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MICROPOLITAN AREA · 2020 ACS

Fairmont Micro

Fairmont, MN · 1 counties · 20,025 residents · 712.331 sq mi
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The short version

Fairmont has lower-than-average household income, with a median household income of $53,851. Population has declined 8% since 2000. Median home value has more than doubled since 2000, reaching $126,400. With a median age of 44.9, 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 44.9
US median: 38.8
Less educated
22% hold a bachelor's degree
US average: 33%
Less affordable
home values up 31%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
20,025
−8%since 2000
from 21,802 in 2000
1990 – 2025
Population density
28 / sq mi
−8%since 2000
from 31 / sq mi in 2000
US average: 280
Median age
44.9
+8%since 2000
from 41.5 in 2000
US average: 38.8
Population, 1990 – 2024
19K20K21K22K23K1990201020202024Fairmont
202420K
1990201020202024
Section 02

Income & economy

Median household income
$53,851
+3%inflation adjusted, since 2000
from $34,810 in 2000
US average: $66,278
1990 – 2024
Per capita income
$31,505
+70%since 2000
from $18,529 in 2000
US average: $35,364
Households earning $100K+
35.1%
+13.0 ptssince 2009
from 22.0% in 2009
US average: 43.9%
Poverty rate
12.9%
+2.5 ptssince 2000
from 10.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade17.5%
US avg: 10%
Information13%
US avg: 11.1%
Agriculture, forestry, fishing10.1%
US avg: 1.7%
Construction9.8%
US avg: 1.2%
Other services5.3%
US avg: 6.6%
Finance & insurance4.9%
US avg: 5.5%
Public administration4.8%
US avg: 4.7%
Wholesale trade4.8%
US avg: 6.7%
Professional, scientific, technical3.6%
US avg: 4.7%
Transportation & warehousing2.9%
US avg: 2.5%
Education & health services1.3%
US avg: 0.8%
Arts, entertainment, food1.1%
US avg: 2%
Manufacturing0.3%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$126,400
+31%inflation adjusted, since 2000
from $64,200 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$636
+24%inflation adjusted, since 2000
from $342 in 2000
US average: $1,124
Owner-occupied
73.8%
−3.6 ptssince 2000
from 77.4% in 2000
26.2% rent
Afford Score
2.3
+27%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in Fairmont on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.8%(21,100)
Black0.2%(53)
Hispanic / Latino1.9%(421)
Asian0.4%(90)
Other0%
Diversity Score6.4%(1,390)
Segregation Score0%
2020
White, non-Hispanic89.6%(17,947)
Black0.6%(112)
Hispanic / Latino6.6%(1,320)
Asian0.5%(92)
Other1.8%(368)
Diversity Score22.1%(4,427)
Segregation Score35.7%(7,141)
Diversity Score
22
+247%since 2000
from 6 in 2000
1990 – 2024
Segregation Score
36
Section 05

Education

Bachelor's degree or higher
21.7%
+5.6 ptssince 2000
from 16.1% in 2000
US average: 32.9%
High school or higher
93.6%
+9.8 ptssince 2000
from 83.7% in 2000
US average: 88.5%
Graduate degree
6.0%
+2.1 ptssince 2000
from 3.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.6 min
+46%since 2000
from 11.4 min in 2000
US average: 26.9
Drive alone to work
80.7%
+1.6 ptssince 2009
from 79.1% in 2009
US average: 75.1%
No vehicle available
5.3%
−1.8 ptssince 2009
from 7.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.5%
+0.8 ptssince 2011
from 3.7% in 2011
US average: 5.4%
Labor force participation
64.0%
−0.4 ptssince 2011
from 64.4% in 2011
US average: 63.4%
Management & professional
33.7%
−27.4 ptssince 2009
from 61.1% in 2009
US average: 39.3%
Section 08

People & community

Male
50.2%
+0.9 ptssince 2009
from 49.3% in 2009
Female
49.8%
−0.9 ptssince 2009
from 50.7% in 2009
Foreign born
1.5%
−0.5 ptssince 2009
from 2.1% in 2009
US average: 13.5%
Uninsured
6.1%
−86.0 ptssince 2013
from 92.1% in 2013
US average: 8.8%
In this metro

Principal cities

FairmontCENTRAL10,099
What's inside

1 component county

Martin CountyCENTRAL19,440
Drill deeper

Metros similar to Fairmont

Maryville
Pop 20,174
Guymon
Pop 20,322
Franklin
Pop 20,788
Hereford
Pop 18,626
Places similar to Fairmont
Head to head

Compare Fairmont side by side

FAIRMONT VS
Maryville
Income$59,315+10%
Home value$177,500+40%
Population20,174+4%
SEE FULL COMPARISON →
FAIRMONT VS
Guymon
Income$60,069+12%
Home value$163,500+29%
Population20,322+5%
SEE FULL COMPARISON →
FAIRMONT VS
Franklin
Income$59,858+11%
Home value$229,400+81%
Population20,788+7%
SEE FULL COMPARISON →
FAIRMONT VS
Hereford
Income$60,799+13%
Home value$121,300−4%
Population18,626−4%
SEE FULL COMPARISON →
Frequently asked

How many people live in Fairmont, MN?

Fairmont, MN has about 20,025 residents according to the 2020 American Community Survey.

What is the median household income in Fairmont, MN?

The typical household in Fairmont, MN earns about $53,851 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 $126,400, and the typical rent is about $636 a month.

How educated are people in Fairmont, MN?

About 21.7% 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 12.9% 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 2,889 residents, a change of about -13 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024

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