Fairfax, MN
1,088Residents
$60,172Median household income
$432/moMedian gross rent
$116,300Median home value
40.9Median age
9%Adults with a bachelor’s degree or higher
80%Homes lived in by their owners
1.9×Home value to household income
Median rent takes about 9% of the median household income in Fairfax.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $17,000 a year. In Minnesota that leaves roughly $1,204 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.