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CITY · 2020 ACS

Fairmount

Indiana · 2,682 residents · 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 $41,439. Population has declined 10% since 2000. 6% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $88,600. With a median age of 45.5, the population is older than the US median of 38.8. Households here earn about 29% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 45.5
US median: 38.8
Less educated
6% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,682
−10%since 2000
from 2,992 in 2000
1990 – 2025
Population density
1,691 / sq mi
−10%since 2000
from 1,887 / sq mi in 2000
US average: 280
Median age
45.5
+21%since 2000
from 37.7 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K3K3K3K1990201020202024Fairmount
20243K
1990201020202024
Section 02

Income & economy

Median household income
$41,439
−19%inflation adjusted, since 2000
from $33,843 in 2000
US average: $66,278
1990 – 2024
Per capita income
$18,984
+5%since 2000
from $18,029 in 2000
US average: $35,364
Households earning $100K+
15.3%
−0.1 ptssince 2009
from 15.4% in 2009
US average: 43.9%
Poverty rate
29.3%
+20.3 ptssince 2000
from 9.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade30.2%
US avg: 10%
Wholesale trade12.7%
US avg: 6.7%
Information9.7%
US avg: 11.1%
Transportation & warehousing3.7%
US avg: 2.5%
Other services3.1%
US avg: 6.6%
Public administration3.1%
US avg: 4.7%
Finance & insurance2.7%
US avg: 5.5%
Education & health services1.4%
US avg: 0.8%
Professional, scientific, technical1.2%
US avg: 4.7%
Agriculture, forestry, fishing0.9%
US avg: 1.7%
Construction0.9%
US avg: 1.2%
Arts, entertainment, food0.3%
US avg: 2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$88,600
+5%inflation adjusted, since 2000
from $56,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$704
+22%inflation adjusted, since 2000
from $385 in 2000
US average: $1,124
Owner-occupied
74.2%
−2.8 ptssince 2000
from 77.0% in 2000
25.8% rent
Afford Score
2.1
+29%since 2000
from 1.7 in 2000
1990 – 2024
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)
2020
White, non-Hispanic92.2%(2,474)
Black0.6%(15)
Hispanic / Latino2.2%(60)
Asian0%(1)
Other2%(53)
Diversity Score12%(321)
Diversity Score
12
+519%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
5.7%
−2.0 ptssince 2000
from 7.7% in 2000
US average: 32.9%
High school or higher
85.6%
+5.7 ptssince 2000
from 79.9% in 2000
US average: 88.5%
Graduate degree
1.5%
−1.7 ptssince 2000
from 3.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.0 min
+48%since 2000
from 15.5 min in 2000
US average: 26.9
Drive alone to work
87.3%
+3.2 ptssince 2009
from 84.2% in 2009
US average: 75.1%
No vehicle available
3.4%
−1.8 ptssince 2009
from 5.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
11.4%
+5.0 ptssince 2011
from 6.3% in 2011
US average: 5.4%
Labor force participation
60.5%
+0.9 ptssince 2011
from 59.6% in 2011
US average: 63.4%
Management & professional
14.9%
−46.8 ptssince 2009
from 61.7% in 2009
US average: 39.3%
Section 08

People & community

Male
51.9%
+4.8 ptssince 2009
from 47.1% in 2009
Female
48.1%
−4.8 ptssince 2009
from 52.9% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
13.8%
−73.1 ptssince 2013
from 86.9% in 2013
US average: 8.8%
Drill deeper

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Compare Fairmount to nearby cities

FAIRMOUNT VS
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Income$43,343+5%
Home value$85,300−4%
Population28,234+957%
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FAIRMOUNT VS
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Home value$97,800+10%
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FAIRMOUNT VS
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Home value$186,700+111%
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FAIRMOUNT VS
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Income$44,471+7%
Home value$97,300+10%
Population65,466+2352%
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Frequently asked

How many people live in Fairmount, Indiana?

Fairmount, Indiana has about 2,682 residents according to the 2020 American Community Survey.

What is the median household income in Fairmount, Indiana?

The typical household in Fairmount, Indiana earns about $41,439 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 $88,600, and the typical rent is about $704 a month.

How educated are people in Fairmount, Indiana?

About 5.7% 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 29.3% 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 448 residents, a change of about -14 percent over that period.

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

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