Fairmont, MN
Full City Profile · Minnesota · Martin County County
3.3
/5.0
B
Good
10,348
Population
690/sq mi density
$59,228
Median Income
$39,233 per capita
$168,800
Home Value
$168,300 Zillow
$717
Median Rent
30.6% income on rent
46°F
Avg Temperature
260 sunny days/yr
259
Violent Crime/100K
2,115 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,228 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$168,800 home value, $717/mo rent
F
Safety
1.0 / 5.0
259 violent crimes/100K
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher
Income Overview
Median Household Income
$59,228
21% below
US avg: $75,149
Per Capita Income
$39,233
0% below
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
5.5%
56% below
US avg: 12.4%
Income Comparison: Fairmont vs. U.S. Average
Each bar shows Fairmont’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$59,228
79%
Per Capita
US: $39,052
$39,233
100%
IRS Avg AGI
US: $72,000
$69,768
97%
Avg Weekly Wage
US: $1,432
$1,033
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,033
28% below US avg ($1,432)
Mean Commute Time
15 min
45% below US avg (28 min)
Work From Home
7.0%
54% below US avg (15.2%)
Drive Alone
82.0%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,429M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82%
Public Transit
0%
Work From Home
7%
Other
11%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
705
Restaurants
49
Healthcare
84
Retail
80
Manufacturing
36
Tax & Financial
IRS Avg Adjusted Gross Income
$69,768
3% below US avg ($72,000)
Avg Property Tax
$3,403
3% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $59,228 |
| Per Capita Income | $39,233 |
| IRS Avg Adjusted Gross Income | $69,768 |
| Avg Weekly Wage | $1,033 |
| County GDP | $1,429M |
Hardship Indicators
| Unemployment Rate | 2.6% |
| Poverty Rate | 5.5% |
| Gini Coefficient | 0.419 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 82.0% |
| Public Transit | 0.0% |
| Work From Home | 7.0% |
Businesses
| Total Establishments | 705 |
| Restaurants | 49 |
| Healthcare | 84 |
| Retail | 80 |
| Manufacturing | 36 |
Tax
| IRS Avg AGI | $69,768 |
| Avg Property Tax | $3,403 |
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