Fairmont city, Minnesota
City
Population: 10,348
(2023 estimate)
Located in
Minnesota , Minnesota
Census Bureau data for Fairmont city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Fairmont city
- What is the median household income in Fairmont city?
-
The median household income in Fairmont city is $59,228 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Fairmont city?
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The poverty rate in Fairmont city is 5.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in Fairmont city?
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$168,800 (U.S. Census Bureau ACS 2023).
- What is the average rent in Fairmont city?
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The median gross rent in Fairmont city is $717 per month (U.S. Census Bureau ACS 2023).
- What percentage of Fairmont city residents have a college degree?
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26.1% of adults in Fairmont city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Demographics
Total Population
10,348
Median Age
46.0
Female
50.6%
Race & Ethnicity
Hispanic or Latino 9.1%
White (non-Hisp.) 85.6%
Black 1.0%
Asian 0.8%
Two or More 3.5%
Other 2.4%
Asian Subgroups (% of total pop.)
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$59,228
±$4,276
-$28,328 vs. state
Per Capita Income
$91,880
Median Family Income
$87,977
Poverty Rate
5.5%
+0.0 pp vs. state
Child Poverty Rate
8.8%
Working-Age Poverty Rate
—
SNAP Recipients
12.2%
Social Security Income
—
Retirement Income
27.5%
Household Income Distribution
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
5,112
Owner-Occupied
65.8%
Renter-Occupied
34.2%
Vacancy Rate
6.3%
Median Home Value
$168,800
-$136,700 vs. state
Median Gross Rent
$717
Owner Cost Burden (30%+)
9.0%
Renter Cost Burden (30%+)
36.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.4%
Bachelor's or Higher
26.1%
-12.7 pp vs. state
Graduate Degree
10.5%
Some College / Associate
20.2%
Less Than High School
2.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.6%
Unemployment Rate
4.1%
+0.2 pp vs. state
Work from Home
7.0%
Self-Employed
4.8%
Government Workers
11.5%
Private For-Profit
83.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
15.2 min
Drove Alone
82.0%
Carpool
5.1%
Public Transit
0.0%
Work from Home
7.0%
Walked
3.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
4,791
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
45.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
13.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 18: 21.1%
Working age (18–64): 78.9%
65 and over: 24.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
3.5%
Naturalized Citizen
62.1%
Speaks English Less Than Very Well
3.0%
Veterans & Disability
Veteran
9.0%
With a Disability
18.3%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.2%
Uninsured
3.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
85.1%
Has a Computer
91.7%
Same House 1 Year Ago
89.5%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023