Demographics Overview
As of the 2006 census estimates, there are 9,379 people living in Fairfield. The median income for a household in the city is $31,202, and the median income for a family is $46,138. The per capita income for the city is $19,673.
Population
Fairfield has a population of 9,379 and the median resident’s age is 42.5 years old.
| People | Fairfield | IOWA | USA |
|---|---|---|---|
| Population | 9,379 | 2,988,046 | 301,621,157 |
| Median Age | 42.5 | 37.8 | 36.4 |
| Households | 4,023 | 1,329,596 | 127,901,934 |
| Household Size | 2.24 | 2.46 | 2.59 |
| Male Population | 48.28% | 49.4 % | 49.3% |
| Female Population | 51.72% | 50.6% | 50.7% |
SOURCE: Population Estimates (2006 & 2007), U.S. Census Bureau – http://factfinder.census.gov/
Workforce
There are roughly 7,920 workers over the age of 16 in Fairfield. The unemployment rate is 4.4%.
Education
The educational attainment for residents age 25 plus is as follows; Associate Degree – 4.7 %; Bachelor’s Degree – 23.0 %; Graduate or Professional Degree – 16.6 %. For high school students the average ACT composite score is 23.4 and the percentage of students taking the ACT is 68.2%.
Housing
The total number of households in Fairfield is 4,463 including properties including Fairfield new homes. The median age of real estate in Fairfield is 46 years. Average Household size is 2.9 people. The median home value in Fairfield is $129,500. Home appreciation is 1.31% over the last year.
| Housing | Units |
|---|---|
| Owner Occupied | 2,405 |
| Renter Occupied | 1,658 |
| Vacant | 400 |
| Total Housing | 4,463 |
SOURCE: Housing Unit Estimates Program, U.S. Census Bureau – http://factfinder.census.gov/
Single-family new house construction building permits:
| Year | Buildings | Average Cost |
|---|---|---|
| 1996 | 19 | $102,300 |
| 1997 | 19 | $182,500 |
| 1998 | 27 | $120,200 |
| 1999 | 36 | $103,900 |
| 2000 | 6 | $201,300 |
| 2001 | 9 | $188,100 |
| 2002 | 14 | $108,400 |
| 2003 | 15 | $108,400 |
| 2004 | 19 | $155,200 |
| 2005 | 17 | $180,100 |
| 2006 | 24 | $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:
| Homes | Fairfield | USA |
|---|---|---|
| Homes With No Mortgage | 37% | 30% |
| Homes With Mortgage | 63% | 70% |
| First Mortgage Only | 56% | 54% |
| First & Second Mortgage or HELOC | 7% | 16% |
SOURCE: Mortgage Status, U.S. Census Bureau – http://factfinder.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 Living | Fairfield | USA |
|---|---|---|
| Overall | 77 | 100 |
| Food | 90 | 100 |
| Health | 93 | 100 |
| Utilities |
121 | 100 |
| Transportation | 99 | 100 |