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CITY

Fairmount

Illinois · 592 residents (2025 est.) · 0.317 sq mi
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The short version

Fairmount has notably lower household income than the US average, with a median household income of $60,500. Population has declined 13% since 2000. 14% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has risen by half since 2000, reaching $87,600. Households here earn about 27% less than the Illinois median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 43.9
US median: 38.9
Less educated
14% hold a bachelor's degree
US average: 36%
More affordable
home values down 10%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
555
−13%since 2000
from 640 in 2000
1990 – 2025
Population density
1,751 / sq mi
−13%since 2000
from 2,019 / sq mi in 2000
US average: 281
Median age
43.9
+11%since 2000
from 39.7 in 2000
US average: 38.9

PEP 2025 EST:592 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
5185656126597061990201020202024Fairmount
2024555
1990201020202024
Section 02

Income & economy

Median household income
$60,500
−16%inflation adjusted, since 2000
from $39,712 in 2000
US average: $82,259
1990 – 2024
Per capita income
$32,150
+93%since 2000
from $16,691 in 2000
US average: $44,673
Households earning $100K+
37.5%
+17.1 ptssince 2009
from 20.4% in 2009
US average: 53.3%
Poverty rate
13.1%
+3.6 ptssince 2000
from 9.5% in 2000
US average: 12.5%
Income inequality (Gini)
0.374
−3%since 2010
from 0.385 in 2010
US average: 0.476
Workforce by industry, 2024
Information10.4%
US avg: 10.8%
Retail trade10%
US avg: 9.9%
Finance & insurance6.9%
US avg: 5.9%
Professional, scientific, technical6.9%
US avg: 5.1%
Wholesale trade6.5%
US avg: 6.9%
Other services5.8%
US avg: 6.7%
Public administration4.6%
US avg: 4.8%
Agriculture, forestry, fishing3.1%
US avg: 1.6%
Construction3.1%
US avg: 1.2%
Transportation & warehousing1.5%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$87,600
−10%inflation adjusted, since 2000
from $53,200 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$783
−3%inflation adjusted, since 2000
from $443 in 2000
US average: $1,442
Owner-occupied
79.4%
−4.7 ptssince 2000
from 84.1% in 2000
20.6% rent
Vacancy rate
2.7%
−10.1 ptssince 2009
from 12.9% in 2009
US average: 10.0%
Owner cost-burdened
6.6%
−9.2 ptssince 2009
from 15.8% in 2009
US average: 22.9%
Renter cost-burdened
52.9%
+18.9 ptssince 2009
from 34.0% in 2009
US average: 47.4%
Afford Score
1.4
+8%since 2000
from 1.3 in 2000
1990 – 2024
Gentrification Score
24
RELATED:See current rent listings in Fairmount on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.8%(632)
Black0.3%(2)
Hispanic / Latino0.6%(4)
Asian0.2%(1)
Other0%
Diversity Score2.7%(17)
2024
White, non-Hispanic99.3%(551)
Black0%(0)
Hispanic / Latino0.4%(2)
Asian0%(0)
Other0.4%(2)
Diversity Score1.8%(10)
Diversity Score
2
−34%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
13.6%
+8.7 ptssince 2000
from 4.9% in 2000
US average: 35.6%
High school or higher
87.6%
+10.4 ptssince 2000
from 77.2% in 2000
US average: 89.6%
Graduate degree
3.3%
+1.4 ptssince 2000
from 1.9% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.6 min
+44%since 2000
from 17.7 min in 2000
US average: 26.5
Drive alone to work
85.4%
−2.4 ptssince 2009
from 87.8% in 2009
US average: 68.9%
Carpooled to work
2.7%
−2.1 ptssince 2009
from 4.8% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
8.5%
+6.4 ptssince 2009
from 2.0% in 2009
US average: 15.0%
Walked to work
2.7%
−1.7 ptssince 2009
from 4.4% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.6%
−1.6 ptssince 2009
from 5.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.0%
−7.6 ptssince 2011
from 10.6% in 2011
US average: 5.2%
Labor force participation
59.2%
−2.9 ptssince 2011
from 62.1% in 2011
US average: 63.5%
Self-employed
14.6%
+7.5 ptssince 2009
from 7.1% in 2009
US average: 13.1%
Management & professional
26.9%
−29.9 ptssince 2009
from 56.8% in 2009
US average: 42.5%
Section 08

People & community

Male
46.3%
−0.2 ptssince 2009
from 46.5% in 2009
Female
53.7%
+0.2 ptssince 2009
from 53.5% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
16.2%
−29.7 ptssince 2009
from 46.0% in 2009
US average: 6.2%
With a disability
17.7%
−0.3 ptssince 2012
from 18.0% in 2012
US average: 13.3%
Uninsured
6.1%
−86.2 ptssince 2013
from 92.3% in 2013
US average: 8.4%
Broadband at home
87.1%
+16.1 ptssince 2017
from 71.0% in 2017
US average: 91.0%
English only at home
99.1%
+0.1 ptssince 2016
from 99.0% in 2016
US average: 77.7%
Spanish at home
0.9%
+0.3 ptssince 2016
from 0.7% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Fairmount to nearby cities

FAIRMOUNT VS
Danville
Income$45,957−24%
Home value$79,000−10%
Population28,138+4653%
SEE FULL COMPARISON →
FAIRMOUNT VS
Urbana
Income$45,346−25%
Home value$184,900+111%
Population39,719+6609%
SEE FULL COMPARISON →
FAIRMOUNT VS
Savoy
Income$91,966+52%
Home value$320,300+266%
Population9,113+1439%
SEE FULL COMPARISON →
FAIRMOUNT VS
Champaign
Income$56,118−7%
Home value$210,900+141%
Population91,195+15305%
SEE FULL COMPARISON →
Frequently asked

How many people live in Fairmount, Illinois?

Fairmount, Illinois has about 555 residents according to the 2024 American Community Survey.

What is the median household income in Fairmount, Illinois?

The typical household in Fairmount, Illinois earns about $60,500 a year. Half of households make more than that, and half make less.

Is Fairmount, Illinois expensive?

In Fairmount, Illinois, the median home is worth about $87,600, and the typical rent is about $783 a month.

How educated are people in Fairmount, Illinois?

About 13.6% of adults age 25 and over in Fairmount, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Fairmount, Illinois?

About 13.1% of people in Fairmount, Illinois live below the federal poverty line.

Has Fairmount, Illinois grown since 1990?

Yes, Fairmount, Illinois has shrunk since 1990. The population has lost about 135 residents, a change of about -20 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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