Fairmount is a city located in Grant County, Howard County, and Madison County Indiana. Fairmount has a 2024 population of 2,628. Fairmount is currently declining at a rate of -0.38% annually and its population has decreased by -1.57% since the most recent census, which recorded a population of 2,670 in 2020.
The average household income in Fairmount is $54,365 with a poverty rate of 23.59%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Fairmount is 40.3 years, 38.3 years for males, and 44.4 years for females.
According to the most recent ACS, the racial composition of Fairmount was:
White
Two or more races
Other race
Black or African American
Native American
Asian
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 1,112 | 2.32 | 71.1 | 28.9 |
| Non Family | 428 | 1.18 | 60.5 | 39.5 |
| Married | 385 | 3.03 | 87 | 13 |
| Female | 222 | 3.15 | 54.1 | 45.9 |
| Male | 77 | 2.74 | 100 | 0 |
2.8
Average Family Size
2.32
Average Household Size
71.1%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 9.54%.
All
Male
Female
$30,766
Average Earnings
$39,159
Average Male
$17,794
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
99.92% of Fairmount residents speak only English, while 0.08% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.08% of the population.
rate
23.59%
Overall Poverty Rate
22.39%
Male Poverty Rate
24.92%
Female Poverty Rate
The race most likely to be in poverty in Fairmount is Other, with 100% below the poverty level.
The race least likely to be in poverty in Fairmount is White, with 22.42% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0.89%. Among those working part-time, it was 39.35%, and for those that did not work, the poverty rate was 17.46%.
Married
Widowed
Divorced
Separated
NeverMarried
39.4%
Overall Marriage Rate
39.3%
Male Marriage Rate
39.4%
Female Marriage Rate
male
female
The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
49.24%
Veteran Disability Rate
LaborForceParticipation
55.1%
Labor Force Participation
51.1%
Employment Rate
7.3%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
77.69%
Born in Fairmount
100%
Native Born
0%
Foreign Born
0%
Non Citizen
0%
Naturalized
100% of Fairmount residents were born in the United States, with 77.69% having been born in Indiana. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 2,575 | -11 | -0.43% |
| 2028 | 2,586 | -10 | -0.39% |
| 2027 | 2,596 | -11 | -0.42% |
| 2026 | 2,607 | -10 | -0.38% |
| 2025 | 2,617 | -11 | -0.42% |
| 2024 | 2,628 | -10 | -0.38% |
| 2023 | 2,638 | -11 | -0.42% |
| 2022 | 2,649 | -9 | -0.34% |
| 2021 | 2,658 | -12 | -0.45% |
| 2020 | 2,670 | -99 | -3.58% |
| 2019 | 2,769 | -14 | -0.5% |
| 2018 | 2,783 | -9 | -0.32% |
| 2017 | 2,792 | -16 | -0.57% |
| 2016 | 2,808 | -33 | -1.16% |
| 2015 | 2,841 | -36 | -1.25% |
| 2014 | 2,877 | -22 | -0.76% |
| 2013 | 2,899 | -10 | -0.34% |
| 2012 | 2,909 | -19 | -0.65% |
| 2011 | 2,928 | -17 | -0.58% |
| 2010 | 2,945 | -47 | -1.57% |
| 2000 | 2,992 | -138 | -4.41% |
| 1990 | 3,130 | -156 | -4.75% |
| 1980 | 3,286 | -141 | -4.11% |
| 1970 | 3,427 | 347 | 11.27% |
| 1960 | 3,080 | 434 | 16.4% |
| 1950 | 2,646 | 140 | 5.59% |
| 1910 | 2,506 | -699 | -21.81% |
| 1900 | 3,205 | 0 | 0% |