The Town of Fairmount is an incorporated place (Class Code P1) located in Grant County at latitude 40.4172 and longitude -85.6477. Grant County is in the Eastern time zone (GMT -5). The elevation is 873 feet.
The formal official name is the Town of Fairmount, but most people and references simply refer to it as Fairmount, Indiana.
The P1 Census Class Code for Fairmount indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.
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.
Alternate Unofficial Names for Fairmount: Fairmont.
|Population in Households||3,057|
|Population in Familes||2,497|
|Population in Group Qrtrs||0|
|Average Household Size||2.36|
|Average Family Size||3|
|Total Housing Units||1,368 (100%)|
|Owner Occupied HU||994 (72.7%)|
|Renter Occupied HU||303 (22.1%)|
|Vacant Housing Units||70 ( 5.1%)|
|Median Home Value||$102,837|
|Average Home Value||$120,724|
|Median Household Income||$36,399|
|Average Household Income||$48,780|
|Per Capita Income||$20,523|
|(Compound Annual Growth Rates)|
|Median Household Income||3.76%|
|Per Capita Income||2.56%|
The table below compares Fairmount to the other 681 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2014 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.
|Total Population||# 170||75th|
|Population Density1||# 145||79th|
|Diversity Index2||# 600||12th|
|Median Household Income||# 599||12th|
|Per Capita Income||# 476||30th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.