Fairbanks, NM
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Fairbanks, NM: Quick Facts & Overview
- Population: 28,753 residents (28 people per sq. mi.)
- Average House Price: $125,572
- Average Household Income: $42,207
Fairbanks, NM is located in the state of New Mexico. It is home to about 28,753 people, with around 28 residents living in every square mile.
If you want to buy a house in Fairbanks, the average price is around $125,572. That makes local housing 46% lower than the New Mexico average of $230,737, and 59% lower than the national average of $308,592.
The average household in Fairbanks earns about $42,207 a year. This income is 29% lower than the average family in New Mexico ($59,665), and 46% lower than the national average ($78,686).
Population
28,753
Median Household Income
$42,207
Median Home Value
$125,572
Median Age
37.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $24,688 |
| Labor Force Participation | 56.4% |
| Unemployment Rate | 6.2% |
| Average Commute Time | 19.4 mins |
Housing & Community Metrics
| Home Ownership Rate | 65.3% |
| Median Rent | $789 |
| Rent Burdened (>30% Income) | 35.0% |
| Total Housing Units | 10,984 |
Additional Census & Housing Profile
Geographic Overview
| County | Chaves |
| County FIPS | 35005 |
| Metro Area (CBSA) | Roswell, NM |
| Population Density | 28.4/sq mi |
| Coordinates (lat/lng) | 33.3532, -104.4855 |
| Timezone | America/Denver |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.25 |
| Dual Income Families | 39.4% |
Marital Status
| Married | 35.7% |
| Never Married | 38.5% |
| Divorced | 18.5% |
| Widowed | 7.3% |
Gender
| Male | 49.8% |
| Female | 50.2% |
Health & Poverty
| Uninsured Rate (Health) | 12.6% |
| Poverty Rate | 24.5% |
Key Population Groups
| Veterans | 6.9% |
| Disabled Population | 22.5% |
| Limited English Proficiency | 5.9% |
All ZIP Codes in Fairbanks
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 88203 | 28,753 | $42,207 | $125,572 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Roswell, NM | 2.9 miles | 47,638 |
| Midway, NM | 4.4 miles | 541 |
| Dexter, NM | 12.8 miles | 1,128 |
| Hagerman, NM | 18.8 miles | 849 |
| Lake Arthur, NM | 25.4 miles | 478 |
| Morningside, NM | 34.4 miles | 103 |
| Artesia, NM | 35 miles | 12,576 |
| Atoka, NM | 40.1 miles | 1,347 |