Living in Fairhaven, Minnesota
Cost of living, income, home prices, rent and demographics of Fairhaven · Census data 2020–2024
Fairhaven has 255 residents with a median age of 44.2. The median household income is $89,659 (about the same as the Minnesota median), the median home value is $255,600.
Fairhaven is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fairhaven at a glance
- Population
- 255
- Median age
- 44.2State: 38.8
- Median household income
- $89,659State: $89,062
- Median home value
- $255,600State: $329,300
- Homeowners
- 99%
- Bachelor's degree or higher
- 15.7%
- Average commute
- 31 min
Is Fairhaven a good place to live?
Pros: Median household income about the same as the Minnesota median; home values 22% lower than the state median; unemployment of 3.6%.
Cons: An average commute of 31 minutes; a poverty rate of 9.4%.
The weather is best in June to September.
Cost of living in Fairhaven
Housing is the biggest part of the cost of living. In Fairhaven the median home value is $255,600, 23% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,650 a month in housing costs.
Fairhaven median household income
The median household income in Fairhaven is $89,659 and the income per person is $41,793. 9.4% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Fairhaven: homes for sale and rent
- Housing units
- 130
- Owner-occupied
- 99%
- Renter-occupied
- 1%
- Vacant
- 19.2%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.43
Fairhaven demographics
- Population
- 255
- Median age
- 44.2
- Under 18
- 23.9%
- 65 and older
- 21.2%
- Households
- 105
- Foreign-born
- 0%
- Veterans
- 12.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairhaven ›
Education in Fairhaven
15.7% of adults 25 and older in Fairhaven have a bachelor's degree or higher (Minnesota: 39.4%), and 3.7% have a graduate or professional degree.
Jobs and commute in Fairhaven
- Unemployment rate
- 3.6%State: 4.1%
- Average commute
- 31 minState: 23 min
- Work from home
- 12.9%
- Drive alone
- 80.3%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 94.3%
Fairhaven vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairhaven | 255 | $89,659 | $255,600 | — |
| South Haven | 214 | $106,250 | $194,600 | — |
| Kimball | 709 | $66,146 | $232,200 | $779 |
| Annandale | 3,399 | $65,583 | $251,800 | $971 |
| St. Augusta | 3,625 | $140,227 | $388,400 | — |
| Clearwater | 1,970 | $91,346 | $271,800 | $1,091 |
| Kingston | 206 | $100,357 | $221,900 | — |
| Watkins | 765 | $64,896 | $149,100 | $808 |
| Silver Creek | 167 | $51,042 | $418,800 | — |
More for people moving to Fairhaven
Fairhaven ZIP code ›Weather and climate ›Living in Fairhaven: FAQ
What is the median household income in Fairhaven, MN?
The median household income in Fairhaven is $89,659, about the same as the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fairhaven?
The median home value in Fairhaven is $255,600, compared with $329,300 in Minnesota.
Is Fairhaven, MN a good place to live?
Pluses: median household income about the same as the Minnesota median; home values 22% lower than the state median; unemployment of 3.6%. Minuses: an average commute of 31 minutes; a poverty rate of 9.4%.
What is the median age in Fairhaven?
The median age in Fairhaven is 44.2 years (Minnesota: 38.8).
How long is the commute in Fairhaven?
The average commute to work in Fairhaven is 31 minutes; 12.9% of workers work from home.
What is the unemployment rate in Fairhaven?
The unemployment rate in Fairhaven is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairhaven?
15.7% of adults in Fairhaven 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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