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ZipNumbers

Illinois · Census place 24920

Fairmont CDP, IL

Quick answer

Fairmont CDP has 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.

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

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

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