Fairmount, IN Profile: Facts, Map & Data


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Fairmount, Indiana - Basic Facts

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The Town of Fairmount had a population of 2,988 as of July 1, 2016. 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, 2016.

Alternate Unofficial Names for Fairmount: Fairmont.

Neighborhood 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, 2016)


Total Population 2,988
Population in Households 2,988
Population in Familes 2,431
Population in Group Qrtrs 0
Population Density1 1,887
Diversity Index2 6


Total Households 1,281
Average Household Size 2.33
Family Households 874
Average Family Size 3


Total Housing Units 1,360 (100%)
Owner Occupied HU 963 (70.8%)
Renter Occupied HU 318 (23.4%)
Vacant Housing Units 79 ( 5.8%)
Median Home Value $83,580
Average Home Value $107,451


Median Household Income $46,323
Average Household Income $56,307
Per Capita Income $23,938
  (Compound Annual Growth Rates)


2010-2015 2015-2020
Population 0.18% -0.05%
Households 0.51% 0.12%
Families 0.69% 0.02%
Median Household Income   3.55%
Per Capita Income   3.04%
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.

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, 2016 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 # 173 75th
Population Density1 # 154 78th
Diversity Index2 # 601 12th
Median Household Income # 384 44th
Per Capita Income # 279 59th

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

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