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NEIGHBORHOOD

Fairmount Park

Virginia · Norfolk · 5,224 residents · 0.77 sq mi
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The short version

Fairmount Park has notably lower household income than the US average, with a median household income of $56,760. Population has held roughly steady since 2024. 17% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $210,509. These figures are approximated by combining the 2 census tracts that make up Fairmount Park; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.1
US median: 38.9
Less educated
17% hold a bachelor's degree
US average: 36%
Renter-heavy
59% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
5,224
Population density
6,784 / sq mi
US average: 281
Median age
35.1
US average: 38.9
Section 02

Income & economy

Median household income
$56,760
US average: $82,259
Per capita income
$29,883
US average: $44,673
Households earning $100K+
37.8%
US average: 53.3%
Poverty rate
19.7%
US average: 12.5%
Income inequality (Gini)
0.422
US average: 0.476
Workforce by industry, 2024
Information16.5%
US avg: 10.8%
Wholesale trade6.3%
US avg: 6.9%
Other services6.1%
US avg: 6.7%
Public administration6.1%
US avg: 4.8%
Retail trade4.7%
US avg: 9.9%
Finance & insurance3.9%
US avg: 5.9%
Professional, scientific, technical3.8%
US avg: 5.1%
Transportation & warehousing2.9%
US avg: 2.2%
Arts, entertainment, food2.2%
US avg: 1.9%
Agriculture, forestry, fishing0.9%
US avg: 1.6%
Construction0.9%
US avg: 1.2%
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
$210,509
US average: $376,019
Median gross rent
$1,377
US average: $1,442
Owner-occupied
59.1%
40.9% rent
Vacancy rate
13.4%
US average: 10.0%
Owner cost-burdened
23.2%
US average: 22.9%
Renter cost-burdened
55.2%
US average: 47.4%
Afford Score
3.7
RELATED:See current rent listings in Fairmount Park on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic29.7%(1,551)
Black52.1%(2,723)
Hispanic / Latino7.8%(410)
Asian1.2%(63)
Other9.1%(477)
Diversity Score78.2%(4,085)
2024
White, non-Hispanic29.7%(1,551)
Black52.1%(2,723)
Hispanic / Latino7.8%(410)
Asian1.2%(63)
Other9.1%(477)
Diversity Score78.2%(4,085)
Diversity Score
78
Section 05

Education

Bachelor's degree or higher
16.6%
US average: 35.6%
High school or higher
85.5%
US average: 89.6%
Graduate degree
7.4%
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.8 min
US average: 26.5
Drive alone to work
70.2%
US average: 68.9%
Carpooled to work
9.3%
US average: 8.5%
Public transit
1.5%
US average: 3.2%
Worked from home
16.7%
US average: 15.0%
Walked to work
0.6%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
13.4%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
10.7%
US average: 5.2%
Labor force participation
66.8%
US average: 63.5%
Self-employed
14.9%
US average: 13.1%
Management & professional
31.9%
US average: 42.5%
Section 08

People & community

Male
46.3%
Female
53.7%
Foreign born
6.9%
US average: 14.1%
Veterans
18.8%
US average: 6.2%
With a disability
18.9%
US average: 13.3%
Uninsured
17.0%
US average: 8.4%
Broadband at home
84.0%
US average: 91.0%
English only at home
93.4%
US average: 77.7%
Spanish at home
5.4%
US average: 13.6%
Explore

Neighborhoods in Norfolk

Bayview BeachDowntownEast Ocean ViewGhentNorthsideRooseveltWards CornerNeighborhoods in Norfolk
Drill deeper

Places similar to Fairmount Park

Spring Lake
Pop 5,206
Hunters Point
Pop 5,840
Chinatown
Pop 5,287
Bolton
Pop 5,185
Places similar to Fairmount Park
Head to head

Compare Fairmount Park side by side

FAIRMOUNT PARK VS
Spring Lake
Income$57,932+2%
Home value$169,810−19%
Population5,206same
SEE FULL COMPARISON →
FAIRMOUNT PARK VS
Hunters Point
Income$57,958+2%
Home value$893,200+324%
Population5,840+12%
SEE FULL COMPARISON →
FAIRMOUNT PARK VS
Chinatown
Income$52,299−8%
Home value$576,702+174%
Population5,287+1%
SEE FULL COMPARISON →
FAIRMOUNT PARK VS
Bolton
Income$62,008+9%
Home value–
Population5,185−1%
SEE FULL COMPARISON →
Frequently asked

How many people live in Fairmount Park, Norfolk, Virginia?

Fairmount Park, Norfolk, Virginia has about 5,224 residents according to the 2024 American Community Survey.

What is the median household income in Fairmount Park, Norfolk, Virginia?

The typical household in Fairmount Park, Norfolk, Virginia earns about $56,760 a year. Half of households make more than that, and half make less.

Is Fairmount Park, Norfolk, Virginia expensive?

In Fairmount Park, Norfolk, Virginia, the median home is worth about $210,509, and the typical rent is about $1,377 a month.

How educated are people in Fairmount Park, Norfolk, Virginia?

About 16.6% of adults age 25 and over in Fairmount Park, Norfolk, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Fairmount Park, Norfolk, Virginia?

About 19.7% of people in Fairmount Park, Norfolk, Virginia live below the federal poverty line.

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Containing area
Norfolk

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

How we source and harmonize this data →