Living in Fairmont, North Carolina
Cost of living, income, home prices, rent and demographics of Fairmont · Census data 2020–2024
Fairmont has 2,463 residents with a median age of 38.9. The median household income is $36,641 (49% lower than the North Carolina median), the median home value is $106,800, the median rent is $603/month.
Fairmont at a glance
- Population
- 2,463
- Median age
- 38.9State: 39.1
- Median household income
- $36,641State: $72,388
- Median home value
- $106,800State: $288,900
- Median rent
- $603/moState: $1,228
- Homeowners
- 46.8%
- Bachelor's degree or higher
- 18%
- Average commute
- 24 min
Is Fairmont a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 49% lower than the North Carolina median; unemployment of 7.8%; a poverty rate of 29%.
The weather is best in April–May and September–October.
Cost of living in Fairmont
Housing is the biggest part of the cost of living. In Fairmont the median home value is $106,800, 68% lower than the U.S. median. Renters pay a median of $603 per month, which is 27.9% of household income. Homeowners with a mortgage pay $1,370 a month in housing costs.
Fairmont median household income
The median household income in Fairmont is $36,641 and the income per person is $25,609. 29% of residents live below the poverty line (North Carolina: 13%).
Housing in Fairmont: homes for sale and rent
- Housing units
- 1,169
- Owner-occupied
- 46.8%
- Renter-occupied
- 53.2%
- Vacant
- 18.7%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.54
Fairmont demographics
- Population
- 2,463
- Median age
- 38.9
- Under 18
- 22.9%
- 65 and older
- 22.2%
- Households
- 950
- Foreign-born
- 0.4%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairmont ›
Education in Fairmont
18% of adults 25 and older in Fairmont have a bachelor's degree or higher (North Carolina: 35.7%), and 6.3% have a graduate or professional degree.
Jobs and commute in Fairmont
- Unemployment rate
- 7.8%State: 4.7%
- Average commute
- 24 minState: 25 min
- Work from home
- 2%
- Drive alone
- 83%
- Public transit
- 0.6%
- Walk to work
- 5.2%
- Homes with broadband
- 76.5%
Fairmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairmont | 2,463 | $36,641 | $106,800 | $603 |
| Proctorville | 109 | $75,625 | $93,000 | $1,141 |
| McDonald | 106 | $51,875 | $95,600 | — |
| Marietta | 106 | $62,500 | $135,700 | $708 |
| Elrod | 246 | $30,625 | — | $776 |
| Rowland | 946 | $32,500 | $118,000 | $733 |
| Boardman | 210 | $59,750 | — | $925 |
| Lumberton | 18,859 | $42,877 | $152,600 | $866 |
| Lake View | 679 | $36,563 | $75,700 | $733 |
More for people moving to Fairmont
Fairmont ZIP code ›Weather and climate ›Living in Fairmont: FAQ
What is the median household income in Fairmont, NC?
The median household income in Fairmont is $36,641, 49% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fairmont?
The median home value in Fairmont is $106,800, compared with $288,900 in North Carolina.
How much is rent in Fairmont?
The median gross rent in Fairmont is $603 per month, about 27.9% of household income.
Is Fairmont, NC a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 24 minutes. Minuses: median household income 49% lower than the North Carolina median; unemployment of 7.8%; a poverty rate of 29%.
What is the median age in Fairmont?
The median age in Fairmont is 38.9 years (North Carolina: 39.1).
How long is the commute in Fairmont?
The average commute to work in Fairmont is 24 minutes; 2% of workers work from home.
What is the unemployment rate in Fairmont?
The unemployment rate in Fairmont is 7.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairmont?
18% of adults in Fairmont 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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