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Fairmount, IN

Full City Profile · Indiana · Grant County County

2.8 /5.0
C+ Fair
2,575 Population 1,620/sq mi density
$45,163 Median Income $22,715 per capita
$96,700 Home Value $161,276 Zillow
$827 Median Rent 30.1% income on rent
51°F Avg Temperature 275 sunny days/yr
327 Violent Crime/100K 617 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$45,163 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$96,700 home value, $827/mo rent
F
Safety
1.0 / 5.0
327 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
2.9%
19% below
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 Rate2.9%
Poverty Rate17.8%
Gini Coefficient0.432
Cost of Living Index93.3

Commute

Mean Commute24 minutes
Drive Alone83.9%
Public Transit1.5%
Work From Home0.0%

Businesses

Total Establishments1,280
Restaurants132
Healthcare170
Retail215
Manufacturing58

Tax

IRS Avg AGI$53,014
Avg Property Tax$2,512