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All About

Living In Fairmont, NC

Fairmont, North Carolina is a small town with a population of just over 2,000. Retirees can expect to feel right at home, as they account for 25% of the population compared to 14% nationally, while young professionals are less well-represented. At an average age of just over 44, the town's population skews older than most cities in North Carolina. Renters tend to be in the minority in Fairmont, and 62% of residents own their homes. Renters in the town benefit from a relatively low average rent of $492/month, which is $440 a month less than the state average.

There are two primary industries in Fairmont: manufacturing and healthcare. Combined, these industries account for 14% of the town's labor force. Meanwhile, looking at job function, many residents work in transportation, as 9% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of about $38K, Fairmont workers earn less than the average North Carolina resident. The town's average income also falls below the national average ($73,345). Fairmont has a large concentration of residents over the age of 25 with a high school degree or equivalent (25%) compared to the national average. Additionally, 5% have a Bachelor's degree and 2% have earned a Master's or Doctoral degree.

Fairmont has an average commute time of about 25 minutes. Many residents (32%) drive their own vehicle to work, while public transit isn't used. Few commuters walk to work.


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