Fairmount Park is a neighborhood of 5,224 people in Norfolk. 17% of adults hold a bachelor's degree, below the 36% national rate. Density works out to 6,784 people per square mile. The median age is 35.1, younger than the US median of 38.9. Median home value sits at $210,509. 19.7% of residents live below the federal poverty line. 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
Land area
0.77 sq mi
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%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
2.47 people
US average: 2.54
Owner cost-burdened
23.2%
US average: 22.9%
Renter cost-burdened
55.2%
US average: 47.4%
Afford Score
3.7
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
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)
2024
White, non-Hispanic29.7%(1,551)
Black52.1%(2,723)
Hispanic / Latino7.8%(410)
Asian1.2%(63)
Other9.1%(477)
Diversity Score
78
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
