Fairmount, IN Profile: Facts, Map & Data

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Fairmount, Indiana - Basic Facts

Real Estate Resources

The Town of Fairmount had a population of 2,898 as of July 1, 2017. 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 (GNIS ID: 2396931) 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.

The Town of Fairmount is located within Township of Fairmount, a minor civil division (MCD) of Grant County.

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, 2017.

Alternate Unofficial Names for Fairmount: Fairmont.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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Town of Fairmount, IN Boundary Map



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Boundary Maps: Township of Fairmount | Grant County | Indiana Counties

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Fairmount, IN Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,898
Daytime Population: Workers 634
Daytime Population: Residents 1,677
Total Daytime Population (TDP) 2,311
Ratio TDP/Total Population1 0.80
Population in Households 2,898
Population in Familes 2,354
Population in Group Qrtrs 0
Population Density2 1,831
Diversity Index3 6
 

INCOME

Median Household Income $46,092
Average Household Income $58,089
Per Capita Income $24,546

HOUSING

Total Housing Units 1,334 (100%)
Owner Occupied HU 924 (69.3%)
Renter Occupied HU 307 (23.0%)
Vacant Housing Units 103 ( 7.7%)
Median Home Value $86,220
Average Home Value $114,518
 

HOUSEHOLDS

Total Households 1,231
Average Household Size 2.35
Family Households 836
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.26% -0.43%
Households -0.11% -0.34%
Families -0.02% -0.46%
Median Household Income   2.02%
Per Capita Income   3.34%

Fairmount, IN - Peer Comparisons by Rank and Percentile

The table below compares Fairmount to the other 680 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2017 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 # 178 74th
Population Density # 173 75th
Diversity Index # 593 13th
Median Household Income # 408 40th
Per Capita Income # 300 56th

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

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