Last updated: 2024 BLS data · Page refreshed:
Fairmont has a population of 2,463 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,463 |
| Median Age | 38.9 |
| White | 26.5% |
| Black or African American | 51.2% |
| Hispanic or Latino | 1.3% |
| Other / Two or More Races | 21.0% |
The median household income in Fairmont is $36,641, which is 54.5% below the national median of $80,610. The per capita income is $25,609. The poverty rate is 29.0%.
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In Fairmont, 83.6% of residents age 25+ have a high school diploma or higher, and 18.0% hold a bachelor's degree or higher (6.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 83.6% |
| Bachelor's Degree or Higher | 18.0% |
| Graduate or Professional Degree | 6.3% |
The median home value in Fairmont is $106,800, below the national median of $303,400. The median monthly rent is $603. The homeownership rate is 46.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $106,800 |
| Median Monthly Rent | $603 |
| Homeownership Rate | 46.8% |
| Vacancy Rate | 18.7% |
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