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The total population of Fairland is estimated to be 639 with 288 males (45.07%) and 351 females (54.93%). There are 63 more females than males in Fairland.
The median household income in Fairland was $37,208 in 2021, which marked an a decrease of 10,242(21.58%) from $47,450 in 2020. This income is 49.87% 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, Fairland sees its highest median household income among householders in the age group of 45 to 64 years old, at $68,233. Overall, the median household income for the town of Fairland stands at $37,208.
In Fairland, the median income for all workers aged 15 years and older, regardless of work hours, was $41,692 for males and $25,810 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,155 for males and $47,020 for females.
In Fairland, population is primarily represented by White households, reporting a median income of $37,208.
In 2022, the population of Fairland was 540, a 0.18% decrease year-by-year from 2021. Previously, in 2021, Fairland's population was 541, a decline of 0.37% compared to a population of 543 in 2020.
The median age in Fairland, IN is 53.8, as per 2021 ACS 5-Year Estimates. Of the total population, 13.24% were under the age of 15, 15.68% aged 15 to 29, 39.20% aged 30 to 64, 16.03% aged 65 to 84, and 15.85% were 85 years of age and older.
Racial distribution of Fairland population: 97.91% are White, 0.52% are some other race and 1.57% are multiracial.