Life in Fairmount research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Fairmount over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Fairmount:
The population in Fairmount is 9,998.
The median home value in Fairmount is $218,907.
The median income in Fairmount is $82,968.
The cost of living in Fairmount is 99 which is 1.0x lower than the national average.
The median rent in Fairmount is $1,226.
The unemployment rate in Fairmount is 1.7%.
The poverty rate in Fairmount is 7.3%.
The average high in Fairmount is 56.8° and the average low is 37.8°.
Cost of living in Fairmount summary. We use data on the cost of living to determine how expensive it is to live in Fairmount. Real estate prices drive most of the variance in cost of living around New York. Key points include:
The cost of living in Fairmount is 99 with 100 being average.
The cost of living in Fairmount is 1.0x lower than the national average.
The median home value in Fairmount is $218,907.
The median income in Fairmount is $82,968.
| Living Expense | Fairmount | New York | National Average | |
|---|---|---|---|---|
| Overall | 99 | 119 | 100 | |
| Services | 99 | 110 | 100 | |
| Groceries | 97 | 103 | 100 | |
| Health | 104 | 101 | 100 | |
| Housing | 83 | 145 | 100 | |
| Transportation | 107 | 105 | 100 | |
| Utilities | 106 | 99 | 100 | |
The average high in Fairmount is 56.8° and the average low is 37.8°.
There are 94.6 days of precipitation each year.
Expect an average of 40.9 inches of precipitation each year with 108.3 inches of snow.
| Stat | Fairmount |
|---|---|
| Average Annual High | 56.8 |
| Average Annual Low | 37.8 |
| Annual Precipitation Days | 94.6 |
| Average Annual Precipitation | 40.9 |
| Average Annual Snowfall | 108.3 |
The current population in Fairmount is 9,998. The population has decreased -0.6% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 9,998 | 0.2% |
| 2022 | 9,978 | -3.1% |
| 2021 | 10,292 | 4.8% |
| 2020 | 9,817 | -2.7% |
| 2019 | 10,092 | 1.0% |
| 2018 | 9,997 | 0.1% |
| 2017 | 9,986 | -1.0% |
| 2016 | 10,087 | -0.2% |
| 2015 | 10,106 | -0.1% |
| 2014 | 10,120 | -0.3% |
| 2013 | 10,154 | 1.4% |
| 2012 | 10,013 | 0.1% |
| 2011 | 10,005 | -0.5% |
| 2010 | 10,056 | - |
88.6% White with 8,858 White residents.
2.3% African American with 227 African American residents.
0.1% American Indian with 12 American Indian residents.
1.9% Asian with 185 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
3.4% Two Or More with 336 Two Or More residents.
3.8% Hispanic with 380 Hispanic residents.
| Race | Fairmount | NY | USA |
|---|---|---|---|
| White | 88.6% | 53.4% | 58.2% |
| African American | 2.3% | 13.6% | 12.0% |
| American Indian | 0.1% | 0.2% | 0.5% |
| Asian | 1.9% | 8.8% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.0% | 0.9% | 0.5% |
| Two Or More | 3.4% | 3.4% | 3.9% |
| Hispanic | 3.8% | 19.6% | 19.0% |
Fairmount is 50.6% female with 5,061 female residents.
Fairmount is 49.4% male with 4,936 male residents.
| Gender | Fairmount | NY | USA |
|---|---|---|---|
| Female | 50.6% | 51.2% | 50.5% |
| Male | 49.4% | 48.8% | 49.5% |
3.0% of adults in Fairmount completed < 9th grade.
3.0% of adults in Fairmount completed 9-12th grade.
23.0% of adults in Fairmount completed high school / ged.
19.0% of adults in Fairmount completed some college.
13.0% of adults in Fairmount completed associate's degree.
22.0% of adults in Fairmount completed bachelor's degree.
13.0% of adults in Fairmount completed master's degree.
2.0% of adults in Fairmount completed professional degree.
2.0% of adults in Fairmount completed doctorate degree.
| Education | Fairmount | NY | USA |
|---|---|---|---|
| < 9th Grade | 3.0% | 5.0% | 5.0% |
| 9-12th Grade | 3.0% | 6.0% | 6.0% |
| High School / GED | 23.0% | 25.0% | 26.0% |
| Some College | 19.0% | 15.0% | 19.0% |
| Associate's Degree | 13.0% | 9.0% | 9.0% |
| Bachelor's Degree | 22.0% | 22.0% | 21.0% |
| Master's Degree | 13.0% | 13.0% | 10.0% |
| Professional Degree | 2.0% | 3.0% | 2.0% |
| Doctorate Degree | 2.0% | 2.0% | 2.0% |
1.6% of households in Fairmount earn Less than $10,000.
2.4% of households in Fairmount earn $10,000 to $14,999.
8.0% of households in Fairmount earn $15,000 to $24,999.
3.2% of households in Fairmount earn $25,000 to $34,999.
9.7% of households in Fairmount earn $35,000 to $49,999.
19.1% of households in Fairmount earn $50,000 to $74,999.
16.0% of households in Fairmount earn $75,000 to $99,999.
19.7% of households in Fairmount earn $100,000 to $149,999.
12.8% of households in Fairmount earn $150,000 to $199,999.
7.4% of households in Fairmount earn $200,000 or more.
| Income | Fairmount | NY | USA |
|---|---|---|---|
| Less than $10,000 | 1.6% | 5.7% | 4.9% |
| $10,000 to $14,999 | 2.4% | 4.1% | 3.6% |
| $15,000 to $24,999 | 8.0% | 6.5% | 6.6% |
| $25,000 to $34,999 | 3.2% | 6.2% | 6.8% |
| $35,000 to $49,999 | 9.7% | 9.1% | 10.4% |
| $50,000 to $74,999 | 19.1% | 13.8% | 15.7% |
| $75,000 to $99,999 | 16.0% | 11.4% | 12.7% |
| $100,000 to $149,999 | 19.7% | 16.8% | 17.4% |
| $150,000 to $199,999 | 12.8% | 10.1% | 9.3% |
| $200,000 or more | 7.4% | 16.4% | 12.6% |