Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.3 yrs |
|---|---|
| Avg HH Size | 2.42 |
| Below Poverty | 8.7% ▼ 14% below avg |
| College Grads | 33.9% ▼ 13% below avg |
| Unemployment | 1.5% ▼ 70% below avg |
| HS Graduate | 316 (41.1%) |
| Some College | 121 (15.8%) |
| Associates | 71 (9.2%) |
| Bachelors | 76 (9.9%) |
| Graduate Degree | 184 (24%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,500 ▼ 12% below avg |
|---|---|
| Median Home Value | $127,900 ▼ 54% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $735/mo |
| Total Housing Units | 503 |
| Vacant Units | 39 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Fairmount is a city in Illinois, located in Vermilion County. The city spans 1 ZIP code and is home to approximately 1,122 residents. It is a mature city, with a median age of 45.3 years.
Economically, Fairmount is a solidly middle-class community. The median household income of $67,500 is near the national average. Approximately 8.7% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.
The real estate market in Fairmount is one of the more affordable housing markets in the country. Median home values stand at $127,900, which is well below the national average. Renters typically pay around $735 per month. Homeownership is high at 85.8%, typical of suburban and family-oriented communities.
The population of Fairmount is moderately educated. 33.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (98.48%).
Fairmount, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61841 | 1,122 | $67,500 | $127,900 | $735 | 1.5% | 33.9% | 85.8% |