Demographics Overview

As of the 2020 census estimates, there are 9,416 people living in Fairfield. The median income for a household in the city is $42,862. The per capita income for the city is $33,021.

Population

Fairfield has a population of 9,416 and the median resident’s age is 40.7 years old.

PeopleFairfieldIowaUSA
Population9,4163,193,079331,449,281
Median Age40.73838.3
Households4,2011,221,576116,716,292
Household Size2.092.412.58
Male Population48.4%49.8%49.2%
Female Population51.6%50.2%50.8%

SOURCE: Population and Household Estimates (2020), U.S. Census Bureau – http://factfinder2.census.gov/

Workforce

There are roughly 8,138 workers over the age of 16 in Fairfield. The unemployment rate is 7%.

Education

The educational attainment for residents age 25 plus is as follows:

  • Highschool Graduate or higher: 92.5%
  • Bachelor’s Degree or higher: 29.3%

SOURCE: Economic Characteristics and Educational Attainment, U.S. Census Bureau – http://factfinder2.census.gov/

Housing

As of 2010, he total number of households in Fairfield is 4,550.The median age of real estate in Fairfield is 48 years. Average Household size is 2.09 people. The median home value in Fairfield is $85,200. Home appreciation is 1.84% over the last year.

HousingUnits
Owner Occupied2,487
Renter Occupied1,456
Vacant607
Total Housing4,550

SOURCE: Housing Unit Estimates Program, U.S. Census Bureau – http://factfinder2.census.gov/

Single-family new house construction building permits:

YearBuildingsAverage Cost
199619$102,300
199719$182,500
199827$120,200
199936$103,900
20006$201,300
20019$188,100
200214$108,400
200315$108,400
200419$155,200
200517$180,100
200624$212,500

SOURCE: Office of Policy Development and Research (PD&R), U.S. Dept. of Housing and Urban Development (HUD) – http://socds.huduser.org/

Fairfield mortgages vs. USA median statistics:

HomesFairfieldUSA
Homes With No Mortgage37%32%
Homes With Mortgage63%68%
First Mortgage Only49.8%50.5%
First & Second Mortgage or HELOC12.7%16.7%

SOURCE: Mortgage Status, U.S. Census Bureau – http://factfinder2.census.gov/

 

Cost of Living

Fairfield’s cost of living indices are based on a US average of 100. An amount below 100 means Fairfield is less expensive than the US average. A cost of living index above 100 means Fairfield is more expensive. Overall, Fairfield cost of living is 77. Compared to the rest of the country, Fairfield’s cost of living is 22.64% lower than the US average.

Cost of LivingFairfieldUSA
Overall77100
Food90100
Health93100
Utilities121100
Transportation99100

SOURCE: Consumer Price Indexes; Bureau of Labor Statistics, U.S. Dept. of Labor – http://www.bls.gov/CPI/