At a Glance
Median Income
$133,232
$61,371 per capita
Home Value
$482,700
Zillow: $668,688
Median Rent
$1,443/mo
14.4% of income on rent
Bachelor's Degree+
51.8%
93.2% high school+
Unemployment
0.0%
3.5% poverty rate
Obesity Rate
28.6%
10.6% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Fairmount a Good Place to Live?
A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Fairmount residents earn a median household income of $133,232 , which is 77% above the national average of $75,149.
Per capita income is $61,371. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 3.5% of residents live below the poverty line. The area is home to 13,611 business establishments, including 952 restaurants.
Housing & Cost of Living
The median home value in Fairmount is $482,700 , 71% above the national median of $281,900.
Zillow estimates the typical home at $668,688. Median rent is $1,443/month, with 14.4% of renters spending more than 30% of income on housing. The cost of living index is 91.9 (100 = national average). The median home was built in 1984.
Education
51.8% of adults in Fairmount hold a bachelor's degree or higher
(54% above the national average).
93.2% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Fairmount has an average annual temperature of 62°F (17°C).
Winters average 42°F in January while summers reach 81°F in July. Annual precipitation totals 55.0 inches. Air quality is rated Good with a median AQI of 48.
Data Overview
People
Population1,932
Median Age45.1 yrs
Density461/mi²
Male / Female48% / 52%
Foreign Born0.3%
Veterans6.3%
Economy
A+
Median Income$133,232
Per Capita$61,371
Unemployment0.0%
Poverty3.5%
County GDP$37,279M
Avg Weekly Wage$1,269
Housing
A+
Home Value$482,700
Rent$1,443
Ownership90.8%
Zillow$668,688
Housing Units721
Rent Burden14.4%
Health
Obesity28.6%
Diabetes7.6%
Smoking10.6%
Heart Disease4.3%
Premature Death10,011/100K
Climate
Avg Temp62°F
Rain55.0 in/yr
AQI48 (Good)
Elevation1,923 ft
Education
A+
Bachelor's+51.8%
High School+93.2%
Graduate+16.8%
School Score5.1/10
Community
2024 VoteR 56% / D 43%
Commute27 min
Broadband94.3%
Internet Speed224 Mbps
EV Stations2
Libraries8
Did You Know?
The median home in Fairmount was built in 1984.
21.1% work from home.
The nearest airport is Tullahoma Regional/Wm Northern Field (53 miles).
The Gini coefficient (income inequality) is 0.484 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
8.7% of the population has a disability.
Average internet download speed is 224 Mbps.
There are 952 restaurants in the area.
The county recorded 45 fatal vehicle crashes.
182 declared natural disasters on record.