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Fairmount, New York

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
9,724
Population
$84,225
Median Income
$184,000
Home Value
39.8
Median Age

Demographics

Fairmount has a population of 9,724 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:

White
89.0%
Hispanic
4.5%
Other
3.2%
Asian
2.3%
Black
1.0%
Demographic Value
Total Population9,724
Median Age39.8
White89.0%
Black or African American1.0%
Asian2.3%
Hispanic or Latino4.5%
Other / Two or More Races3.2%
Fairmount, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 89.0%Hispanic/Latino: 4.5%Other: 3.2%Asian: 2.3%Other: 1.0%9,724PopulationWhiteWhite89.0%Hispanic/LatinoHispanic/Latino4.5%OtherOther3.2%AsianAsian2.3%OtherOther1.0%

Income & Economy

The median household income in Fairmount is $84,225, which is 4.5% above the national median of $80,610. The per capita income is $41,939. The poverty rate is 8.2%.

$84,225
Median Household Income
$41,939
Per Capita Income
8.2%
Poverty Rate

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Education

In Fairmount, 94.9% of residents age 25+ have a high school diploma or higher, and 41.4% hold a bachelor's degree or higher (17.5% with a graduate or professional degree).

HS Diploma+
94.9%
Bachelor's+
41.4%
Graduate+
17.5%
Education Level % of Adults (25+)
High School Diploma or Higher94.9%
Bachelor's Degree or Higher41.4%
Graduate or Professional Degree17.5%

Housing

The median home value in Fairmount is $184,000, below the national median of $303,400. The median monthly rent is $1,341. The homeownership rate is 81.7%.

$184,000
Median Home Value
$1,341/mo
Median Rent
81.7%
Homeownership Rate
Housing Metric Value
Median Home Value$184,000
Median Monthly Rent$1,341
Homeownership Rate81.7%
Vacancy Rate6.2%

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Frequently Asked Questions

What is the population of Fairmount, New York?
The population of Fairmount, New York is 9,724 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fairmount, New York?
The median household income in Fairmount, New York is $84,225. This is 4.5% above the national median of $80,610.
What is the median home value in Fairmount, New York?
The median home value in Fairmount, New York is $184,000. The median monthly rent is $1,341.
What percentage of people in Fairmount have a college degree?
In Fairmount, New York, 41.4% of adults age 25 and older hold a bachelor's degree or higher, and 94.9% have a high school diploma or higher.
Is Fairmount, New York an affordable place to live?
The home price-to-income ratio in Fairmount, New York is 2.2x (median home value $184,000 vs. median income $84,225), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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