Fairmount, ND
Population 316 · North Dakota
About Fairmount, ND
Fairmount is a small community in North Dakota with a population of 316 residents. The median household income is $55,313 per year, which is near the national average. The median age in Fairmount is 39.2 years.
Housing in Fairmount has a median home value of $79,300 and median monthly rent of $567. Of the 191 total housing units, the majority are owner-occupied, with 135 owner-occupied and 16 renter-occupied units.
The unemployment rate in Fairmount is 3.1% and the poverty rate is 11.7%. 13.4% of residents hold a bachelor's degree or higher. The average commute time is 14.6 minutes.
How Fairmount Ranks in North Dakota
Cost of Living in Fairmount, ND
Compared to national averages, Fairmount has a median household income of $55,313 (26% below the national median of $75,149). Home values average $79,300, which is 68% below the national median. Monthly rent at $567 is 51% below the US average of $1,163. Within North Dakota, Fairmount's income is 24% below the state average of $72,691, and home values are 43% below the state median of $139,496.
Why Live in Fairmount, ND?
Fairmount offers affordable housing with a median home value of $79,300, below the US average of $244,900, and rent that’s lower than the national average at $567/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a low poverty rate of 11.7%, better than the national average, and short commute times averaging just 14.6 minutes.
Potential considerations include median household income ($55,313) 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 316 with a median age of 39.2 years. Compare Fairmount with other cities to see how it stacks up, or explore all cities in North Dakota.
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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 Fairmount
What is the population of Fairmount, ND?
The population of Fairmount, ND is 316 according to the latest Census data.
What is the median household income in Fairmount?
The median household income in Fairmount, ND is $55,313 per year.
What is the median home value in Fairmount?
The median home value in Fairmount, ND is $79,300.
What is the average rent in Fairmount?
The median monthly rent in Fairmount, ND is $567.
What is the unemployment rate in Fairmount?
The unemployment rate in Fairmount, ND is 3.1%.