Fairmount, IN Profile: Facts, Map & Data

Advertisement

Fairmount Local Links & Resources:
Hotels | Resources | ALL Fairmount Content

Also See: Fairmount, IN ZIP Codes & ZIP Code Maps | Local Area Photos

Fairmount, Indiana - Basic Facts

The Town of Fairmount had a population of 3,050 as of July 1, 2015. Fairmount ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Fairmount is located at latitude 40.4172 and longitude -85.6477 in Grant County. The formal boundaries for the Town of Fairmount (see map below) encompass a land area of 1.58 sq. miles and a water area of 0 sq. miles. Grant County is in the Eastern time zone (GMT -5). The elevation is 873 feet.

The Town of Fairmount has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Fairmount population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2015.

Alternate Unofficial Names for Fairmount: Fairmont.

Town of Fairmount, IN Boundary Map

Advertisement

Also See: BIG Map | Driving Directions | IN Congressional Districts
Boundary Maps: Township of Fairmount | Grant County | Indiana Counties

Search the map for:
Advertisement

Fairmount, IN Data & Demographics (As of July 1, 2015)

POPULATION

Total Population 3,050
Population in Households 3,050
Population in Familes 2,486
Population in Group Qrtrs 0
Population Density1 1,927
Diversity Index2 6
 

HOUSEHOLDS

Total Households 1,296
Average Household Size 2.35
Family Households 887
Average Family Size 3

HOUSING

Total Housing Units 1,373 (100%)
Owner Occupied HU 992 (72.3%)
Renter Occupied HU 304 (22.1%)
Vacant Housing Units 77 ( 5.6%)
Median Home Value $90,755
Average Home Value $104,869
 

INCOME

Median Household Income $38,535
Average Household Income $51,352
Per Capita Income $21,605
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.61% 0.21%
Households 0.83% 0.26%
Families 1.11% 0.18%
Median Household Income   4.28%
Per Capita Income   3.21%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Advertisement

Fairmount, IN - Peer Comparisons by Rank and Percentile

The table below compares Fairmount to the other 681 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2015 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 171 75th
Population Density1 # 145 79th
Diversity Index2 # 591 13th
Median Household Income # 545 20th
Per Capita Income # 379 44th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.