Fairmount, MD
Full City Profile · Maryland · Somerset County County
3.2
/5.0
B
Good
357
Population
29/sq mi density
$70,708
Median Income
$31,579 per capita
58°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$70,708 median income, 7.6% unemployment
B+
Education
3.9 / 5.0
36.6% bachelor's degree or higher
Housing Overview
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
246
Median year built: 1981
Ownership vs. Renting
83.9%
Owner-Occupied
16.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Affordability & Housing Stock
Rent Burden
36.3%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
83.9%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $196,588 |
Rent
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
Ownership & Stock
| Owner-Occupied | 83.9% |
| Renter-Occupied | 16.1% |
| Homeownership Rate | 83.9% |
| Total Housing Units | 246 |
| Median Year Built | 1981 |
| Rent Burden | 36.3% |