Fairmount, ND

Full City Profile · North Dakota · Richland County County

3.5 /5.0
B+ Good
316 Population 958/sq mi density
$55,313 Median Income $35,974 per capita
$79,300 Home Value $147,593 Zillow
$567 Median Rent 16.7% income on rent
43°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$55,313 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$79,300 home value, $567/mo rent
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher

Fairmount, ND

At a Glance

Median Income
$55,313
26% below
$35,974 per capita
Home Value
$79,300
72% below
Zillow: $147,593
Median Rent
$567/mo
51% below
16.7% of income on rent
Bachelor's Degree+
13.4%
60% below
90.6% high school+
Unemployment
3.1%
14% below
14.8% poverty rate
Obesity Rate
36.3%
13% above
13.0% smoking rate
Avg Temperature
43°F

How Fairmount Compares to the U.S. Average

Each bar shows Fairmount's value as a percentage of the national average (100% = U.S. avg)

Income
74%
Home Value
28%
Rent
49%
Poverty
119%
Bachelor's
40%
Unemployment
86%
Thin vertical line = U.S. national average (100%)

Is Fairmount a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Fairmount residents earn a median household income of $55,313 , which is 26% below the national average of $75,149. Per capita income is $35,974. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 14.8% of residents live below the poverty line. The area is home to 704 business establishments, including 43 restaurants.

Housing & Cost of Living

The median home value in Fairmount is $79,300 , 72% below the national median of $281,900. Zillow estimates the typical home at $147,593. Median rent is $567/month, with 16.7% of renters spending more than 30% of income on housing. The cost of living index is 89.0 (100 = national average). The median home was built in 1959.

Education

13.4% of adults in Fairmount hold a bachelor's degree or higher (60% below the national average). 90.6% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Fairmount has an average annual temperature of 43°F (6°C). Winters average 10°F in January while summers reach 71°F in July. Annual precipitation totals 24.5 inches.

Data Overview

People

Population316
Median Age39.2 yrs
Density958/mi²
Male / Female56% / 44%
Foreign Born2.2%
Veterans10.0%

Economy

B+
Median Income$55,313
Per Capita$35,974
Unemployment3.1%
Poverty14.8%
County GDP$1,478M
Avg Weekly Wage$1,042

Housing

A+
Home Value$79,300
Rent$567
Ownership89.4%
Zillow$147,593
Housing Units199
Rent Burden16.7%

Health

Obesity36.3%
Diabetes8.4%
Smoking13.0%
Heart Disease4.9%
Premature Death7,004/100K

Climate

Avg Temp43°F
Rain24.5 in/yr
Elevation984 ft

Education

C
Bachelor's+13.4%
High School+90.6%
Graduate+3.7%
School Score5.7/10

Community

2024 VoteR 68% / D 30%
Commute15 min
Broadband92.1%
Internet Speed184 Mbps
EV Stations3
Libraries2

Did You Know?

Fairmount was founded in 1884.
The median home in Fairmount was built in 1959.
The nearest airport is Hector International (61 miles).
The Gini coefficient (income inequality) is 0.468 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
18.7% of the population has a disability.
Average internet download speed is 184 Mbps.
The county recorded 3 fatal vehicle crashes.
91 declared natural disasters on record.