Fairbank, IA Real Estate
According to census data in the year 2000 there were 429 housing units in Fairbank.
This represents a 5.1% growth from 408 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 429 were located in what is classified as a rural area.
Homeownership rate in Fairbank is about 80.9%.
Fairbank's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Fairbank were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1968|
|Median Value of occupied units||$77,100|
|Median Price asked for vacant units||$57,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.89|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$275|
Owners Finance Status
|Second Mortgage & Equity Loan||0.70%|
|Home Equity Loan||6.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||13.8%|