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Fairhope, Alabama

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
24,190
Population
$94,274
Median Income
$430,900
Home Value
48.2
Median Age

Demographics

Fairhope has a population of 24,190 with a median age of 48.2. Here is the racial and ethnic breakdown of the population:

White
88.9%
Hispanic
4.7%
Black
3.2%
Other
2.6%
Asian
0.6%
Demographic Value
Total Population24,190
Median Age48.2
White88.9%
Black or African American3.2%
Asian0.6%
Hispanic or Latino4.7%
Other / Two or More Races2.6%
Fairhope, Alabama — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 88.9%Hispanic/Latino: 4.7%Black: 3.2%Other: 2.6%Other: 0.6%24,190PopulationWhiteWhite88.9%Hispanic/LatinoHispanic/Latino4.7%BlackBlack3.2%OtherOther2.6%OtherOther0.6%

Income & Economy

The median household income in Fairhope is $94,274, which is 17.0% above the national median of $80,610. The per capita income is $53,666. The poverty rate is 8.2%.

$94,274
Median Household Income
$53,666
Per Capita Income
8.2%
Poverty Rate

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Education

In Fairhope, 95.1% of residents age 25+ have a high school diploma or higher, and 53.5% hold a bachelor's degree or higher (23.1% with a graduate or professional degree).

HS Diploma+
95.1%
Bachelor's+
53.5%
Graduate+
23.1%
Education Level % of Adults (25+)
High School Diploma or Higher95.1%
Bachelor's Degree or Higher53.5%
Graduate or Professional Degree23.1%

Housing

The median home value in Fairhope is $430,900, above the national median of $303,400. The median monthly rent is $1,689. The homeownership rate is 80.4%.

$430,900
Median Home Value
$1,689/mo
Median Rent
80.4%
Homeownership Rate
Housing Metric Value
Median Home Value$430,900
Median Monthly Rent$1,689
Homeownership Rate80.4%
Vacancy Rate9.5%

Salaries in Alabama

Explore salary data for popular occupations in Alabama:

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Other Cities in Alabama

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Frequently Asked Questions

What is the population of Fairhope, Alabama?
The population of Fairhope, Alabama is 24,190 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fairhope, Alabama?
The median household income in Fairhope, Alabama is $94,274. This is 17.0% above the national median of $80,610.
What is the median home value in Fairhope, Alabama?
The median home value in Fairhope, Alabama is $430,900. The median monthly rent is $1,689.
What percentage of people in Fairhope have a college degree?
In Fairhope, Alabama, 53.5% of adults age 25 and older hold a bachelor's degree or higher, and 95.1% have a high school diploma or higher.
Is Fairhope, Alabama an affordable place to live?
The home price-to-income ratio in Fairhope, Alabama is 4.6x (median home value $430,900 vs. median income $94,274), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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