Fairfax, Minnesota Housing

Fairfax, Minnesota has a population of 1,140, with a median household income of $51,400.

Current housing data for Fairfax.

$135,000

👥

Population

1,140

💰

Median Income

$51,400

📉

Unemployment

4.40%

🏠

Housing Price

$135,000

🚨

Crime Rate

18.20

🌐

Internet Speed

100.00 Mbps

Fairfax is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Fairfax is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Fairfax has a population of 1,140, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Fairfax is $51,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Fairfax is about $135,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Fairfax is 4.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Fairfax are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Fairfax shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Fairfax continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Fairfax

What is the population of Fairfax?

The population of Fairfax is approximately 1,140.

Is Fairfax a good place to live?

Fairfax offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Fairfax?

The median household income in Fairfax is around $51,400.

How expensive is housing in Fairfax?

The average housing price in Fairfax is approximately $135,000.