Fairmont, NC demographics:
population, income, and more

Total population
2,463
5.9% year-over-year change
Median household income
$36,641/yr
0.4% year-over-year change
Housing units
1,169
3.2% year-over-year change

Fairmont population

How many people live in Fairmont

Fairmont is home to 2,463 residents, according to the most recent Census data. Gender-wise, 45% of Fairmont locals are male, and 55% are female.

Total population
2,463
5.9% year-over-year change
Gender ratio
Male
45%
1,109
Female
55%
1,354
Value Percent YoY change
Male 1,109 45% 12.6%
Female 1,354 55% 1.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Fairmont is 39, with the population distributed as follows: about 20% are children under 15, then 16.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 16.4% of the population, while another 25.3% fall into the 45 to 64 bracket. Finally, around 22.2% are 65 or older.

Median age
38.9
Age breakdown
Under 15
20%
15 to 24
16.1%
25 to 44
16.4%
45 to 64
25.3%
Over 65
22.2%
Value Percent YoY change
Under 15 492 20% 24.2%
15 to 24 397 16.1% 8.2%
25 to 44 404 16.4% 1.8%
45 to 64 623 25.3% 0.3%
Over 65 547 22.2% 0.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Fairmont, 98.9% of the population are US-born citizens, while 1.1% have gained naturalized citizenship. There’s also a share of 5.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.9%
Non-U.S.-born citizens
1.1%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 2,437 98.9% 5.7%
Non-U.S.-born citizens 26 1.1% 23.8%
Racial breakdown
White
26.5%
Black or African American
51.2%
American Indian and Alaska Native
17%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
5.4%
Other
0%
Value Percent
White 653 26.5%
Black or African American 1,260 51.2%
American Indian and Alaska Native 418 17%
Two or more races 132 5.4%

Households in Fairmont

A peek inside Fairmont households

Fairmont has 950 households, with an average of 3 members in each. Of these, 58% are families, while the remaining 42% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
950
2.3% year-over-year change
Average people per household
3
Non-family households
399
Family households
551
Value Percent YoY change
Non-family households 399 42% 4.7%
Family households 551 58% 0.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Fairmont

The housing landscape of Fairmont

Fairmont's housing consists of 1,169 units, with 68.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.2% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 2.6% of the housing landscape.

Housing units
1,169
3.2% year-over-year change
Housing types
Value Percent
1 unit, detached 796 68.1%
1 unit, attached 14 1.2%
2 units 116 9.9%
3 or 4 units 108 9.2%
5 to 9 units 85 7.3%
10 to 19 units 12 1%
20 to 49 units 7 0.6%
Mobile home 31 2.6%
Homes built since 2020
28
% year-over-year change

The age of buildings in Fairmont

In Fairmont, the median construction year is 1970. About 9.6% of homes were built before the 1940s, with another 10.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 8.5% of homes were added from 2000 to 2009, 3.4% between 2010 and 2019, and 2.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 112 9.6% -14.5%
Built between 1940 and 1949 123 10.5% 12.8%
Built between 1950 and 1959 180 15.4% -4.3%
Built between 1960 and 1969 175 15% -11.6%
Built between 1970 and 1979 167 14.3% -6.7%
Built between 1980 and 1989 110 9.4% -1.8%
Built between 1990 and 1999 135 11.6% -5.6%
Built between 2000 and 2009 99 8.5% 52.3%
Built between 2010 and 2019 40 3.4% 400.0%
Built in 2020 or later 28 2.4% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Fairmont occupancy rates

Out of the 950 occupied housing units in Fairmont, 46.8% are owner-occupied, while 53.2% are lived in by tenants. Meanwhile, 18.7% of all homes on the local market sit vacant.

Occupied housing units
950
2.3% year-over-year change
Occupancy breakdown
Renter occupied
505
Owner occupied
445
Value Percent YoY
change
Renter occupied 505 53.2% 0.8%
Owner occupied 445 46.8% 4.0%
Unoccupied housing units
18.7%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Fairmont housing costs

Housing costs in Fairmont come to a median of $664 per month, while tenants specifically pay a median gross rent of $603.

Median housing costs per month
$664/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Fairmont
$603/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Fairmont

Fairmont education at a glance

About 53.7% of the population in Fairmont went to high school, while 19% pursued college studies. Another 7.2% earned an associate degree and 10.9% hold a bachelor’s. Meanwhile, 5.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 77 4% 0.0%
High school diploma 1,020 53.7% 1.7%
College diploma 361 19% 3.7%
Associate degree 136 7.2% -2.9%
Bachelor's degree 207 10.9% 8.9%
Graduate degree 99 5.2% -1.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Fairmont

How much people earn in Fairmont

The average annual household income in Fairmont was $63,397 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +11.2% change from the previous year. At the same time, the median income stood at $36,641, reflecting a +0.4% shift over the same period.

Average household income in Fairmont
$63,397/year
11.2% year-over-year change
Median household income in Fairmont
$36,641/year
0.4% year-over-year change

Fairmont income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $51,042 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $24,792, while those led by someone over 65, many of whom may be retired, have about $27,813 in earnings. Overall, 72.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $24,792 -21.3%
45 - 64 $51,042 -2.4%
Over 65 $27,813 -21.5%
Above poverty level
1,686
Below poverty level
653
Value Percent YoY
change
Above poverty level 1,686 72.1% 9.4%
Below poverty level 653 27.9% -5.0%

Average renter income in Fairmont

To get a better sense of what renters earn on average in Fairmont, their median household income was $22,350 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 32.4%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$22,350
Rent-to-income ratio
32.4%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Fairmont

Workforce and job types in Fairmont

The job market in Fairmont is powered by 801 working residents, spread across a range of industries and roles. 76.3% of the working population are employed in professional or administrative positions, while 23.7% are in hands-on or service-based jobs. Also, 4.1% run their own businesses, 60.3% are employed by private companies, and 27.7% work in the public sector.

Workforce demographics

Working population
801
1.6% year-over-year change
White collar
611
Blue collar
190
Value Percent YoY change
White collar 611 76.3% 11.1%
Blue collar 190 23.7% -20.2%
Employer type
Self employees
4.1%
Private companies
60.3%
Governmental workers
27.7%
Not for profit companies
7.9%
Value Percent YoY change
Self employees 33 4.1% -19.5%
Private companies 483 60.3% -4.4%
Governmental workers 222 27.7% 39.6%
Not for profit companies 63 7.9% -24.1%
Unemployment rate
7.8%
-12.8% year-over-year change

Available workforce

The unemployment rate in Fairmont stands at 7.8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Fairmont

How people get around in Fairmont

Commuting methods vary: 87.4% of residents travel by personal vehicle and 5.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 700 87.4% -0.4%
Bus or trolleybus 5 0.6% N/A
Bicycle 16 2% 33.3%
Walk 42 5.2% 5.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Fairmont by zipcode?

Zipcode Population Number of households Median income Average income
28340 9,265 3,715 $39,746 $58,694

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FAQs about Fairmont demographics 

What is the total population of Fairmont?

Fairmont has a total population of 2,463 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +5.9% compared to a year ago.

What is the gender ratio in Fairmont?

The gender ratio in Fairmont is as follows:
  • 45% males (1,109 residents)
  • 55% females (1,354 residents)

What is the median age in Fairmont?

The median age in Fairmont is 38.9.

What is the age distribution of the population in Fairmont?

The age distribution in Fairmont is as follows:
  • Under 15: 20% (492 residents)
  • Ages 15-24: 16.1% (397 residents)
  • Ages 25-44: 16.4% (404 residents)
  • Ages 45-64: 25.3% (623 residents)
  • Over 65: 22.2% (547 residents)

What is the racial and ethnic makeup of Fairmont?

The racial and ethnic makeup of Fairmont is as follows:
  • White: 26.5% (653 residents)
  • Black or African American: 51.2% (1,260 residents)
  • American Indian and Alaska Native: 17% (418 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 5.4% (132 residents)
  • Other: 0% (0 residents)

What percentage of the population in Fairmont are U.S.-born citizens?

U.S.-born citizens represent 98.9% of the population in Fairmont.

How many housing units are there in Fairmont?

There are 1,169 housing units in Fairmont, reflecting a +3.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Fairmont and what is the average household size?

Fairmont has a total of 950 households, with an average of 3 people in each.

What is the median household income in Fairmont?

Fairmont has a median household income of $36,641, representing a +0.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Fairmont?

The employment rate is 92.2% in Fairmont, with a workforce of 801 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 76.3% (611 residents)
  • Blue-collar workers: 23.7% (190 residents)

Places of employment:
  • Self-employed: 4.1% (33 residents)
  • Private companies: 60.3% (483 residents)
  • Governmental workers: 27.7% (222 residents)
  • Not-for-profit companies: 7.9% (63 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025