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Fairmount, Tennessee

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
2,110
Population
$137,317
Median Income
$464,500
Home Value
43.3
Median Age

Demographics

Fairmount has a population of 2,110 with a median age of 43.3. Here is the racial and ethnic breakdown of the population:

White
87.7%
Other
8.6%
Hispanic
2.2%
Asian
1.5%
Demographic Value
Total Population2,110
Median Age43.3
White87.7%
Asian1.5%
Hispanic or Latino2.2%
Other / Two or More Races8.6%
Fairmount, Tennessee — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 87.7%Other: 8.6%Hispanic/Latino: 2.2%Other: 1.5%2,110PopulationWhiteWhite87.7%OtherOther8.6%Hispanic/LatinoHispanic/Latino2.2%OtherOther1.5%

Income & Economy

The median household income in Fairmount is $137,317, which is 70.3% above the national median of $80,610. The per capita income is $63,544. The poverty rate is 3.7%.

$137,317
Median Household Income
$63,544
Per Capita Income
3.7%
Poverty Rate

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Education

In Fairmount, 94.1% of residents age 25+ have a high school diploma or higher, and 49.6% hold a bachelor's degree or higher (17.8% with a graduate or professional degree).

HS Diploma+
94.1%
Bachelor's+
49.6%
Graduate+
17.8%
Education Level % of Adults (25+)
High School Diploma or Higher94.1%
Bachelor's Degree or Higher49.6%
Graduate or Professional Degree17.8%

Housing

The median home value in Fairmount is $464,500, above the national median of $303,400. The median monthly rent is $1,675. The homeownership rate is 88.9%.

$464,500
Median Home Value
$1,675/mo
Median Rent
88.9%
Homeownership Rate
Housing Metric Value
Median Home Value$464,500
Median Monthly Rent$1,675
Homeownership Rate88.9%
Vacancy Rate2.7%

Salaries in Tennessee

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Fairmount, Tennessee?
The population of Fairmount, Tennessee is 2,110 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fairmount, Tennessee?
The median household income in Fairmount, Tennessee is $137,317. This is 70.3% above the national median of $80,610.
What is the median home value in Fairmount, Tennessee?
The median home value in Fairmount, Tennessee is $464,500. The median monthly rent is $1,675.
What percentage of people in Fairmount have a college degree?
In Fairmount, Tennessee, 49.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.1% have a high school diploma or higher.
Is Fairmount, Tennessee an affordable place to live?
The home price-to-income ratio in Fairmount, Tennessee is 3.4x (median home value $464,500 vs. median income $137,317), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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