Fairmount, Indiana Population 2024

2,631

Fairmount is a city located in Grant County Indiana. Fairmount has a 2024 population of 2,631. Fairmount is currently declining at a rate of -0.34% annually and its population has decreased by -1.46% 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.

Fairmount Demographics

According to the most recent ACS, the racial composition of Fairmount was:

  • White: 94.15%
  • Two or more races: 4.57%
  • Other race: 0.97%
  • Black or African American: 0.31%
  • Native American:
  • Asian:
  • Native Hawaiian or Pacific Islander:
State
Indiana
Land Area (mi²)
1.6 sq mi
Density (mi²)
1,658.90/sq mi
Growth Since 2020
-1.46% (-39)
The current population of Fairmount, Indiana is 2,631 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 2,670.

Fairmount, Indiana Population 2024

Population by Race

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Race
Population
Percentage (of total)
White2,43194.15%
Two or more races1184.57%
Other race250.97%
Black or African American80.31%
Native American
Asian
Native Hawaiian or Pacific Islander
showing: 7 rows

White

Two or more races

Other race

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Fairmount Population by Race

Fairmount Population Pyramid 2024

Fairmount Median Age

40.3

Total

38.3

Male

44.4

Female

Fairmount Adults

There are 1,919 adults, (522 of whom are seniors) in Fairmount.

Fairmount Age Dependency

84.8

Age Dependency Ratio

37.4

Old Age Dependency Ratio

47.5

Child Dependency Ratio

Fairmount Sex Ratio

Female1,22447.41%
Male1,35852.59%

Fairmount Population by Age

Fairmount Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,1122.3271.128.9
Non Family4281.1860.539.5
Married3853.038713
Female2223.1554.145.9
Male772.741000
showing: 5 rows

2.8

Average Family Size

2.32

Average Household Size

71.1%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Fairmount Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Fairmount Educational Attainment by Sex (over 25)

Fairmount Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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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%.

Fairmount Educational Attainment by Race

All

Male

Female

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$30,766

Average Earnings

$39,159

Average Male

$17,794

Average Female

Fairmount Earnings by Educational Attainment

Fairmount Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Fairmount Language

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.

Fairmount Language

Fairmount Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White2,43154522.42%
Multiple1183933.05%
Other2525100%
Hispanic312580.65%
showing: 4 rows

23.59%

Overall Poverty Rate

22.39%

Male Poverty Rate

24.92%

Female Poverty Rate

Poverty in Fairmount

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%.

Fairmount Poverty

rate

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Rate
Poverty
Less Than 9th Grade34.57%
High School16.57%
Some College12.22%
Bachelors or Greater
showing: 4 rows

Fairmount Poverty Rate by Education

rate

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Rate
Poverty
Female Unemployed74.19%
Male Unemployed39.58%
Female Employed11.11%
Male Employed6.44%
showing: 4 rows

Fairmount Poverty Rate by Employment Status and Sex

Fairmount Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Fairmount Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

39.4%

Overall Marriage Rate

39.3%

Male Marriage Rate

39.4%

Female Marriage Rate

Fairmount Married by Age and Sex

male

female

Fairmount Marriage

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.

Fairmount Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Fairmount Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

197

Number of Veterans

197

Male Veterans

Female Veterans

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Fairmount Veterans by War

count

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Fairmount Veterans by Age

count

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Fairmount Veterans by Race

Fairmount Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

Veteran Poverty Rate

49.24%

Veteran Disability Rate

Fairmount Veterans by Education

LaborForceParticipation

55.1%

Labor Force Participation

51.1%

Employment Rate

7.3%

Unemployment Rate

Fairmount Employment by Age

LaborForceParticipation

Fairmount Employment by Race

LaborForceParticipation

Fairmount Employment by Education

Origin of Non-Citizens

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.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

77.69%

Born in Fairmount

100%

Native Born

Foreign Born

Non Citizen

Naturalized

Place of Birth

100% of Fairmount residents were born in the United States, with 77.69% having been born in Indiana. of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Fairmount Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20292,586-9-0.35%
20282,595-9-0.35%
20272,604-9-0.34%
20262,613-9-0.34%
20252,622-9-0.34%
20242,631-9-0.34%
20232,640-9-0.34%
20222,649-9-0.34%
20212,658-12-0.45%
20202,670-99-3.58%
20192,769-14-0.5%
20182,783-9-0.32%
20172,792-16-0.57%
20162,808-33-1.16%
20152,841-36-1.25%
20142,877-22-0.76%
20132,899-10-0.34%
20122,909-19-0.65%
20112,928-17-0.58%
20102,945-47-1.57%
20002,992-138-4.41%
19903,130-156-4.75%
19803,286-141-4.11%
19703,42734711.27%
19603,08043416.4%
19502,6461405.59%
19102,506-699-21.81%
19003,205
showing: 28 rows

Fairmount Population by Year