Fairmont
Fairmont city, West Virginia
Fairmont, West Virginia, a city of just over 18,000 residents, offers a refreshing alternative to the soaring costs of living you'll find in many parts of the country. Imagine owning a home for around $140,400 – less than half the national median! This remarkable affordability allows for a lifestyle upgrade, whether you're seeking to start a family, downsize, or invest in a property with strong potential. While the median household income of $55,084 is slightly below the national average, the lower cost of living makes your dollar stretch much further here, creating a comfortable and relaxed atmosphere.
From an investment perspective, Fairmont presents a compelling case. The housing market is stable, and with such accessible prices, rental yields can be quite attractive. While specific unemployment figures fluctuate, the city's commitment to economic development and its proximity to major transportation routes provide ample opportunities. Fairmont is a great choice for first-time homebuyers, retirees seeking a peaceful haven, or anyone looking to escape the urban rat race without sacrificing essential amenities. Embrace the charm of small-town living with the potential for excellent returns on your investment.
Fairmont, West Virginia at a Glance
Fairmont is a city in Fairmont city, West Virginia with a population of approximately 18,402. The median home value is $140,400 and the median household income is $55,084. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 0.9 per 1,000 residents, which is 75% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $559 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$140,400
Median Income
$55,084
Population
18,402
Walk Score
0
Air Quality
AQI 39
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 18,402
- Median Age
- N/A
- Median Household Income
- $55,084
26% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 20.0%
61% above nat'l avg
- Median Home Value
- $140,400
50% below nat'l avg
- Median Rent
- $559
52% below nat'l avg
- Homeownership Rate
- 81.0%
23% above nat'l avg
- Affordability Index
- 184
84% above nat'l avg
- Violent Crime Rate
- 0.9 per 1K
75% below nat'l avg
- Property Crime Rate
- 3.0 per 1K
84% below nat'l avg
- AQI
- 39
7% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 63.28
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.8¢/kWh
23% below nat'l avg
- Est. Monthly Electric
- $115
16% below nat'l avg
- Unemployment Rate
- 7.9%
114% above nat'l avg
- Poverty Rate
- 20.0%
61% above nat'l avg
Weather & Climate in Fairmont
Avg High
65°F
Avg Low
47°F
Annual Rainfall
48.1"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Clay County county-level presidential election data
Culture & Things to Do in Fairmont
Feast of the Seven Fishes
Annual Italian Christmas Eve tradition celebrated with a large dinner.
Marion County Fair
A week-long event featuring rides, games, and agricultural exhibits.
Fairmont Farmers Market
A weekly market offering local produce, crafts, and baked goods.
West Virginia Day Celebration
Celebration of West Virginia's statehood with activities and festivities.
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