Living in Fairmont, West Virginia
Cost of living, income, home prices, rent and demographics of Fairmont · Census data 2020–2024
Fairmont has 18,221 residents with a median age of 34.9. The median household income is $63,032 (6% higher than the West Virginia median), the median home value is $163,800, the median rent is $916/month.
Fairmont at a glance
- Population
- 18,221
- Median age
- 34.9State: 42.7
- Median household income
- $63,032State: $59,608
- Median home value
- $163,800State: $162,600
- Median rent
- $916/moState: $872
- Homeowners
- 63.1%
- Bachelor's degree or higher
- 32.9%
- Average commute
- 23 min
Is Fairmont a good place to live?
Pros: Median household income 6% higher than the West Virginia median; an average commute of 23 minutes.
Cons: Home values about the same as the state median; unemployment of 6.7%; a poverty rate of 17.4%.
The weather is best in May–June and August–September.
Cost of living in Fairmont
Housing is the biggest part of the cost of living. In Fairmont the median home value is $163,800, 51% lower than the U.S. median. Renters pay a median of $916 per month, which is 27.2% of household income. Homeowners with a mortgage pay $1,181 a month in housing costs.
Fairmont median household income
The median household income in Fairmont is $63,032 and the income per person is $34,306. 17.4% of residents live below the poverty line (West Virginia: 16.7%).
Housing in Fairmont: homes for sale and rent
- Housing units
- 9,006
- Owner-occupied
- 63.1%
- Renter-occupied
- 36.9%
- Vacant
- 11%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.14
Fairmont demographics
- Population
- 18,221
- Median age
- 34.9
- Under 18
- 17.9%
- 65 and older
- 16%
- Households
- 8,017
- Foreign-born
- 1.5%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairmont ›
Education in Fairmont
32.9% of adults 25 and older in Fairmont have a bachelor's degree or higher (West Virginia: 24.1%), and 11.3% have a graduate or professional degree.
Jobs and commute in Fairmont
- Unemployment rate
- 6.7%State: 5.4%
- Average commute
- 23 minState: 27 min
- Work from home
- 12.2%
- Drive alone
- 70.9%
- Public transit
- 1.3%
- Walk to work
- 4.5%
- Homes with broadband
- 93.1%
Fairmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairmont | 18,221 | $63,032 | $163,800 | $916 |
| Pleasant Valley | 3,482 | $67,635 | $213,600 | $1,096 |
| Barrackville | 1,430 | $78,558 | $167,700 | $825 |
| Monongah | 837 | $50,875 | $77,300 | $998 |
| Rivesville | 627 | $48,000 | $150,700 | $850 |
| White Hall | 946 | $76,667 | $286,700 | $1,060 |
| Baxter | 153 | $6,875 | $93,700 | — |
| Idamay | 575 | $98,953 | $111,200 | — |
| Farmington | 390 | $72,045 | $69,300 | $594 |
More for people moving to Fairmont
Fairmont ZIP code ›Weather and climate ›Living in Fairmont: FAQ
What is the median household income in Fairmont, WV?
The median household income in Fairmont is $63,032, 6% higher than the West Virginia median of $59,608 (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 $163,800, compared with $162,600 in West Virginia.
How much is rent in Fairmont?
The median gross rent in Fairmont is $916 per month, about 27.2% of household income.
Is Fairmont, WV a good place to live?
Pluses: median household income 6% higher than the West Virginia median; an average commute of 23 minutes. Minuses: home values about the same as the state median; unemployment of 6.7%; a poverty rate of 17.4%.
What is the median age in Fairmont?
The median age in Fairmont is 34.9 years (West Virginia: 42.7).
How long is the commute in Fairmont?
The average commute to work in Fairmont is 23 minutes; 12.2% of workers work from home.
What is the unemployment rate in Fairmont?
The unemployment rate in Fairmont is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairmont?
32.9% 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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