Living in Fairmount, New York
Cost of living, income, home prices, rent and demographics of Fairmount · Census data 2020–2024
Fairmount has 9,724 residents with a median age of 39.8. The median household income is $84,225 (about the same as the New York median), the median home value is $184,000, the median rent is $1,341/month.
Fairmount at a glance
- Population
- 9,724
- Median age
- 39.8State: 39.8
- Median household income
- $84,225State: $85,974
- Median home value
- $184,000State: $423,800
- Median rent
- $1,341/moState: $1,621
- Homeowners
- 81.7%
- Bachelor's degree or higher
- 41.4%
- Average commute
- 19 min
Is Fairmount a good place to live?
Pros: Home values 57% lower than the state median; an average commute of 19 minutes; unemployment of 2.1%; a poverty rate of 8.2%.
Cons: Median household income about the same as the New York median.
The weather is best in June to September.
Cost of living in Fairmount
Housing is the biggest part of the cost of living. In Fairmount the median home value is $184,000, 45% lower than the U.S. median. Renters pay a median of $1,341 per month, which is 24.4% of household income. Homeowners with a mortgage pay $1,618 a month in housing costs.
Fairmount median household income
The median household income in Fairmount is $84,225 and the income per person is $41,939. 8.2% of residents live below the poverty line (New York: 14%).
Housing in Fairmount: homes for sale and rent
- Housing units
- 4,569
- Owner-occupied
- 81.7%
- Renter-occupied
- 18.3%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.26
Fairmount demographics
- Population
- 9,724
- Median age
- 39.8
- Under 18
- 21%
- 65 and older
- 19.9%
- Households
- 4,284
- Foreign-born
- 7.6%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairmount ›
Education in Fairmount
41.4% of adults 25 and older in Fairmount have a bachelor's degree or higher (New York: 40.2%), and 17.5% have a graduate or professional degree.
Jobs and commute in Fairmount
- Unemployment rate
- 2.1%State: 6.4%
- Average commute
- 19 minState: 33 min
- Work from home
- 11.6%
- Drive alone
- 83.2%
- Public transit
- 0.4%
- Walk to work
- 0.3%
- Homes with broadband
- 93.5%
Fairmount vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairmount | 9,724 | $84,225 | $184,000 | $1,341 |
| Westvale | 5,212 | $98,542 | $214,200 | — |
| Solvay | 6,544 | $61,166 | $150,000 | $946 |
| Camillus | 1,424 | $50,000 | $164,200 | $967 |
| Lakeland | 2,322 | $91,563 | $167,900 | $1,213 |
| Galeville | 3,962 | $65,352 | $140,100 | $1,125 |
| Liverpool | 2,695 | $86,932 | $189,600 | $1,219 |
| Syracuse | 146,384 | $47,819 | $138,400 | $1,039 |
| Seneca Knolls | 2,001 | $59,750 | $146,000 | $771 |
More for people moving to Fairmount
Fairmount ZIP code ›Weather and climate ›Living in Fairmount: FAQ
What is the median household income in Fairmount, NY?
The median household income in Fairmount is $84,225, about the same as the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fairmount?
The median home value in Fairmount is $184,000, compared with $423,800 in New York.
How much is rent in Fairmount?
The median gross rent in Fairmount is $1,341 per month, about 24.4% of household income.
Is Fairmount, NY a good place to live?
Pluses: home values 57% lower than the state median; an average commute of 19 minutes; unemployment of 2.1%; a poverty rate of 8.2%. Minuses: median household income about the same as the New York median.
What is the median age in Fairmount?
The median age in Fairmount is 39.8 years (New York: 39.8).
How long is the commute in Fairmount?
The average commute to work in Fairmount is 19 minutes; 11.6% of workers work from home.
What is the unemployment rate in Fairmount?
The unemployment rate in Fairmount is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairmount?
41.4% of adults in Fairmount 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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