Fairmount, IN Profile: Facts, Map & Data


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Fairmount, Indiana - Basic Facts

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.

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, 2014)


Total Population 3,057
Population in Households 3,057
Population in Familes 2,497
Population in Group Qrtrs 0
Population Density1 1,931
Diversity Index2 5


Total Households 1,298
Average Household Size 2.36
Family Households 888
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)


2010-2014 2014-2019
Population 0.81% 0.24%
Households 1.06% 0.32%
Families 1.4% 0.22%
Median Household Income   3.76%
Per Capita Income   2.56%
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 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.

Variable Description Rank Percentile
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.