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ZipNumbers

Nebraska · Census place 16550

Fairmont village, NE

Quick answer

Fairmont village has 584 residents, ranking #195 of 593 places in Nebraska. Median household income is $67,404, the median home is worth $65,000 and median gross rent runs $627 a month.

Population
584Fairmont village residents
Median household income
$67,404Past 12 months, inflation adjusted
Median home value
$65,000Owner-occupied units
Median gross rent
$627Rent plus utilities, monthly
Median age
61.5 yrsAll residents
Homeownership rate
80.1%Owner-occupied households

What the numbers mean in Fairmont village

Housing cost measured against local earnings.

A household earning the Fairmont village median would spend about 11.2% 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 1.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.8% of residents and 80.1% 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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