Fairmount at a Glance
Population
2,582
Median Home Value
$92,200
Nat'l avg: $281,900
Median Rent
$718
Nat'l avg: $1,163
Median Income
$48,235
Nat'l avg: $74,580
Violent Crime
0.0 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Fairmount
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Best Neighborhoods
Top-rated neighborhoods in Fairmount ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Fairmount
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Fairmount
Young Professionals
Best neighborhoods for career starters in Fairmount
Retiree Neighborhoods
Best neighborhoods for retirees in Fairmount
Living In Guide
Complete guide to life in Fairmount — cost, safety, schools & more
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About Fairmount
If you're seeking a genuinely affordable slice of Americana, Fairmount, Indiana, should be on your radar. This charming town, nestled in the heart of the Midwest, offers a lifestyle that harkens back to a simpler time, all while remaining incredibly accessible. With a population of just over 2,500, Fairmount boasts a tight-knit community feel that's hard to find in larger cities. The real draw, however, is the cost of living. You'll be amazed by the median home value of just $92,200 – a stark contrast to the national average of around $350,000. This affordability extends to everyday expenses, making it an ideal location for those looking to stretch their dollars further, whether you're a first-time homebuyer or looking to downsize and enjoy a more relaxed pace of life. From an investment perspective, Fairmount offers a compelling opportunity. While the median household income of $48,235 is lower than the national average, the extremely low housing costs mean your money goes a lot further here. Fairmount is known for its safety and overall quality of life. This town is well-suited for families, retirees, and anyone seeking a close-knit community with a low cost of living. While I don't have unemployment data, the overall impression is one of a stable, friendly environment. The charm of small-town living, combined with remarkably affordable real estate, makes Fairmount a hidden gem worth exploring.