Living in Fairfax, Missouri

Cost of living, income, home prices, rent and demographics of Fairfax · Census data 2020–2024

Fairfax has 702 residents with a median age of 47.2. The median household income is $56,250 (20% lower than the Missouri median), the median home value is $90,500, the median rent is $550/month.

Fairfax is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Fairfax at a glance

Population
702
Median age
47.2State: 39
Median household income
$56,250State: $70,702
Median home value
$90,500State: $230,300
Median rent
$550/moState: $1,033
Homeowners
72.8%
Bachelor's degree or higher
12.1%
Average commute
24 min

Is Fairfax a good place to live?

Pros: Home values 61% lower than the state median; an average commute of 24 minutes; unemployment of 2.7%.

Cons: Median household income 20% lower than the Missouri median; a poverty rate of 12.7%.

The weather is best in May to July and September.

Cost of living in Fairfax

Housing is the biggest part of the cost of living. In Fairfax the median home value is $90,500, 73% lower than the U.S. median. Renters pay a median of $550 per month, which is 19.2% of household income. Homeowners with a mortgage pay $1,012 a month in housing costs.

Median home value

Fairfax$90,500
Missouri$230,300
United States$332,700

Median monthly rent

Fairfax$550
Missouri$1,033
United States$1,413

Fairfax median household income

The median household income in Fairfax is $56,250 and the income per person is $31,567. 12.7% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Fairfax$56,250
Missouri$70,702
United States$80,734

Housing in Fairfax: homes for sale and rent

Housing units
373
Owner-occupied
72.8%
Renter-occupied
27.2%
Vacant
19.3%Includes seasonal homes
Median year built
1958
Average household size
2.33

Fairfax demographics

Population
702
Median age
47.2
Under 18
17.1%
65 and older
23.1%
Households
301
Foreign-born
1.6%
Veterans
12.4%Adults 18+

Race and ethnicity

White88.3%
Hispanic or Latino1.6%
Black0.3%
Asian0%

Hispanic or Latino can be of any race. Population history of Fairfax ›

Education in Fairfax

12.1% of adults 25 and older in Fairfax have a bachelor's degree or higher (Missouri: 32.4%), and 1.6% have a graduate or professional degree.

Bachelor's degree or higher

Fairfax12.1%
Missouri32.4%
United States35.7%

Jobs and commute in Fairfax

Unemployment rate
2.7%State: 4%
Average commute
24 minState: 24 min
Work from home
4.1%
Drive alone
84.2%
Public transit
4.4%
Walk to work
0%
Homes with broadband
88.7%

Fairfax vs nearby towns

TownPopulationMedian incomeHome valueRent
Fairfax702$56,250$90,500$550
Tarkio1,471$56,927$87,800$660
Rock Port1,221$45,815$115,600$666
Craig113$37,292$44,400$810
Westboro106$28,125$34,300—
Mound City1,066$62,468$146,300$688
Skidmore189$55,313$61,900$900
Shubert214$37,500$61,300$850

More for people moving to Fairfax

Fairfax ZIP code ›Weather and climate ›

Living in Fairfax: FAQ

What is the median household income in Fairfax, MO?

The median household income in Fairfax is $56,250, 20% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Fairfax?

The median home value in Fairfax is $90,500, compared with $230,300 in Missouri.

How much is rent in Fairfax?

The median gross rent in Fairfax is $550 per month, about 19.2% of household income.

Is Fairfax, MO a good place to live?

Pluses: home values 61% lower than the state median; an average commute of 24 minutes; unemployment of 2.7%. Minuses: median household income 20% lower than the Missouri median; a poverty rate of 12.7%.

What is the median age in Fairfax?

The median age in Fairfax is 47.2 years (Missouri: 39).

How long is the commute in Fairfax?

The average commute to work in Fairfax is 24 minutes; 4.1% of workers work from home.

What is the unemployment rate in Fairfax?

The unemployment rate in Fairfax is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Fairfax?

12.1% of adults in Fairfax 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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