Fairborn, Ohio Income Statistics

Fairborn Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • D
    Fairborn Well below average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Fairborn Ohio Avg US Average
Median Household Income $62,565 $71,509 $80,455
Median Personal Income $52,315 $58,431 $60,758
Average Yearly Income Growth 5.8% 4.4% 4.8%
Six-Figure Earners 8.7% 11.1% 13.9%
$200k+ Households 5.4% 9.1% 13.2%

The median household income in Fairborn is about 13% lower than in Ohio. Income has been growing faster in Fairborn (5.8%/yr) than in Ohio (4.4%/yr).

About 9% of adults in Fairborn earn six figures ($100,000 or more) a year, lower than the Ohio average of 11%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Fairborn
United States

Median household income in Fairborn, Ohio grew by 59.8% from 2009 to 2024, reaching $62,565 in 2024. That's an average of about 5.8% per year.

Year Fairborn United States

Income Inequality and the Gender Pay Gap in Fairborn

Metric Fairborn Ohio Avg US Average
Gini Coefficient 0.523 0.532 0.552
Male Median Income $63,789 $67,200 $69,667
Female Median Income $49,925 $54,076 $56,850
Gender Pay Gap 21.7% 19.5% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Fairborn, it is 0.523, lower than Ohio's 0.532, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 28% more than women's income in Fairborn, Ohio. Over a 35-year career, a 28% wage gap accumulates to roughly $485,240 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Fairborn, Ohio has narrowed from about 30% to 22% in 2024. Over that period the gap was widest at 33% in 2023, and was narrowest at 21% in 2012. In dollar terms, the gap has widened by $1,293 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Fairborn Ohio Avg US Average
Unemployment Rate 4.5% 4.8% 5.2%
Working from Home 9.2% 13.0% 15.0%
Commute time (minutes) 20 21 22

Approximately 683 people are unemployed in Fairborn, Ohio.

The average commute time in Fairborn is 20 minutes, shorter than the 21 minutes in Ohio.

Unemployment Rate Over Time

Fairborn
United States

Since 2011, the unemployment rate in Fairborn, Ohio has fallen from 9.6% to 4.5% in 2024. Over that period the rate peaked at 12.4% in 2014.

Year Fairborn United States

Fairborn, OH Wealth Compared With Nearby Cities

How Fairborn, OH compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Fairborn, OH 28,157 $62,565 #2/2 5.8%/yr #1/2 4.5% #2/2 0.523 #2/2
Beavercreek, OH 42,546 $107,826 3.8%/yr 3.2% 0.505

Conclusion

Considering all these factors, Fairborn, Ohio has an overall wealth index grade of D, making it somewhat worse than Ohio, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Fairborn, Ohio.

How Rich Is Fairborn, Ohio?

Fairborn has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $62,565, about 13% lower than the Ohio average of $71,509.

How has median household income changed in Fairborn, Ohio?

Between 2009 and 2024, the median household income in Fairborn, Ohio rose 60%, from $39,148 to $62,565. Over the same years, income here outpaced Ohio as a whole: +60% against +51%.

What was the median household income in Fairborn in 2023?

In 2023, the median household income in Fairborn, Ohio was $57,100, up 4% from $54,739 in 2022. The Ohio median that year was $69,792.

What was the median household income in Fairborn in 2020?

In 2020, the median household income in Fairborn, Ohio was $48,801. By 2024 it had risen 28% to $62,565.

What is the Gini coefficient in Fairborn, Ohio?

The Gini coefficient in Fairborn is 0.523. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Fairborn, Ohio?

Since 2009, the income gap between men and women in Fairborn, Ohio has narrowed from about 30% to 22% in 2024. Over that period the gap was widest at 33% in 2023, and was narrowest at 21% in 2012. In dollar terms, the gap has widened by $1,293 since 2009.

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