Fairmont, NE
Population 584 · Nebraska
About Fairmont, NE
Fairmont is a small community in Nebraska with a population of 584 residents. The median household income is $67,404 per year, which is near the national average. The median age in Fairmont is 61.5 years.
Housing in Fairmont has a median home value of $65,000 and median monthly rent of $627. Of the 297 total housing units, the majority are owner-occupied, with 222 owner-occupied and 55 renter-occupied units.
The unemployment rate in Fairmont is 0.0% and the poverty rate is 12.8%. 9.2% of residents hold a bachelor's degree or higher. The average commute time is 20.5 minutes.
Cost of Living in Fairmont, NE
Compared to national averages, Fairmont has a median household income of $67,404 (10% below the national median of $75,149). Home values average $65,000, which is 73% below the national median. Monthly rent at $627 is 46% below the US average of $1,163. Within Nebraska, Fairmont's income is 2% above the state average of $65,895, and home values are 48% below the state median of $125,824.
Why Live in Fairmont, NE?
Fairmont offers affordable housing with a median home value of $65,000, below the US average of $244,900, and rent that’s lower than the national average at $627/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($67,404) that falls below the national average. However, Fairmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fairmont has a population of 584 with a median age of 61.5 years. Compare Fairmont with other cities to see how it stacks up, or explore all cities in Nebraska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fairmont
What is the population of Fairmont, NE?
The population of Fairmont, NE is 584 according to the latest Census data.
What is the median household income in Fairmont?
The median household income in Fairmont, NE is $67,404 per year.
What is the median home value in Fairmont?
The median home value in Fairmont, NE is $65,000.
What is the average rent in Fairmont?
The median monthly rent in Fairmont, NE is $627.
What is the unemployment rate in Fairmont?
The unemployment rate in Fairmont, NE is 0.0%.