Fairmont Micro
Fairmont has notably lower household income than the US average, with a median household income of $59,507. Population has declined 9% since 2000. Median home value has more than doubled since 2000, reaching $163,500.
Population & growth
PEP 2025 EST:19,440 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
Housing
Race & ethnicity
Education
Commute & transportation
Work & employment
People & community
Principal cities
1 component county
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How many people live in Fairmont, MN?
Fairmont, MN has about 19,780 residents according to the 2024 American Community Survey.
What is the median household income in Fairmont, MN?
The typical household in Fairmont, MN earns about $59,507 a year. Half of households make more than that, and half make less.
Is Fairmont, MN expensive?
In Fairmont, MN, the median home is worth about $163,500, and the typical rent is about $761 a month.
How educated are people in Fairmont, MN?
About 23.8% of adults age 25 and over in Fairmont, MN hold a bachelor's degree or higher.
What is the poverty rate in Fairmont, MN?
About 13.1% of people in Fairmont, MN live below the federal poverty line.
Has Fairmont, MN grown since 1990?
Yes, Fairmont, MN has shrunk since 1990. The population has lost about 3,134 residents, a change of about -14 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024