Median Household Income
$53,084 ± $3,861
Median Home Value
$169,900 ± $14,783
Median Gross Rent
$738 ± $47/mo
Per Capita Income
$37,825
Poverty Rate
15.3%
Unemployment Rate
3.1%
Homeownership Rate
60.9%
Bachelor's Degree or Higher
25.7%
Median Age
46.6
Average Commute
12 min
Households
4,884
Veterans
801
Population Over Time
Fairmont shrank 1.7% from 2014 to 2024.
2014
10,474
2016
10,311
2018
10,191
2020
10,042
2022
10,411
2024
10,296
Population by Race & Ethnicity
White
92.6%
Hispanic or Latino
8.8%
Black or African American
1.1%
Asian
0.6%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.