Fairmount, IN
Full City Profile · Indiana · Grant County County
Fairmount, IN
At a Glance
How Fairmount Compares to the U.S. Average
Each bar shows Fairmount's value as a percentage of the national average (100% = U.S. avg)
Is Fairmount a Good Place to Live?
Economy & Jobs
Fairmount residents earn a median household income of $45,163 , which is 40% below the national average of $75,149. Per capita income is $22,715. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 17.8% of residents live below the poverty line. The area is home to 1,280 business establishments, including 132 restaurants.
Housing & Cost of Living
The median home value in Fairmount is $96,700 , 66% below the national median of $281,900. Zillow estimates the typical home at $175,836. Median rent is $827/month, with 30.1% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1954.
Safety & Crime
Fairmount reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 329/100K.
Education
10.7% of adults in Fairmount hold a bachelor's degree or higher (68% below the national average). 90.0% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Fairmount has an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 73°F in July. Annual precipitation totals 41.8 inches.