What is the population of Fairmont CDP?

Fairmont CDP has 2,409 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #472 of 1,462 in Illinois.

What is the median household income in Fairmont CDP?

Median household income in Fairmont CDP is $59,244 a year, 24.6% below the national figure of $78,538.

How much does it cost to rent or buy in Fairmont CDP?

Median gross rent is $1,372 a month and the median home value is $147,400, so rent absorbs about 27.8% of median household income.

Is Fairmont CDP affordable compared with the rest of the US?

Homes cost about 2.5× the local median income here versus roughly 3.9× nationally, so Fairmont CDP is more affordable to buy in than the typical US market, and rent takes 27.8% of median income against the 30% cost-burden line.

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Illinois · Census place 24920

Fairmont, IL population, income and ZIP codes

Quick answer

The population of the city of Fairmont, Illinois (Fairmont, IL — Census place “Fairmont CDP”) is 2,409 residents, ranking #472 of 1462 places in Illinois. Median household income is $59,244, the median home is worth $147,400 and median gross rent runs $1,372 a month. Looking for the Fairmont Illinois ZIP code list? 1 ZIP codes serve Fairmont, IL: 60441.

Population: 2,409Fairmont CDP residents
Median household income: $59,244Past 12 months, inflation adjusted
Median home value: $147,400Owner-occupied units
Median gross rent: $1,372Rent plus utilities, monthly
Median age: 31.3 yrsAll residents
Homeownership rate: 63%Owner-occupied households

Fairmont ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Fairmont.

The Fairmont IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

60441

What the numbers mean in Fairmont CDP

Housing cost measured against local earnings.

A household earning the Fairmont CDP median would spend about 27.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17% of residents and 63% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Fairmont CDP, IL in context

How this area compares with national benchmarks.

Fairmont CDP is a small town in Illinois, with 2,409 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #472 of 1,462 ranked by population — larger than 67% of them. The median age here is 31.3 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Fairmont CDP earn a median of $59,244 a year, 24.6% below the national figure of $78,538 and 20% below the $74,244 median for the 698 Illinois cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 17% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Fairmont CDP is valued at $147,400, 51.4% below the national figure and 18% below the $179,100 peer median, while median gross rent runs $1,372 a month, 2.4% below the national figure, or roughly $16,464 across a full year. A household on the local median income would put about 27.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 63% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Illinois.

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Frequently asked questions

Common questions about this area.

What is the population of Fairmont CDP?: Fairmont CDP has 2,409 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #472 of 1,462 in Illinois.
What is the median household income in Fairmont CDP?: Median household income in Fairmont CDP is $59,244 a year, 24.6% below the national figure of $78,538.
How much does it cost to rent or buy in Fairmont CDP?: Median gross rent is $1,372 a month and the median home value is $147,400, so rent absorbs about 27.8% of median household income.
Is Fairmont CDP affordable compared with the rest of the US?: Homes cost about 2.5× the local median income here versus roughly 3.9× nationally, so Fairmont CDP is more affordable to buy in than the typical US market, and rent takes 27.8% of median income against the 30% cost-burden line.
How current is this Fairmont CDP data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.