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NEIGHBORHOOD

Fairmount

Pennsylvania · Philadelphia · 6,315 residents · 0.163 sq mi
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The short version

Fairmount is significantly wealthier than the US average, with a median household income of $119,251. Population has held roughly steady since 2024. 86% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $465,599. Poverty is rare here, at 4.0% of residents. Households here earn about 92% more than the Philadelphia median. These figures are approximated by combining the 2 census tracts that make up Fairmount; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 35.7
US median: 38.9
More educated
86% hold a bachelor's degree
US average: 36%
Renter-heavy
59% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
6,315
Population density
38,742 / sq mi
US average: 281
Median age
35.7
US average: 38.9
Section 02

Income & economy

Median household income
$119,251
US average: $82,259
Per capita income
$85,726
US average: $44,673
Households earning $100K+
74.5%
US average: 53.3%
Poverty rate
4.0%
US average: 12.5%
Income inequality (Gini)
0.410
US average: 0.476
Workforce by industry, 2024
Other services8%
US avg: 6.7%
Public administration7.3%
US avg: 4.8%
Information6.3%
US avg: 10.8%
Retail trade5.7%
US avg: 9.9%
Transportation & warehousing3.9%
US avg: 2.2%
Arts, entertainment, food3.4%
US avg: 1.9%
Finance & insurance1.4%
US avg: 5.9%
Professional, scientific, technical1.2%
US avg: 5.1%
Wholesale trade0.8%
US avg: 6.9%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Manufacturing0.5%
US avg: 0.4%
Education & health services0.2%
US avg: 0.9%
Construction0.1%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$465,599
US average: $376,019
Median gross rent
$1,930
US average: $1,442
Owner-occupied
58.8%
41.2% rent
Vacancy rate
2.8%
US average: 10.0%
Owner cost-burdened
21.9%
US average: 22.9%
Renter cost-burdened
28.8%
US average: 47.4%
Afford Score
3.9
RELATED:See current rent listings in Fairmount on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic81%(5,118)
Black4.3%(274)
Hispanic / Latino6.3%(397)
Asian4.4%(279)
Other3.9%(247)
Diversity Score41.7%(2,635)
2024
White, non-Hispanic81%(5,118)
Black4.3%(274)
Hispanic / Latino6.3%(397)
Asian4.4%(279)
Other3.9%(247)
Diversity Score41.7%(2,635)
Diversity Score
42
Section 05

Education

Bachelor's degree or higher
85.7%
US average: 35.6%
High school or higher
99.3%
US average: 89.6%
Graduate degree
49.2%
US average: 14.0%
Section 06

Commute & transportation

Average commute
30.8 min
US average: 26.5
Drive alone to work
27.7%
US average: 68.9%
Carpooled to work
3.7%
US average: 8.5%
Public transit
11.1%
US average: 3.2%
Worked from home
41.3%
US average: 15.0%
Walked to work
7.1%
US average: 2.4%
Biked to work
8.2%
US average: 0.4%
No vehicle available
24.3%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.8%
US average: 5.2%
Labor force participation
84.3%
US average: 63.5%
Self-employed
16.0%
US average: 13.1%
Management & professional
80.6%
US average: 42.5%
Section 08

People & community

Male
48.0%
Female
52.0%
Foreign born
11.5%
US average: 14.1%
Veterans
3.0%
US average: 6.2%
With a disability
6.9%
US average: 13.3%
Uninsured
2.2%
US average: 8.4%
Broadband at home
95.7%
US average: 91.0%
English only at home
85.1%
US average: 77.7%
Spanish at home
4.8%
US average: 13.6%
Explore

Neighborhoods in Philadelphia

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Frequently asked

How many people live in Fairmount, Philadelphia, Pennsylvania?

Fairmount, Philadelphia, Pennsylvania has about 6,315 residents according to the 2024 American Community Survey.

What is the median household income in Fairmount, Philadelphia, Pennsylvania?

The typical household in Fairmount, Philadelphia, Pennsylvania earns about $119,251 a year. Half of households make more than that, and half make less.

Is Fairmount, Philadelphia, Pennsylvania expensive?

In Fairmount, Philadelphia, Pennsylvania, the median home is worth about $465,599, and the typical rent is about $1,930 a month.

How educated are people in Fairmount, Philadelphia, Pennsylvania?

About 85.7% of adults age 25 and over in Fairmount, Philadelphia, Pennsylvania hold a bachelor's degree or higher.

What is the poverty rate in Fairmount, Philadelphia, Pennsylvania?

About 4.0% of people in Fairmount, Philadelphia, Pennsylvania live below the federal poverty line.

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Containing area
Philadelphia

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

How we source and harmonize this data →