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CITY · 2020 ACS

Fairmount

Maryland · 408 residents · 12.258 sq mi
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The short version

Fairmount has roughly average household income, with a median household income of $70,134. Population has fallen 24% since 2000, a loss of 129 residents. Median home value has roughly tripled since 2000, reaching $177,000. With a median age of 52.6, the population is older than the US median of 38.8.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 52.6
US median: 38.8
More educated
39% hold a bachelor's degree
US average: 33%
Less affordable
home values up 120%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

408
−24%since 2000
from 537 in 2000
2000 – 2024
33 / sq mi
−24%since 2000
from 44 / sq mi in 2000
US average: 280
52.6
+39%since 2000
from 37.9 in 2000
US average: 38.8
Population, 20002024
2403364325286242000201020202024Fairmount
2024440
2000201020202024
Section 02

Income & economy

$70,134
+93%inflation adjusted, since 2000
from $24,185 in 2000
US average: $66,278
2000 – 2024
$29,563
+60%since 2000
from $18,494 in 2000
US average: $35,364
Households earning $100K+
34.5%
−27.8 ptssince 2009
from 62.3% in 2009
US average: 43.9%
7.8%
−14.8 ptssince 2000
from 22.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance19.6%
US avg: 5.5%
Professional, scientific, technical19.6%
US avg: 4.7%
Information8.9%
US avg: 11.1%
Transportation & warehousing2.7%
US avg: 2.5%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 6.7%
Retail trade0%
US avg: 10%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$177,000
+120%inflation adjusted, since 2000
from $53,600 in 2000
US average: $265,253
2000 – 2024
79.9%
−8.0 ptssince 2000
from 87.9% in 2000
20.1% rent
2.5
+14%since 2000
from 2.2 in 2000
2000 – 2024
RELATED:See current rent listings in Fairmount on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic65.4%(351)
Black32%(172)
Hispanic / Latino1.1%(6)
Asian0.6%(3)
Other0%
Diversity Score57.5%(309)
2020
White, non-Hispanic72.8%(297)
Black18.4%(75)
Hispanic / Latino3.7%(15)
Asian0.5%(2)
Other7.8%(32)
Diversity Score57.9%(236)
58
+1%since 2000
from 58 in 2000
2000 – 2024
Section 05

Education

38.6%
+35.2 ptssince 2000
from 3.4% in 2000
US average: 32.9%
High school or higher
92.1%
+33.2 ptssince 2000
from 58.9% in 2000
US average: 88.5%
11.1%
+9.5 ptssince 2000
from 1.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

25.3 min
+15%since 2000
from 21.9 min in 2000
US average: 26.9
78.6%
−10.2 ptssince 2009
from 88.8% in 2009
US average: 75.1%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

10.8%
+10.8 ptssince 2011
from 0.0% in 2011
US average: 5.4%
65.2%
−4.4 ptssince 2011
from 69.5% in 2011
US average: 63.4%
33.5%
−16.5 ptssince 2009
from 50.0% in 2009
US average: 39.3%
Section 08

People & community

38.3%
−3.0 ptssince 2009
from 41.4% in 2009
61.7%
+3.0 ptssince 2009
from 58.6% in 2009
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
8.5%
−78.9 ptssince 2013
from 87.4% in 2013
US average: 8.8%
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Frequently asked

How many people live in Fairmount, Maryland?

Fairmount, Maryland has about 408 residents according to the 2020 American Community Survey.

What is the median household income in Fairmount, Maryland?

The typical household in Fairmount, Maryland earns about $70,134 a year. Half of households make more than that, and half make less.

Is Fairmount, Maryland expensive?

In Fairmount, Maryland, the median home is worth about $177,000.

How educated are people in Fairmount, Maryland?

About 38.6% of adults age 25 and over in Fairmount, Maryland hold a bachelor's degree or higher.

What is the poverty rate in Fairmount, Maryland?

About 7.8% of people in Fairmount, Maryland live below the federal poverty line.

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

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