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
Compare with nearby places
Places of similar size in Nebraska.
- Wausa village 587
- St. Edward city 586
- Alda village 585
- Verdigre village 576
- Inglewood village 574
- Nickerson village 572
- Pleasanton village 554
Keep going
More Nebraska coverage.