Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.7 yrs |
|---|---|
| Avg HH Size | 2.31 |
| Below Poverty | 17.3% ▲ 73% above avg |
| College Grads | 31.7% ▼ 18% below avg |
| Unemployment | 4.1% ▼ 16% below avg |
| HS Graduate | 1,197 (40%) |
| Some College | 591 (19.8%) |
| Associates | 256 (8.6%) |
| Bachelors | 403 (13.5%) |
| Graduate Degree | 545 (18.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,387 ▼ 17% below avg |
|---|---|
| Median Home Value | $119,400 ▼ 57% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $805/mo |
| Total Housing Units | 2,149 |
| Vacant Units | 219 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Fairmount is a city in Indiana, located in Grant County. The city spans 1 ZIP code and is home to approximately 4,450 residents. It is a mature city, with a median age of 46.7 years.
Economically, Fairmount is a solidly middle-class community. The median household income of $63,387 is below the national average. Approximately 17.3% of residents live below the poverty line. The unemployment rate is 4.1%, 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 $119,400, which is well below the national average. Renters typically pay around $805 per month. Homeownership is high at 79.8%, typical of suburban and family-oriented communities.
The population of Fairmount is moderately educated. 31.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.92%).
Fairmount, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46928 | 4,450 | $63,387 | $119,400 | $805 | 4.1% | 31.7% | 79.8% |