Fairhope, AL
Population 23,360 · Alabama
About Fairhope, AL
Fairhope is a mid-sized city in Alabama with a population of 23,360 residents. The median household income is $86,509 per year, which is above the national average. The median age in Fairhope is 47.1 years.
Housing in Fairhope has a median home value of $406,500 and median monthly rent of $1,637. Of the 10,360 total housing units, the majority are owner-occupied, with 7,605 owner-occupied and 1,710 renter-occupied units.
The unemployment rate in Fairhope is 3.6% and the poverty rate is 9.6%. 53.4% of residents hold a bachelor's degree or higher. The average commute time is 23.4 minutes.
How Fairhope Ranks in Alabama
Cost of Living in Fairhope, AL
Compared to national averages, Fairhope has a median household income of $86,509 (15% above the national median of $75,149). Home values average $406,500, which is 66% above the national median. Monthly rent at $1,637 is 41% above the US average of $1,163. Within Alabama, Fairhope's income is 49% above the state average of $57,952, and home values are 155% above the state median of $159,358.
Why Live in Fairhope, AL?
Fairhope offers a strong local economy with a median household income of $86,509, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 53.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.6%, better than the national average, and short commute times averaging just 23.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $406,500. However, Fairhope’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fairhope has a population of 23,360 with a median age of 47.1 years. Compare Fairhope with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Fairhope
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Albertville | 22,584 | $57,103 | $158,900 | Compare |
| Foley | 22,330 | $67,346 | $260,100 | Compare |
| Pelham | 24,510 | $91,904 | $278,900 | Compare |
| Mountain Brook | 22,160 | $191,128 | $891,300 | Compare |
| Oxford | 22,063 | $70,065 | $164,700 | Compare |
| Helena | 21,452 | $109,590 | $292,700 | Compare |
| Anniston | 21,377 | $44,806 | $141,600 | Compare |
| Bessemer | 25,655 | $37,844 | $129,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fairhope
What is the population of Fairhope, AL?
The population of Fairhope, AL is 23,360 according to the latest Census data.
What is the median household income in Fairhope?
The median household income in Fairhope, AL is $86,509 per year.
What is the median home value in Fairhope?
The median home value in Fairhope, AL is $406,500.
What is the average rent in Fairhope?
The median monthly rent in Fairhope, AL is $1,637.
What is the unemployment rate in Fairhope?
The unemployment rate in Fairhope, AL is 3.6%.