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CITY

Fairmont

Minnesota · 10,099 residents (2025 est.) · 14.999 sq mi
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The short version

Fairmont has notably lower household income than the US average, with a median household income of $53,084. Population has declined 5% since 2000. Median home value has more than doubled since 2000, reaching $169,900. With a median age of 46.6, the population is older than the US median of 38.9. Households here earn about 40% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 46.6
US median: 38.9
Less educated
26% hold a bachelor's degree
US average: 36%
Less affordable
home values up 39%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
10,296
−5%since 2000
from 10,889 in 2000
1990 – 2025
Population density
686 / sq mi
−5%since 2000
from 726 / sq mi in 2000
US average: 281
Median age
46.6
+13%since 2000
from 41.3 in 2000
US average: 38.9

PEP 2025 EST:10,099 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
10K10K11K11K11K1990201020202024Fairmont
202410K
1990201020202024
Section 02

Income & economy

Median household income
$53,084
−14%inflation adjusted, since 2000
from $33,709 in 2000
US average: $82,259
1990 – 2024
Per capita income
$37,825
+103%since 2000
from $18,658 in 2000
US average: $44,673
Households earning $100K+
37.0%
+16.6 ptssince 2009
from 20.3% in 2009
US average: 53.3%
Poverty rate
15.3%
+2.6 ptssince 2000
from 12.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.479
+4%since 2010
from 0.462 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade18.6%
US avg: 9.9%
Information15.8%
US avg: 10.8%
Agriculture, forestry, fishing5.9%
US avg: 1.6%
Construction5.9%
US avg: 1.2%
Wholesale trade5.5%
US avg: 6.9%
Other services5.4%
US avg: 6.7%
Public administration4.7%
US avg: 4.8%
Finance & insurance1.7%
US avg: 5.9%
Professional, scientific, technical1.6%
US avg: 5.1%
Arts, entertainment, food0.9%
US avg: 1.9%
Transportation & warehousing0.8%
US avg: 2.2%
Education & health services0.1%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$169,900
+39%inflation adjusted, since 2000
from $67,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$738
+19%inflation adjusted, since 2000
from $340 in 2000
US average: $1,442
Owner-occupied
60.9%
−13.0 ptssince 2000
from 73.8% in 2000
39.1% rent
Vacancy rate
7.6%
+0.3 ptssince 2009
from 7.3% in 2009
US average: 10.0%
Owner cost-burdened
16.5%
−2.1 ptssince 2009
from 18.7% in 2009
US average: 22.9%
Renter cost-burdened
50.7%
+2.4 ptssince 2009
from 48.3% in 2009
US average: 47.4%
Afford Score
3.2
+61%since 2000
from 2.0 in 2000
1990 – 2024
Gentrification Score
49
RELATED:See current rent listings in Fairmont on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.2%(10,363)
Black0.4%(46)
Hispanic / Latino3%(324)
Asian0.7%(71)
Other0%
Diversity Score9.9%(1,075)
2024
White, non-Hispanic85.8%(8,830)
Black1.1%(115)
Hispanic / Latino8.8%(905)
Asian0.6%(66)
Other3.7%(380)
Diversity Score31.9%(3,285)
Diversity Score
32
+223%since 2000
from 10 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.7%
+7.6 ptssince 2000
from 18.1% in 2000
US average: 35.6%
High school or higher
95.2%
+11.9 ptssince 2000
from 83.4% in 2000
US average: 89.6%
Graduate degree
9.0%
+4.5 ptssince 2000
from 4.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
13.1 min
+25%since 2000
from 10.5 min in 2000
US average: 26.5
Drive alone to work
79.6%
−1.4 ptssince 2009
from 81.0% in 2009
US average: 68.9%
Carpooled to work
6.2%
−4.3 ptssince 2009
from 10.4% in 2009
US average: 8.5%
Public transit
0.0%
−1.2 ptssince 2009
from 1.2% in 2009
US average: 3.2%
Worked from home
6.7%
+3.1 ptssince 2009
from 3.7% in 2009
US average: 15.0%
Walked to work
4.9%
+2.9 ptssince 2009
from 2.1% in 2009
US average: 2.4%
Biked to work
0.0%
−0.4 ptssince 2009
from 0.4% in 2009
US average: 0.4%
No vehicle available
15.5%
+4.5 ptssince 2009
from 11.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.1%
−0.9 ptssince 2011
from 4.0% in 2011
US average: 5.2%
Labor force participation
60.2%
−2.1 ptssince 2011
from 62.2% in 2011
US average: 63.5%
Self-employed
14.3%
+2.8 ptssince 2009
from 11.5% in 2009
US average: 13.1%
Management & professional
35.3%
−24.4 ptssince 2009
from 59.7% in 2009
US average: 42.5%
Section 08

People & community

Male
47.8%
+0.6 ptssince 2009
from 47.2% in 2009
Female
52.2%
−0.6 ptssince 2009
from 52.8% in 2009
Foreign born
2.4%
−1.1 ptssince 2009
from 3.4% in 2009
US average: 14.1%
Veterans
9.9%
−36.7 ptssince 2009
from 46.6% in 2009
US average: 6.2%
With a disability
18.8%
+2.1 ptssince 2012
from 16.7% in 2012
US average: 13.3%
Uninsured
2.8%
−90.6 ptssince 2013
from 93.4% in 2013
US average: 8.4%
Broadband at home
85.1%
+9.1 ptssince 2017
from 76.0% in 2017
US average: 91.0%
English only at home
93.8%
+0.3 ptssince 2016
from 93.6% in 2016
US average: 77.7%
Spanish at home
5.4%
+0.5 ptssince 2016
from 4.9% in 2016
US average: 13.6%
Drill deeper

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FAIRMONT VS
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Frequently asked

How many people live in Fairmont, Minnesota?

Fairmont, Minnesota has about 10,296 residents according to the 2024 American Community Survey.

What is the median household income in Fairmont, Minnesota?

The typical household in Fairmont, Minnesota earns about $53,084 a year. Half of households make more than that, and half make less.

Is Fairmont, Minnesota expensive?

In Fairmont, Minnesota, the median home is worth about $169,900, and the typical rent is about $738 a month.

How educated are people in Fairmont, Minnesota?

About 25.7% of adults age 25 and over in Fairmont, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Fairmont, Minnesota?

About 15.3% of people in Fairmont, Minnesota live below the federal poverty line.

Has Fairmont, Minnesota grown since 1990?

Yes, Fairmont, Minnesota has shrunk since 1990. The population has lost about 969 residents, a change of about -9 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 →