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Fairmount, Maryland

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
440
Population
$51,827
Median Income
$146,200
Home Value
55.5
Median Age

Demographics

Fairmount has a population of 440 with a median age of 55.5. Here is the racial and ethnic breakdown of the population:

White
48.2%
Asian
20.2%
Other
19.4%
Black
7.0%
Hispanic
5.2%
Demographic Value
Total Population440
Median Age55.5
White48.2%
Black or African American7.0%
Asian20.2%
Hispanic or Latino5.2%
Other / Two or More Races19.4%
Fairmount, Maryland — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 48.2%Asian: 20.2%Other: 19.4%Black: 7.0%Hispanic/Latino: 5.2%440PopulationWhiteWhite48.2%AsianAsian20.2%OtherOther19.4%BlackBlack7.0%Hispanic/LatinoHispanic/Latino5.2%

Income & Economy

The median household income in Fairmount is $51,827, which is 35.7% below the national median of $80,610. The per capita income is $27,535. The poverty rate is 28.4%.

$51,827
Median Household Income
$27,535
Per Capita Income
28.4%
Poverty Rate

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Education

In Fairmount, 82.2% of residents age 25+ have a high school diploma or higher, and 22.3% hold a bachelor's degree or higher (13.9% with a graduate or professional degree).

HS Diploma+
82.2%
Bachelor's+
22.3%
Graduate+
13.9%
Education Level % of Adults (25+)
High School Diploma or Higher82.2%
Bachelor's Degree or Higher22.3%
Graduate or Professional Degree13.9%

Housing

The median home value in Fairmount is $146,200, below the national median of $303,400. The homeownership rate is 79.2%.

$146,200
Median Home Value
79.2%
Homeownership Rate
Housing Metric Value
Median Home Value$146,200
Homeownership Rate79.2%
Vacancy Rate13.2%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Fairmount, Maryland?
The population of Fairmount, Maryland is 440 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fairmount, Maryland?
The median household income in Fairmount, Maryland is $51,827. This is 35.7% below the national median of $80,610.
What is the median home value in Fairmount, Maryland?
The median home value in Fairmount, Maryland is $146,200.
What percentage of people in Fairmount have a college degree?
In Fairmount, Maryland, 22.3% of adults age 25 and older hold a bachelor's degree or higher, and 82.2% have a high school diploma or higher.
Is Fairmount, Maryland an affordable place to live?
The home price-to-income ratio in Fairmount, Maryland is 2.8x (median home value $146,200 vs. median income $51,827), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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