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Fairmont City, Illinois

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
2,492
Population
$48,147
Median Income
$71,200
Home Value
38.9
Median Age

Demographics

Fairmont City has a population of 2,492 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:

Hispanic
75.4%
White
25.5%
Black
2.1%
Demographic Value
Total Population2,492
Median Age38.9
White25.5%
Black or African American2.1%
Hispanic or Latino75.4%
Fairmont City, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 103.Hispanic/Latino: 73.2%White: 24.8%Black: 2.0%2,492PopulationHispanic/LatinoHispanic/Latino73.2%WhiteWhite24.8%BlackBlack2.0%

Income & Economy

The median household income in Fairmont City is $48,147, which is 40.3% below the national median of $80,610. The per capita income is $23,504. The poverty rate is 33.7%.

$48,147
Median Household Income
$23,504
Per Capita Income
33.7%
Poverty Rate

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Education

In Fairmont City, 68.6% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher (5.2% with a graduate or professional degree).

HS Diploma+
68.6%
Bachelor's+
13.2%
Graduate+
5.2%
Education Level % of Adults (25+)
High School Diploma or Higher68.6%
Bachelor's Degree or Higher13.2%
Graduate or Professional Degree5.2%

Housing

The median home value in Fairmont City is $71,200, below the national median of $303,400. The median monthly rent is $1,084. The homeownership rate is 78.7%.

$71,200
Median Home Value
$1,084/mo
Median Rent
78.7%
Homeownership Rate
Housing Metric Value
Median Home Value$71,200
Median Monthly Rent$1,084
Homeownership Rate78.7%
Vacancy Rate15.5%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Fairmont City, Illinois?
The population of Fairmont City, Illinois is 2,492 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fairmont City, Illinois?
The median household income in Fairmont City, Illinois is $48,147. This is 40.3% below the national median of $80,610.
What is the median home value in Fairmont City, Illinois?
The median home value in Fairmont City, Illinois is $71,200. The median monthly rent is $1,084.
What percentage of people in Fairmont City have a college degree?
In Fairmont City, Illinois, 13.2% of adults age 25 and older hold a bachelor's degree or higher, and 68.6% have a high school diploma or higher.
Is Fairmont City, Illinois an affordable place to live?
The home price-to-income ratio in Fairmont City, Illinois is 1.5x (median home value $71,200 vs. median income $48,147), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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