; a poverty rate of 20.7%.
The weather is best in June to September.
Cost of living in Fairfield
Housing is the biggest part of the cost of living. In Fairfield the median home value is $156,000, 53% lower than the U.S. median. Renters pay a median of $870 per month, which is 35.7% of household income. Homeowners with a mortgage pay $1,385 a month in housing costs.
Fairfield median household income
The median household income in Fairfield is $51,311 and the income per person is $36,189. 20.7% of residents live below the poverty line (Iowa: 11.1%).
Housing in Fairfield: homes for sale and rent
- Housing units
- 4,631
- Owner-occupied
- 60%
- Renter-occupied
- 40%
- Vacant
- 11.1%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.05
Fairfield demographics
- Population
- 9,456
- Median age
- 40
- Under 18
- 15.2%
- 65 and older
- 26.6%
- Households
- 4,115
- Foreign-born
- 20.4%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairfield ›
Education in Fairfield
52.9% of adults 25 and older in Fairfield have a bachelor's degree or higher (Iowa: 31.4%), and 22.8% have a graduate or professional degree.
Jobs and commute in Fairfield
- Unemployment rate
- 11.8%State: 3.6%
- Average commute
- 13 minState: 20 min
- Work from home
- 25%
- Drive alone
- 60.1%
- Public transit
- 0%
- Walk to work
- 6%
- Homes with broadband
- 88.4%
Fairfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairfield | 9,456 | $51,311 | $156,000 | $870 |
| Maharishi Vedic City | 282 | $66,875 | $325,000 | $1,096 |
| Libertyville | 324 | $76,131 | $162,500 | $983 |
| Birmingham | 454 | $65,000 | $96,300 | $421 |
| Batavia | 536 | $56,250 | $111,600 | $1,021 |
| Packwood | 539 | $51,500 | $80,000 | $722 |
| Lockridge | 452 | $113,750 | — | $1,118 |
| Stockport | 210 | $53,125 | $57,500 | $631 |
| Richland | 544 | $60,446 | $135,700 | — |
More for people moving to Fairfield
Fairfield ZIP code ›Weather and climate ›Living in Fairfield: FAQ
What is the median household income in Fairfield, IA?
The median household income in Fairfield is $51,311, 32% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fairfield?
The median home value in Fairfield is $156,000, compared with $208,000 in Iowa.
How much is rent in Fairfield?
The median gross rent in Fairfield is $870 per month, about 35.7% of household income.
Is Fairfield, IA a good place to live?
Pluses: home values 25% lower than the state median; an average commute of 13 minutes. Minuses: median household income 32% lower than the Iowa median; unemployment of 11.8%; a poverty rate of 20.7%.
What is the median age in Fairfield?
The median age in Fairfield is 40 years (Iowa: 38.6).
How long is the commute in Fairfield?
The average commute to work in Fairfield is 13 minutes; 25% of workers work from home.
What is the unemployment rate in Fairfield?
The unemployment rate in Fairfield is 11.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairfield?
52.9% of adults in Fairfield 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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