Income & Economy in Fairbank city, IA (50629)
Median Income
$102,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+134
Wealth inflow
Population
2,335
Unemployment
1.9%
1.8pp below US avg
IRS migration statistics show a net inflow of about 134 for ZIP 50629 (Fairbank city, IA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 50629 (2020–Present)
Since 2020, population declined 11.7%, median income rose 5.0% (inflation-adjusted), home values increased 14.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $102,750 |
| Unemployment | 1.9% |
| Establishments | 33 |
| Employees | 261 |