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 Rate | 3.9% |
| Poverty Rate | 27.6% |
| Gini Coefficient | 0.457 |
| Cost of Living Index | 105.0 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 94.3% |
| Public Transit | 0.0% |
| Work From Home | 5.7% |
Businesses
| Total Establishments | 452 |
| Restaurants | 25 |
| Healthcare | 47 |
| Retail | 58 |
| Manufacturing | 13 |
Tax
| IRS Avg AGI | $51,924 |
| Avg Property Tax | $3,126 |
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