North Dakota · Census place 25300
Fairmount city, ND
Quick answer
Fairmount city has 316 residents, ranking #134 of 406 places in North Dakota. Median household income is $55,313, the median home is worth $79,300 and median gross rent runs $567 a month.
- Population
- 316Fairmount city residents
- Median household income
- $55,313Past 12 months, inflation adjusted
- Median home value
- $79,300Owner-occupied units
- Median gross rent
- $567Rent plus utilities, monthly
- Median age
- 39.2 yrsAll residents
- Homeownership rate
- 89.4%Owner-occupied households
What the numbers mean in Fairmount city
Housing cost measured against local earnings.
A household earning the Fairmount city median would spend about 12.3% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.7% of residents and 89.4% 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 North Dakota.
- Grenora city 323
- Finley city 322
- Hope city 321
- Plaza city 314
- St. Thomas city 306
- Sawyer city 305
- Walcott city 302
Keep going
More North Dakota coverage.