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Housing Affordability in Fairfax, IA
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 17.8%
- Iowa 24.3%
- Renters paying 30%+
- 38.6%
- Iowa 43.9%
- Homeowners paying 30%+
- 16.3%
- Iowa 17.1%
- Owner costs with a mortgage
- $1,809/mo
- Iowa $1,533/mo
Fairfax has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more2738.6%
- Homeowners paying 30% or more15316.3%
- Renters paying 50% or more45.7%
- Median rent as a share of income: 27.3%
- Median owner costs as a share of income, with a mortgage: 18.0%
- Median owner costs without a mortgage: $672/mo
- Median home value divided by median household income: 2.4
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Fairfax, IA | 17.8% | 38.6% | 16.3% | 27.3% |
| Linn County | 24.7% | 44.8% | 17.8% | 27.8% |
| Iowa | 24.3% | 43.9% | 17.1% | 27.4% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Fairfax, IA?
- In Fairfax, IA, 17.8% of households spend 30% or more of their income on housing costs.
- How does Fairfax compare with Iowa?
- The households paying 30%+ for housing in Fairfax is 17.8%, compared with 24.3% for Iowa as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates