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CITY · 2020 ACS

Fairmont

Nebraska · 592 residents · 1.151 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 $49,063. Population has declined 14% since 2000. 14% 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 $59,500. With a median age of 47.7, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 47.7
US median: 38.8
Less educated
14% 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
592
−14%since 2000
from 691 in 2000
1990 – 2025
Population density
514 / sq mi
−14%since 2000
from 600 / sq mi in 2000
US average: 280
Median age
47.7
+13%since 2000
from 42.4 in 2000
US average: 38.8
Population, 1990 – 2024
4815436056677291990201020202024Fairmont
2024635
1990201020202024
Section 02

Income & economy

Median household income
$49,063
−8%inflation adjusted, since 2000
from $35,658 in 2000
US average: $66,278
1990 – 2024
Per capita income
$28,022
+76%since 2000
from $15,957 in 2000
US average: $35,364
Households earning $100K+
29.6%
+8.0 ptssince 2009
from 21.7% in 2009
US average: 43.9%
Poverty rate
13.6%
+1.0 ptssince 2000
from 12.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance18.2%
US avg: 5.5%
Professional, scientific, technical18.2%
US avg: 4.7%
Wholesale trade14.2%
US avg: 6.7%
Information9.4%
US avg: 11.1%
Other services9.4%
US avg: 6.6%
Public administration9.4%
US avg: 4.7%
Retail trade7.7%
US avg: 10%
Agriculture, forestry, fishing3.4%
US avg: 1.7%
Construction3.4%
US avg: 1.2%
Transportation & warehousing1.1%
US avg: 2.5%
Arts, entertainment, food0.9%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$59,500
+8%inflation adjusted, since 2000
from $36,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$574
+8%inflation adjusted, since 2000
from $353 in 2000
US average: $1,124
Owner-occupied
77.0%
+2.4 ptssince 2000
from 74.5% in 2000
23.0% rent
Afford Score
1.2
+18%since 2000
from 1.0 in 2000
1990 – 2024
RELATED:See current rent listings in Fairmont on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.9%(656)
Black0.1%(1)
Hispanic / Latino3%(21)
Asian0.1%(1)
Other0%
Diversity Score8.2%(57)
2020
White, non-Hispanic92.2%(546)
Black0.7%(4)
Hispanic / Latino3.7%(22)
Asian0.8%(5)
Other1.5%(9)
Diversity Score16.1%(96)
Diversity Score
16
+97%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.4%
+2.3 ptssince 2000
from 12.1% in 2000
US average: 32.9%
High school or higher
91.6%
+8.5 ptssince 2000
from 83.1% in 2000
US average: 88.5%
Graduate degree
4.3%
+0.1 ptssince 2000
from 4.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.2 min
+7%since 2000
from 15.2 min in 2000
US average: 26.9
Drive alone to work
86.4%
+12.7 ptssince 2009
from 73.7% in 2009
US average: 75.1%
No vehicle available
4.0%
+3.4 ptssince 2009
from 0.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.4%
+0.4 ptssince 2011
from 1.0% in 2011
US average: 5.4%
Labor force participation
55.9%
−7.0 ptssince 2011
from 62.8% in 2011
US average: 63.4%
Management & professional
30.5%
−29.7 ptssince 2009
from 60.2% in 2009
US average: 39.3%
Section 08

People & community

Male
51.6%
+1.4 ptssince 2009
from 50.2% in 2009
Female
48.4%
−1.4 ptssince 2009
from 49.8% in 2009
Foreign born
1.3%
+1.3 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
5.0%
−82.8 ptssince 2013
from 87.8% in 2013
US average: 8.8%
Drill deeper

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FAIRMONT VS
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Frequently asked

How many people live in Fairmont, Nebraska?

Fairmont, Nebraska has about 592 residents according to the 2020 American Community Survey.

What is the median household income in Fairmont, Nebraska?

The typical household in Fairmont, Nebraska earns about $49,063 a year. Half of households make more than that, and half make less.

Is Fairmont, Nebraska expensive?

In Fairmont, Nebraska, the median home is worth about $59,500, and the typical rent is about $574 a month.

How educated are people in Fairmont, Nebraska?

About 14.4% of adults age 25 and over in Fairmont, Nebraska hold a bachelor's degree or higher.

What is the poverty rate in Fairmont, Nebraska?

About 13.6% of people in Fairmont, Nebraska live below the federal poverty line.

Has Fairmont, Nebraska grown since 1990?

Yes, Fairmont, Nebraska has shrunk since 1990. The population has lost about 116 residents, a change of about -16 percent over that period.

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

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