Fairmont, MN Micro Area

Metro Area

Population: 19,864 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

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

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

Quick Facts — Fairmont, MN Micro Area

What is the median household income in Fairmont, MN Micro Area?: The median household income in Fairmont, MN Micro Area is $62,969 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Fairmont, MN Micro Area?: The poverty rate in Fairmont, MN Micro Area is 6.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Fairmont, MN Micro Area?: $158,800 (U.S. Census Bureau ACS 2023).
What is the average rent in Fairmont, MN Micro Area?: The median gross rent in Fairmont, MN Micro Area is $735 per month (U.S. Census Bureau ACS 2023).
What percentage of Fairmont, MN Micro Area residents have a college degree?: 23.8% of adults in Fairmont, MN Micro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

19,864

Median Income

$62,969

Median Home Value

$158,800

Poverty Rate

6.5%

Unemployment (ACS 2023)

4.4%

Median Age

44.0 yrs

Since 2019 Median Income: +$10,171 (+19.3%) Home Value: +$40,500 (+34.2%) Poverty Rate: -2.8 pp (-30.1%) Bachelor's+: +3.3 pp (+16.1%) Unemployment: +0.4 pp (+10%)

Demographics

Total Population 19,864

Median Age 44.0

Female 49.5%

Race & Ethnicity

Hispanic or Latino 6.8% White (non-Hisp.) 88.7% Black 0.8% Asian 0.6% Two or More 3.5% Other 1.8%

Asian Subgroups (% of total pop.)

Chinese

0.3%

Indian

0.2%

Filipino

0.1%

Hispanic Subgroups (% of total pop.)

Mexican

5.0%

Puerto Rican

0.4%

Cuban

0.1%

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

Income & Poverty

Median Household Income $62,969 ±$3,165

Per Capita Income $87,788

Median Family Income $84,877

Poverty Rate 6.5%

Child Poverty Rate 10.4%

Working-Age Poverty Rate —

SNAP Recipients 9.7%

Social Security Income —

Retirement Income 26.2%

Household Income Distribution

< $10k

2.3%

$10–15k

4.8%

$15–25k

8.9%

$25–35k

10.7%

$35–50k

10.9%

$50–75k

19.8%

$75–100k

12.6%

$100–150k

18.4%

$150–200k

5.5%

$200k+

6.3%

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

Housing

Total Housing Units 9,715

Owner-Occupied 72.4%

Renter-Occupied 27.6%

Vacancy Rate 9.0%

Median Home Value $158,800

Median Gross Rent $735

Owner Cost Burden (30%+) 12.8%

Renter Cost Burden (30%+) 35.5%

Home Value Distribution

< $50k

9.1%

$50–100k

20.2%

$100–200k

17.1%

$200–300k

16.0%

$300–500k

11.5%

$500k–$1M

6.0%

$1M+

0.6%

Gross Rent Distribution

< $500

16.5%

$500–1k

54.8%

$1–1.5k

20.8%

$1.5–2k

5.0%

$2–2.5k

1.7%

$2.5–3.5k

1.2%

Vehicle Availability

No vehicle

8.4%

1 vehicle

28.8%

2 vehicles

37.0%

25.8%

Housing Type

Single-fam. det.

78.8%

Single-fam. att.

1.9%

2–4 units

1.4%

5–19 units

3.1%

20+ units

7.1%

Mobile home

2.5%

Housing Age

Pre-1940

30.7%

1940–1969

7.4%

1970–1999

15.9%

2000–2009

4.5%

2010+

3.8%

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

Education

High School or Higher 94.7%

Bachelor's or Higher 23.8%

Graduate Degree 8.3%

Some College / Associate 23.0%

Less Than High School 1.9%

Enrolled in School —

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

Employment

Labor Force Participation 64.7%

Unemployment Rate 4.4%

Work from Home 7.8%

Self-Employed 8.4%

Government Workers 11.0%

Private For-Profit 80.3%

Industry

Edu/Health

24.0%

Manufacturing

16.2%

Retail

12.5%

Agriculture

11.9%

Arts/Entmt.

6.3%

Finance

5.6%

Construction

5.2%

Transportation

4.1%

Prof. Services

3.9%

Public Admin

3.2%

Wholesale

1.5%

Information

0.7%

Occupation

Management

35.3%

Sales

21.4%

Production

17.1%

Food Prep

15.2%

Construction

11.1%

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

Commute

Median Travel Time 17.6 min

Drove Alone 80.9%

Carpool 5.7%

Public Transit 0.1%

Work from Home 7.8%

Walked 4.1%

Bicycle —

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

Households & Families

Total Households 8,840

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 48.5%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 14.9%

Multigenerational —

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

Age Distribution

Under 5

5.6%

5–9

7.0%

10–14

5.9%

15–19

6.0%

20–24

4.6%

25–34

10.5%

35–44

10.8%

45–54

10.6%

55–64

6.4%

65–74

8.5%

75–84

13.6%

85+

5.9%

Under 18: 22.6% Working age (18–64): 77.4% 65 and over: 24.0%

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

Social Characteristics

Immigration

Foreign Born 2.8%

Naturalized Citizen 58.0%

Speaks English Less Than Very Well 2.1%

Foreign-Born Origin

Latin America

62.1%

Asia

19.5%

Africa

8.7%

Europe

7.8%

Veterans & Disability

Veteran 8.8%

With a Disability 16.5%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 95.5%

Uninsured 4.5%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 85.8%

Has a Computer 92.1%

Same House 1 Year Ago 90.0%

Moved from Abroad 0.2%

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