Fairmount, IN
Full City Profile · Indiana · Grant County County
3.0
/5.0
B
Good
2,575
Population
1,620/sq mi density
$45,163
Median Income
$22,715 per capita
$96,700
Home Value
$175,836 Zillow
$827
Median Rent
30.1% income on rent
50°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$45,163 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$96,700 home value, $827/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.9 / 5.0
10.7% bachelor's degree or higher
Income Overview
Median Household Income
$45,163
40% below
US avg: $75,149
Per Capita Income
$22,715
42% below
US avg: $39,052
Unemployment Rate
5.3%
47% above
US avg: 3.6%
Poverty Rate
17.8%
44% above
US avg: 12.4%
Income Comparison: Fairmount vs. U.S. Average
Each bar shows Fairmount’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$45,163
60%
Per Capita
US: $39,052
$22,715
58%
IRS Avg AGI
US: $72,000
$53,014
74%
Avg Weekly Wage
US: $1,432
$979
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$979
32% below US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
83.9%
15% above US avg (73.2%)
Public Transit
1.5%
70% below US avg (5.0%)
County GDP
$3,220M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83.9%
Public Transit
1.5%
Work From Home
0%
Other
14.6%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,280
Restaurants
132
Healthcare
170
Retail
215
Manufacturing
58
Tax & Financial
IRS Avg Adjusted Gross Income
$53,014
26% below US avg ($72,000)
Avg Property Tax
$2,512
28% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $45,163 |
| Per Capita Income | $22,715 |
| IRS Avg Adjusted Gross Income | $53,014 |
| Avg Weekly Wage | $979 |
| County GDP | $3,220M |
Hardship Indicators
| Unemployment Rate | 5.3% |
| Poverty Rate | 17.8% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 83.9% |
| Public Transit | 1.5% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 1,280 |
| Restaurants | 132 |
| Healthcare | 170 |
| Retail | 215 |
| Manufacturing | 58 |
Tax
| IRS Avg AGI | $53,014 |
| Avg Property Tax | $2,512 |