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Last Updated: 08/14/2022


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All About

Living In Fairmount, IN

A small town located in Indiana, Fairmount has a population of slightly less than 3,000. Retirees account for a greater percentage of the population (18%) here than nationally (14%), while young adults account for a smaller percentage of the town. Home ownership is more common than renting in the area, and 29% of residents rent. With a relatively low average rent of $636 a month in the town, renting remains an affordable option, particularly compared to other cities in Indiana. Over the course of a year, renters in Fairmount will save around $2,300 compared to the state average.

With an average commute time of about 22 minutes, faster than most cities in the state, Fairmount residents are well aware that it isn't overly time-consuming to travel to work. Many residents (42%) commute to work by car or truck, while public transportation is not used. Relatively few residents commute to work on foot.

Fairmount has a high concentration of residents over the age of 25 with a high school degree or GED (31%) compared to the national average. In addition, 6% have a Bachelor's degree and 1% possess a Master's or Doctoral degree. There are four primary industries in Fairmount: manufacturing, healthcare, retail, and education. Together, these industries account for 29% of the labor force in the town. Meanwhile, in terms of job function, 6% of the town's population works in sales, making it the top career path in the town. Fairmount workers earn an average annual income of just over $51K, less than the average Indiana resident. Fairmount's average income also trails the national average ($73,345).

Frequently Asked Questions About Fairmount

How much does it cost to rent in Fairmount, IN?

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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