Population 3,833 · Census ACS 2020–24
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Population and households in Fairmount
Household size in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.54 | 2.60 | 2.57 | 2.68 |
| 2010–14 | 2.70 | 2.63 | 2.59 | 2.73 |
| 2015–19 | 2.43 | 2.63 | 2.57 | 2.71 |
| 2020–24 | 2.58 | 2.59 | 2.54 | 2.65 |
| Change | +0.03 | −0.01 | −0.03 | −0.03 |
At 2.58 people per household, Fairmount sits close to the national average of 2.65.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 44.1 | 36.3 | 37.5 | 37.7 |
| 2010–14 | 40.7 | 37.0 | 38.4 | 38.6 |
| 2015–19 | 41.9 | 37.7 | 39.1 | 39.6 |
| 2020–24 | 39.9 | 38.2 | 39.3 | 40.1 |
| Change | −4.2 | +1.9 | +1.7 | +2.3 |
At 39.9, the median age in Fairmount is close to the national median of 40.1, so its age mix looks much like the country's. The population here is older than in the wider Indianapolis area, where the median age is 38.2. Since 2006–10, the median age has dropped from 44.1, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.1% | 12.7% | 11.8% | 12.3% |
| 2010–14 | 8.7% | 12.8% | 12.0% | 12.3% |
| 2015–19 | 15.4% | 12.0% | 11.6% | 11.6% |
| 2020–24 | 19.5% | 11.8% | 11.7% | 11.6% |
| Change | +9.4 pts | −0.9 pts | −0.1 pts | −0.6 pts |
Single parents head about one in five households in Fairmount (19.5%), well above the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Fairmount
Renters in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 16.0% | 31.4% | 28.5% | 33.3% |
| 2010–14 | 22.1% | 34.2% | 30.5% | 35.6% |
| 2015–19 | 25.3% | 34.8% | 30.9% | 36.0% |
| 2020–24 | 17.6% | 33.2% | 29.4% | 34.8% |
| Change | +1.6 pts | +1.8 pts | +1.0 pts | +1.5 pts |
Fairmount is largely a place of homeowners: only 17.6% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 50.1% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.3% | 11.2% | 11.2% | 11.4% |
| 2010–14 | 11.0% | 10.6% | 11.2% | 11.4% |
| 2015–19 | 9.6% | 9.6% | 10.9% | 11.1% |
| 2020–24 | 7.4% | 8.0% | 9.3% | 9.6% |
| Change | −0.9 pts | −3.2 pts | −2.0 pts | −1.8 pts |
Vacancy is on the low side in Fairmount: 7.4% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. The Indianapolis area as a whole looks much the same.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1963 | 1978 | 1972 | 1974 |
| 2010–14 | 1964 | 1979 | 1973 | 1975 |
| 2015–19 | 1961 | 1980 | 1974 | 1977 |
| 2020–24 | 1960 | 1982 | 1977 | 1980 |
| Change | −3 | +5 | +5 | +6 |
The housing in Fairmount is old by national standards: the median home dates to 1960, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $609 | $877 | $763 | $965 |
| 2010–14 | $729 | $946 | $819 | $1,040 |
| 2015–19 | $677 | $1,060 | $903 | $1,213 |
| 2020–24 | $940 | $1,368 | $1,146 | $1,571 |
| Change | +$331 | +$492 | +$384 | +$606 |
A typical rental in Fairmount costs $940 a month with utilities, well below the national median of $1,571. The typical renter here spends 28.2% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Fairmount
Bachelor's degrees in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.1% | 30.9% | 23.8% | 28.4% |
| 2010–14 | 13.7% | 31.8% | 24.6% | 29.6% |
| 2015–19 | 9.7% | 35.2% | 27.1% | 32.1% |
| 2020–24 | 16.3% | 38.6% | 30.0% | 35.6% |
| Change | +4.2 pts | +7.7 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Fairmount: 16.3% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 83.9% | 88.1% | 86.5% | 84.9% |
| 2010–14 | 86.9% | 88.9% | 87.7% | 86.1% |
| 2015–19 | 86.1% | 89.6% | 88.7% | 87.7% |
| 2020–24 | 90.1% | 90.8% | 89.9% | 89.3% |
| Change | +6.3 pts | +2.8 pts | +3.4 pts | +4.3 pts |
High school completion in Fairmount is close to the national rate: 90.1% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Fairmount
| Period | Fairmount | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.5% | 7.9% | 8.4% | 8.1% |
| 2010–14 | 7.8% | 9.0% | 8.9% | 9.4% |
| 2015–19 | 7.1% | 4.9% | 4.9% | 5.6% |
| 2020–24 | 2.9% | 4.1% | 4.3% | 5.4% |
| Change | −3.5 pts | −3.7 pts | −4.1 pts | −2.7 pts |
Unemployment in Fairmount has been low: just 2.9% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Fairmount compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Fairmount | 2.58 | 39.9 | 19.5% | 17.6% | 7.4% | 1960 | $940 | 16.3% | 90.1% | 2.9% |
| Fowlerton | 2.52 | 45.7 | 11.4% | 9.2% | 11.4% | 1967 | $836 | 23.8% | 93.3% | 5.2% |
| Jonesboro | 2.14 | 45.9 | 11.8% | 17.7% | 7.7% | 1962 | $1,004 | 14.6% | 92.8% | 6.7% |
| Radley | 2.16 | 55.5 | 5.1% | 0.3% | 2.7% | 1971 | $970 | 29.5% | 97.9% | 3.7% |
| Summitville | 2.68 | 43.5 | 12.2% | 14.0% | 7.1% | 1946 | $784 | 18.3% | 89.9% | 4.9% |
| Hackleman | 2.33 | 54.1 | 5.9% | 2.5% | 3.5% | 1960 | $916 | 24.9% | 95.2% | 2.6% |
| Gas City | 2.28 | 42.7 | 13.8% | 26.7% | 7.8% | 1956 | $955 | 16.2% | 91.6% | 2.0% |
| Wheeling | 2.58 | 42.2 | 3.6% | 13.4% | 9.9% | 1968 | $1,357 | 14.5% | 92.4% | 7.7% |
| Matthews | 2.17 | 48.8 | 7.7% | 14.7% | 10.5% | 1967 | $930 | 11.0% | 95.3% | 2.9% |
| Upland | 2.63 | 30.1 | 9.2% | 20.2% | 9.6% | 1976 | $907 | 50.5% | 93.5% | 2.9% |
| Point Isabel | 2.17 | 51.9 | 4.5% | 4.5% | 2.7% | 1938 | $963 | 18.4% | 88.2% | 0.0% |
All figures 2020–24.
Cities with similar populations: Banks, OR · Benton Heights, MI · Bradford, OH · Carter Lake, IA · Casey, IL · Chouteau, OK · Cookville, TX · Cool, CA · Cottondale, FL · Cross Junction, VA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Fairmount. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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