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
Housing Overview
Median Home Value
$96,700
66% below
US avg: $281,900
Median Rent
$827/mo
29% below
US avg: $1,163/mo
Homeownership Rate
67.5%
3% above US avg (65.4%)
Total Housing Units
1,176
Median year built: 1954
Home Value by Source
Census Median
$96,700
Zillow (ZHVI)
$175,836
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.5%
Owner-Occupied
32.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$827/mo
Affordability & Housing Stock
Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
67.5%
Complete Housing Data
Home Values
| Census Median Value | $96,700 |
| Zillow Home Value (ZHVI) | $175,836 |
Rent
| Census Median Rent | $827 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 67.5% |
| Renter-Occupied | 32.5% |
| Homeownership Rate | 67.5% |
| Total Housing Units | 1,176 |
| Median Year Built | 1954 |
| Rent Burden | 30.1% |