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CITY

Fairmount

Indiana · 2,670 residents (2025 est.) · 1.586 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 $51,739. Population has declined 11% since 2000. 11% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $103,200. At a median age of 33.4, residents skew younger than the country as a whole. Households here earn about 28% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 33.4
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,662
−11%since 2000
from 2,992 in 2000
1990 – 2025
Population density
1,678 / sq mi
−11%since 2000
from 1,887 / sq mi in 2000
US average: 281
Median age
33.4
−11%since 2000
from 37.7 in 2000
US average: 38.9

PEP 2025 EST:2,670 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
3K3K3K3K3K1990201020202024Fairmount
20243K
1990201020202024
Section 02

Income & economy

Median household income
$51,739
−16%inflation adjusted, since 2000
from $33,843 in 2000
US average: $82,259
1990 – 2024
Per capita income
$22,905
+27%since 2000
from $18,029 in 2000
US average: $44,673
Households earning $100K+
31.0%
+15.6 ptssince 2009
from 15.4% in 2009
US average: 53.3%
Poverty rate
25.7%
+16.7 ptssince 2000
from 9.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.378
+1%since 2010
from 0.375 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade13.3%
US avg: 9.9%
Information11.7%
US avg: 10.8%
Wholesale trade9.7%
US avg: 6.9%
Finance & insurance6.4%
US avg: 5.9%
Professional, scientific, technical5.5%
US avg: 5.1%
Other services3.8%
US avg: 6.7%
Public administration3.8%
US avg: 4.8%
Transportation & warehousing1%
US avg: 2.2%
Education & health services0.9%
US avg: 0.9%
Arts, entertainment, food0.6%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$103,200
+1%inflation adjusted, since 2000
from $56,000 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,026
+46%inflation adjusted, since 2000
from $385 in 2000
US average: $1,442
Owner-occupied
78.3%
+1.3 ptssince 2000
from 77.0% in 2000
21.7% rent
Vacancy rate
7.8%
+2.9 ptssince 2009
from 5.0% in 2009
US average: 10.0%
Owner cost-burdened
20.5%
+3.3 ptssince 2009
from 17.1% in 2009
US average: 22.9%
Renter cost-burdened
36.1%
−14.1 ptssince 2009
from 50.2% in 2009
US average: 47.4%
Afford Score
2.0
+21%since 2000
from 1.7 in 2000
1990 – 2024
Gentrification Score
29
RELATED:See current rent listings in Fairmount on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98%(2,932)
Black0.2%(5)
Hispanic / Latino0.4%(13)
Asian0.2%(5)
Other0%
Diversity Score1.9%(58)
2024
White, non-Hispanic94.6%(2,517)
Black1.1%(30)
Hispanic / Latino1.4%(38)
Asian0%(0)
Other2.9%(77)
Diversity Score13.1%(349)
Diversity Score
13
+577%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
11.1%
+3.4 ptssince 2000
from 7.7% in 2000
US average: 35.6%
High school or higher
88.1%
+8.3 ptssince 2000
from 79.9% in 2000
US average: 89.6%
Graduate degree
3.1%
−0.1 ptssince 2000
from 3.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.9 min
+54%since 2000
from 15.5 min in 2000
US average: 26.5
Drive alone to work
82.5%
−1.7 ptssince 2009
from 84.2% in 2009
US average: 68.9%
Carpooled to work
6.1%
−1.8 ptssince 2009
from 7.9% in 2009
US average: 8.5%
Public transit
1.8%
+1.8 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
2.6%
−0.9 ptssince 2009
from 3.6% in 2009
US average: 15.0%
Walked to work
6.1%
+2.7 ptssince 2009
from 3.4% 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
3.5%
−1.8 ptssince 2009
from 5.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.6%
−3.7 ptssince 2011
from 6.3% in 2011
US average: 5.2%
Labor force participation
53.9%
−5.7 ptssince 2011
from 59.6% in 2011
US average: 63.5%
Self-employed
12.4%
+6.2 ptssince 2009
from 6.2% in 2009
US average: 13.1%
Management & professional
33.0%
−28.7 ptssince 2009
from 61.7% in 2009
US average: 42.5%
Section 08

People & community

Male
51.1%
+4.0 ptssince 2009
from 47.1% in 2009
Female
48.9%
−4.0 ptssince 2009
from 52.9% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
6.1%
−38.4 ptssince 2009
from 44.5% in 2009
US average: 6.2%
With a disability
15.1%
−4.2 ptssince 2012
from 19.3% in 2012
US average: 13.3%
Uninsured
10.9%
−76.0 ptssince 2013
from 86.9% in 2013
US average: 8.4%
Broadband at home
89.5%
+18.6 ptssince 2017
from 70.9% in 2017
US average: 91.0%
English only at home
99.8%
+2.2 ptssince 2016
from 97.6% in 2016
US average: 77.7%
Spanish at home
0.2%
−0.6 ptssince 2016
from 0.8% in 2016
US average: 13.6%
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Frequently asked

How many people live in Fairmount, Indiana?

Fairmount, Indiana has about 2,662 residents according to the 2024 American Community Survey.

What is the median household income in Fairmount, Indiana?

The typical household in Fairmount, Indiana earns about $51,739 a year. Half of households make more than that, and half make less.

Is Fairmount, Indiana expensive?

In Fairmount, Indiana, the median home is worth about $103,200, and the typical rent is about $1,026 a month.

How educated are people in Fairmount, Indiana?

About 11.1% of adults age 25 and over in Fairmount, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Fairmount, Indiana?

About 25.7% of people in Fairmount, Indiana live below the federal poverty line.

Has Fairmount, Indiana grown since 1990?

Yes, Fairmount, Indiana has shrunk since 1990. The population has lost about 468 residents, a change of about -15 percent over that period.

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

How we source and harmonize this data →