Living in Fairmont City, Illinois
Cost of living, income, home prices, rent and demographics of Fairmont City · Census data 2020–2024
Fairmont City has 2,492 residents with a median age of 38.9. The median household income is $48,147 (42% lower than the Illinois median), the median home value is $71,200, the median rent is $1,084/month.
Fairmont City at a glance
- Population
- 2,492
- Median age
- 38.9State: 39
- Median household income
- $48,147State: $83,390
- Median home value
- $71,200State: $263,300
- Median rent
- $1,084/moState: $1,274
- Homeowners
- 78.7%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 17 min
Is Fairmont City a good place to live?
Pros: Home values 73% lower than the state median; an average commute of 17 minutes; unemployment of 1.7%.
Cons: Median household income 42% lower than the Illinois median; a poverty rate of 33.7%.
The weather is best in May and August to October.
Cost of living in Fairmont City
Housing is the biggest part of the cost of living. In Fairmont City the median home value is $71,200, 79% lower than the U.S. median. Renters pay a median of $1,084 per month, which is 14.6% of household income. Homeowners with a mortgage pay $983 a month in housing costs.
Fairmont City median household income
The median household income in Fairmont City is $48,147 and the income per person is $23,504. 33.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Fairmont City: homes for sale and rent
- Housing units
- 1,043
- Owner-occupied
- 78.7%
- Renter-occupied
- 21.3%
- Vacant
- 15.5%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.83
Fairmont City demographics
- Population
- 2,492
- Median age
- 38.9
- Under 18
- 26.9%
- 65 and older
- 16.7%
- Households
- 881
- Foreign-born
- 22.3%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairmont City ›
Education in Fairmont City
13.2% of adults 25 and older in Fairmont City have a bachelor's degree or higher (Illinois: 37.8%), and 5.2% have a graduate or professional degree.
Jobs and commute in Fairmont City
- Unemployment rate
- 1.7%State: 5.8%
- Average commute
- 17 minState: 28 min
- Work from home
- 12%
- Drive alone
- 71.3%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 76.2%
Fairmont City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairmont City | 2,492 | $48,147 | $71,200 | $1,084 |
| Washington Park | 1,701 | $38,750 | $37,500 | $864 |
| East St. Louis | 17,999 | $35,700 | $52,600 | $847 |
| Madison | 2,900 | $49,326 | $58,900 | $1,014 |
| Brooklyn | 729 | $30,673 | $37,500 | $904 |
| Caseyville | 4,130 | $60,669 | $96,800 | $1,122 |
| Venice | 1,636 | $32,066 | $54,000 | $1,015 |
| Sauget | 307 | $62,171 | $51,400 | $733 |
| Collinsville | 24,031 | $67,612 | $163,600 | $1,038 |
More for people moving to Fairmont City
Fairmont City ZIP code ›Weather and climate ›Living in Fairmont City: FAQ
What is the median household income in Fairmont City, IL?
The median household income in Fairmont City is $48,147, 42% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fairmont City?
The median home value in Fairmont City is $71,200, compared with $263,300 in Illinois.
How much is rent in Fairmont City?
The median gross rent in Fairmont City is $1,084 per month, about 14.6% of household income.
Is Fairmont City, IL a good place to live?
Pluses: home values 73% lower than the state median; an average commute of 17 minutes; unemployment of 1.7%. Minuses: median household income 42% lower than the Illinois median; a poverty rate of 33.7%.
What is the median age in Fairmont City?
The median age in Fairmont City is 38.9 years (Illinois: 39).
How long is the commute in Fairmont City?
The average commute to work in Fairmont City is 17 minutes; 12% of workers work from home.
What is the unemployment rate in Fairmont City?
The unemployment rate in Fairmont City is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairmont City?
13.2% of adults in Fairmont City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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