Population
324 residents
Census ACS 2023 - Indiana
City profile · Indiana · Census ACS 2023
Fairbanks, IN
Population, income, housing, safety, climate and schools for Fairbanks - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.
- 324
- Residents
- $87,273
- Median income
- $1,028
- Median rent (state)
Fairbanks - the verdict
Nationally, Fairbanks sits in the 68th percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.
- 68th
- percentile, household income
- 22nd
- percentile, median rent
📝 How we sourced this
Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.
Data Snapshot: Fairbanks, IN
324 people live in Fairbanks, Indiana - a small town by U.S. Census Bureau ACS 2023 estimates. Fairbanks households earn a median of $87,273 annually, above the median for U.S. cities on this measure, with a poverty rate of 0.0%. The median resident age is 26.7 years. About 0.0% of adults hold a bachelor's degree or higher, while 55.1% of working-age residents are in the labor force.
Living costs in Indiana run below the national norm: the state registers 93.3 on a 100-equals-national-average index (Below Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $1,028 per month statewide. EIA 2023 residential energy data puts Indiana's average monthly utility costs around $235 (state average). Natural-hazard exposure scores 20.6 out of 100 on FEMA's National Risk Index (Very Low).
Median Household Income
$87,273 /yr
Poverty 0.0%
Cost of Living Index (state)
93.3 (US=100)
Below Average - BEA RPP 2024, Indiana average
How does Fairbanks compare to other US cities?
Here's how Fairbanks stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.
Household income 68% higher than other cities
Median rent 22% pricier than other cities
"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.
How we calculate these percentiles & ranks
For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Fairbanks's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Indiana, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.
68th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.
Income distribution context
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+) 0.0%
Census ACS S1501, educational attainment
Poverty rate (households below FPL) 0.0%
Census ACS S1701, poverty status
Labor force participation (adults 16+) 55.1%
Census ACS S2301, share of working-age residents in the labor force
Population
324
Median Income
$87,273
Median Home Value
N/A
Median Age
26.7
Poverty Rate
0.0%
Labor force participation
55.1%
Bachelor's Degree+
0.0%
Commute Patterns
How workers travel to work, Census ACS 2023
Drive Alone
38.5%
Carpool
45.3%
Public Transit
0.0%
Walk
0.0%
Work from Home
0.0%
Other
16.2%
Based on 161 workers 16 and over.
Monthly Utility Costs
State-average estimates for Indiana - EIA 2023 residential energy data
Electricity
$110
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$235
estimated/month
Estimates reflect Indiana state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.
Living Costs & Risk
Cost of living is a Indiana state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Fairbanks sits in
Cost of Living Index
93.3
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,028/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
20.6 / 100
Very Low
FEMA NRI composite score (county)
Similar Cities in Indiana
Cities of a Similar Size Nationwide
Population-matched peers from other states, closest to Fairbanks's 324 residents (Census ACS 5-Year 2023).
Cities with a Similar Household Income Nationwide
Median-household-income-matched peers from other states, closest to Fairbanks's $87,273 (Census ACS 5-Year 2023, table B19013).
Race & Ethnicity Composition
City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.
How Fairbanks compares to nearby Indiana cities
Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).
| City | Population | Median Household Income |
|---|---|---|
| Fairbanks (this city) | 324 | $87,273 |
| Birdseye | 325 | $54,861 |
| Herbst | 323 | N/A |
| Shipshewana Lake | 325 | $68,984 |
Census ACS 5-year FIPS IN OMB Bulletin 23-01
What do people ask about Fairbanks, IN?
What is the population of Fairbanks, IN? +
324 people live in Fairbanks, IN according to U.S. Census Bureau ACS 2023 estimates.
What is the median household income in Fairbanks, IN? +
Median annual household income in Fairbanks runs $87,273, based on Census ACS 2023 data.
What is the cost of living in Fairbanks? +
BEA does not publish a city-level cost-of-living figure for Fairbanks; the closest available measure is the Indiana state average, a cost of living index of 93.3 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Indiana vary by metro area.
Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.
Read our methodology - how this data is sourced, computed, and verified.
Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.
Citation & verification links
Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities EditorialEvery figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.