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Fairmont town, North Carolina

City

Population: 2,326 (2023 estimate)

Located in North Carolina , North Carolina

Census Bureau data for Fairmont town 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.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Fairmont town

What is the median household income in Fairmont town?
The median household income in Fairmont town is $36,493 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Fairmont town?
The poverty rate in Fairmont town is 28.3% (U.S. Census Bureau ACS 2023).
What is the median home value in Fairmont town?
$88,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Fairmont town?
The median gross rent in Fairmont town is $662 per month (U.S. Census Bureau ACS 2023).
What percentage of Fairmont town residents have a college degree?
17.9% of adults in Fairmont town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,326
Median Income
$36,493
Median Home Value
$88,500
Poverty Rate
28.3%
Unemployment (ACS 2023)
9.0%
Median Age
45.0 yrs
Since 2019 Median Income: +$11,435 (+45.6%) Home Value: +$3,100 (+3.6%) Poverty Rate: -4.8 pp (-14.5%) Bachelor's+: +1.9 pp (+11.9%) Unemployment: +1.7 pp (+23.3%)

Demographics

Total Population 2,326
Median Age 45.0
Female 57.7%
Race & Ethnicity
Hispanic or Latino 1.1% White (non-Hisp.) 25.8% Black 52.0% Two or More 4.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $36,493 ±$5,653
-$33,411 vs. state
Per Capita Income $63,208
Median Family Income $36,304
Poverty Rate 28.3%
+18.9 pp vs. state
Child Poverty Rate 57.7%
Working-Age Poverty Rate —
SNAP Recipients 36.2%
Social Security Income —
Retirement Income 19.9%
Household Income Distribution
< $10k
11.1%
$10–15k
12.1%
$15–25k
14.1%
$25–35k
10.4%
$35–50k
12.6%
$50–75k
14.7%
$75–100k
9.1%
$100–150k
13.7%
$150–200k
0.9%
$200k+
1.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,133
Owner-Occupied 46.1%
Renter-Occupied 53.9%
Vacancy Rate 18.0%
Median Home Value $88,500
-$170,900 vs. state
Median Gross Rent $662
Owner Cost Burden (30%+) 19.7%
Renter Cost Burden (30%+) 40.2%
Home Value Distribution
< $50k
17.5%
$50–100k
37.1%
$100–200k
13.1%
$200–300k
7.9%
$300–500k
5.4%
$500k–$1M
0.9%
Gross Rent Distribution
< $500
31.6%
$500–1k
51.6%
$1–1.5k
16.7%
Vehicle Availability
No vehicle
17.8%
1 vehicle
42.9%
2 vehicles
25.9%
3+
13.3%
Housing Type
Single-fam. det.
69.3%
Single-fam. att.
2.0%
2–4 units
9.9%
5–19 units
4.9%
20+ units
0.6%
Mobile home
4.4%
Housing Age
Pre-1940
11.6%
1940–1969
9.6%
1970–1999
15.8%
2000–2009
5.7%
2010+
0.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 84.8%
Bachelor's or Higher 17.9%
-16.8 pp vs. state
Graduate Degree 6.4%
Some College / Associate 18.4%
Less Than High School 4.9%
Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 46.0%
Unemployment Rate 9.0%
+4.2 pp vs. state
Work from Home 1.9%
Self-Employed 3.7%
Government Workers 20.2%
Private For-Profit 76.1%
Industry
Edu/Health
29.9%
Manufacturing
15.1%
Retail
9.5%
Public Admin
8.5%
Prof. Services
7.7%
Arts/Entmt.
7.4%
Transportation
5.7%
Wholesale
5.1%
Finance
4.4%
Information
1.1%
Construction
0.8%
Occupation
Management
30.3%
Production
25.3%
Food Prep
19.9%
Sales
19.5%
Construction
4.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 24.1 min
Drove Alone 84.4%
Carpool 4.8%
Public Transit 0.0%
Work from Home 1.9%
Walked 5.1%
Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 929
Avg. Household Size 2.00
Avg. Family Size —
Married-Couple Households 21.9%
Single-Mother Households —
Single-Father Households —
Living Alone —
Households with Children 3.1%
Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
7.0%
5–9
4.1%
10–14
5.9%
15–19
7.6%
20–24
8.2%
25–34
9.9%
35–44
7.1%
45–54
10.4%
55–64
10.2%
65–74
6.1%
75–84
10.0%
85+
10.9%
Under 18: 20.1% Working age (18–64): 79.9% 65 and over: 23.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.5%
Naturalized Citizen 100.0%
Speaks English Less Than Very Well 0.2%

Veterans & Disability

Veteran 7.2%
With a Disability 20.7%
Cognitive Difficulty —
Ambulatory Difficulty —

Health Insurance

Insured 89.3%
Uninsured 10.7%
Employer Insurance —
Medicaid —
Medicare —

Technology & Mobility

Broadband Internet 72.4%
Has a Computer 90.1%
Same House 1 Year Ago 96.3%
Moved from Abroad 0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Fairmont town

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured