Fairmount, IN
Population 2,575 · Indiana
About Fairmount, IN
Fairmount is a small community in Indiana with a population of 2,575 residents. The median household income is $45,163 per year, which is below the national average. The median age in Fairmount is 35.1 years.
Housing in Fairmount has a median home value of $96,700 and median monthly rent of $827. Of the 1,125 total housing units, the majority are owner-occupied, with 707 owner-occupied and 340 renter-occupied units.
The unemployment rate in Fairmount is 5.3% and the poverty rate is 22.4%. 10.7% of residents hold a bachelor's degree or higher. The average commute time is 23.9 minutes.
Cost of Living in Fairmount, IN
Compared to national averages, Fairmount has a median household income of $45,163 (40% below the national median of $75,149). Home values average $96,700, which is 61% below the national median. Monthly rent at $827 is 29% below the US average of $1,163. Within Indiana, Fairmount's income is 35% below the state average of $69,330, and home values are 41% below the state median of $163,409.
Why Live in Fairmount, IN?
Fairmount offers affordable housing with a median home value of $96,700, below the US average of $244,900, and rent that’s lower than the national average at $827/month, and short commute times averaging just 23.9 minutes.
Potential considerations include median household income ($45,163) that falls below the national average. However, Fairmount’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fairmount has a population of 2,575 with a median age of 35.1 years. Compare Fairmount with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Fairmount
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rising Sun | 2,570 | $54,821 | $141,500 | Compare |
| Lapel | 2,568 | $77,563 | $201,900 | Compare |
| Osceola | 2,583 | $63,063 | $178,300 | Compare |
| Rockville | 2,551 | $48,125 | $97,800 | Compare |
| Wakarusa | 2,519 | $76,008 | $202,400 | Compare |
| Butler | 2,632 | $50,179 | $100,700 | Compare |
| Oakland City | 2,635 | $48,750 | $102,000 | Compare |
| Avilla | 2,637 | $73,250 | $174,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fairmount
What is the population of Fairmount, IN?
The population of Fairmount, IN is 2,575 according to the latest Census data.
What is the median household income in Fairmount?
The median household income in Fairmount, IN is $45,163 per year.
What is the median home value in Fairmount?
The median home value in Fairmount, IN is $96,700.
What is the average rent in Fairmount?
The median monthly rent in Fairmount, IN is $827.
What is the unemployment rate in Fairmount?
The unemployment rate in Fairmount, IN is 5.3%.