Fairmount vs Rankin

A side-by-side comparison of Fairmount and Rankin: population, income, housing, and more.

Fairmount and Rankin are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Fairmount has the higher population (610 vs 560 in Rankin). Fairmount has the higher median household income ($63,393 vs $47,125 in Rankin). Fairmount has the higher median home value ($95,900 vs $57,700 in Rankin).

Population, income & housing

	Fairmount	Rankin
Population	610	560
Median age	40.6 yrs	32.7 yrs
Median household income	$63,393	$47,125
Median home value	$95,900	$57,700
Median gross rent	$735	$718
Housing units	254	265
Homeownership rate	76.5%	68.0%
Bachelor's degree or higher	11.0%	10.3%
Unemployment rate	2.7%	23.3%

Trends (ACS 5-year, 2019–2023)

	Fairmount	Rankin
Population	648 → 610 (-5.9%)	543 → 560 (+3.1%)
Median household income	$52,292 → $63,393 (+21.2%)	$49,375 → $47,125 (-4.6%)
Median home value	$72,500 → $95,900 (+32.3%)	$51,700 → $57,700 (+11.6%)
Median gross rent	$588 → $735 (+25.0%)	$658 → $718 (+9.1%)

Fairmount

Population

648610

Median household income

$52,292$63,393

Median home value

$72,500$95,900

Median gross rent

$588$735

Rankin

Population

543560

Median household income

$49,375$47,125

Median home value

$51,700$57,700

Median gross rent

$658$718

Age & race/ethnicity

Age distribution (share)

	Fairmount	Rankin
Under 5	4.6%	1.6%
5 to 17	22.8%	24.8%
18 to 24	7.2%	5.7%
25 to 34	7.2%	22.3%
35 to 44	16.1%	14.1%
45 to 54	11.6%	7.7%
55 to 64	12.8%	15.9%
65 to 74	8.4%	4.6%
75 and over	9.3%	3.2%

Race & ethnicity (share)

	Fairmount	Rankin
White (non-Hispanic)	98.9%	93.0%
Black or African American	0.2%	0.0%
American Indian & Alaska Native	0.2%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.0%
Two or more races	0.2%	1.3%
Hispanic or Latino	0.3%	5.7%

Educational attainment (age 25+)

Share of adults 25+

	Fairmount	Rankin
No high school diploma	12.0%	18.2%
High school graduate	46.6%	42.6%
Some college or associate's	30.3%	28.9%
Bachelor's degree	8.5%	7.9%
Graduate or professional degree	2.5%	2.4%

Commute to work

How workers get to work (share)

	Fairmount	Rankin
Drove alone	84.6%	75.5%
Carpooled	4.2%	14.5%
Public transit	0.0%	0.0%
Walked	2.4%	0.0%
Bicycle	0.0%	0.0%
Worked from home	8.0%	8.5%
Other means	0.7%	1.5%

Housing

Units in structure (share)

	Fairmount	Rankin
1-unit, detached	81.5%	84.2%
1-unit, attached	0.0%	0.0%
2 to 4 units	10.2%	0.8%
5 to 19 units	1.2%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	7.1%	15.1%

Poverty & households

	Fairmount	Rankin
Poverty rate	13.3%	39.0%
Average household size	2.47	2.76
Mean commute (minutes)	25	29
Median year structure built	1960	1938