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Fairmount, MD

Full City Profile · Maryland · Somerset County County

2.6 /5.0
C+ Fair
357 Population 29/sq mi density
$70,708 Median Income $31,579 per capita
59°F Avg Temperature 293 sunny days/yr
37 Violent Crime/100K 521 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$70,708 median income, 3.9% unemployment
F
Safety
1.0 / 5.0
37 violent crimes/100K
B+
Education
3.9 / 5.0
36.6% bachelor's degree or higher

Income Overview

Median Household Income
$70,708
6% below
US avg: $75,149
Per Capita Income
$31,579
19% below
US avg: $39,052
Unemployment Rate
3.9%
8% above
US avg: 3.6%
Poverty Rate
27.6%
123% 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
$70,708
94%
Per Capita
US: $39,052
$31,579
81%
IRS Avg AGI
US: $72,000
$51,924
72%
Avg Weekly Wage
US: $1,432
$1,119
78%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,119
22% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
5.7%
63% below US avg (15.2%)
Drive Alone
94.3%
29% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,231M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 94.3%
Public Transit 0%
Work From Home 5.7%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
452
Restaurants
25
Healthcare
47
Retail
58
Manufacturing
13

Tax & Financial

IRS Avg Adjusted Gross Income
$51,924
28% below US avg ($72,000)
Avg Property Tax
$3,126
11% below US avg ($3,500)
Cost of Living Index
105.0
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$70,708
Per Capita Income$31,579
IRS Avg Adjusted Gross Income$51,924
Avg Weekly Wage$1,119
County GDP$1,231M

Hardship Indicators

Unemployment Rate3.9%
Poverty Rate27.6%
Gini Coefficient0.457
Cost of Living Index105.0

Commute

Mean Commute28 minutes
Drive Alone94.3%
Public Transit0.0%
Work From Home5.7%

Businesses

Total Establishments452
Restaurants25
Healthcare47
Retail58
Manufacturing13

Tax

IRS Avg AGI$51,924
Avg Property Tax$3,126