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The total population of Fairfax is estimated to be 2,814 with 1,421 males (50.50%) and 1,393 females (49.50%). There are 28 less females than males in Fairfax.
The median household income in Fairfax was $117,718 in 2021, which marked an an increase of 611(0.52%) from $117,107 in 2020. This income is 157.79% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Fairfax sees its highest median household income among householders in the age group of 45 to 64 years old, at $126,930. Overall, the median household income for the city of Fairfax stands at $117,718.
In Fairfax, the median income for all workers aged 15 years and older, regardless of work hours, was $67,220 for males and $47,314 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $92,535 for males and $59,113 for females.
In Fairfax, population is primarily represented by White households, reporting a median income of $118,393.
In 2022, the population of Fairfax was 2,897, a 1.29% increase year-by-year from 2021. Previously, in 2021, Fairfax's population was 2,860, an increase of 0.28% compared to a population of 2,852 in 2020.
The median age in Fairfax, IA is 37.9, as per 2021 ACS 5-Year Estimates. Of the total population, 26.63% were under the age of 15, 12.46% aged 15 to 29, 50.82% aged 30 to 64, 9.13% aged 65 to 84, and 0.97% were 85 years of age and older.
Racial distribution of Fairfax population: 91.95% are White, 0.43% are Asian, 0.54% are some other race and 7.09% are multiracial.