ZIP Code 50629 — Fairbank city, IA Demographics & Data

ZIP code 50629 covers Fairbank, IA in Buchanan County with a population of about 2,335.

At a glance, the area shows median age of 39.5 (near the U.S. median).

It sits in telephone area code 319; U.S. House district IA-2; the CEDAR RAPIDS - WTRLO - IWC&DUB media market.

Median household income in ZIP 50629 is about $102,750 — about 37% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 1.6%; unemployment rate near 1.9%; 20.9% of adults with a bachelor’s degree or higher (about 12.8 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Transportation; about 10.9% of workers reporting work-from-home (about 4.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $193,900 — about 44% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $532 (about 54% below the U.S. median rent ($1,163)), and owner-occupancy near 83.5% (about 18.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 50629 in Fairbank, IA, a household would need roughly $53,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,246. That sits below the local median household income ($102,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Fairbank city, IA as Very Low (composite score 24.0), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (38.6) and hurricane (12.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Fairbank city, IA show little to no average snow.

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.