Fairmont vs Welcome

A side-by-side comparison of Fairmont and Welcome: population, income, housing, and more.

Fairmont and Welcome are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Fairmont has the higher population (10,348 vs 977 in Welcome). Fairmont has the higher median household income ($59,228 vs $55,357 in Welcome). Fairmont has the higher median home value ($168,800 vs $91,300 in Welcome).

Population, income & housing

	Fairmont	Welcome
Population	10,348	977
Median age	46.5 yrs	34.6 yrs
Median household income	$59,228	$55,357
Median home value	$168,800	$91,300
Median gross rent	$717	$625
Housing units	5,112	391
Homeownership rate	65.8%	81.0%
Bachelor's degree or higher	26.1%	13.0%
Unemployment rate	4.1%	8.4%

Trends (ACS 5-year, 2019–2023)

	Fairmont	Welcome
Population	10,127 → 10,348 (+2.2%)	696 → 977 (+40.4%)
Median household income	$47,876 → $59,228 (+23.7%)	$48,958 → $55,357 (+13.1%)
Median home value	$123,700 → $168,800 (+36.5%)	$84,800 → $91,300 (+7.7%)
Median gross rent	$621 → $717 (+15.5%)	$580 → $625 (+7.8%)

Fairmont

Population

10,12710,348

Median household income

$47,876$59,228

Median home value

$123,700$168,800

Median gross rent

$621$717

Welcome

Population

696977

Median household income

$48,958$55,357

Median home value

$84,800$91,300

Median gross rent

$580$625

Age & race/ethnicity

Age distribution (share)

	Fairmont	Welcome
Under 5	4.8%	4.1%
5 to 17	16.4%	23.3%
18 to 24	5.6%	8.6%
25 to 34	9.5%	16.9%
35 to 44	11.2%	11.9%
45 to 54	12.1%	7.6%
55 to 64	16.3%	15.0%
65 to 74	12.5%	5.0%
75 and over	11.8%	7.6%

Race & ethnicity (share)

	Fairmont	Welcome
White (non-Hispanic)	85.6%	78.5%
Black or African American	1.0%	0.0%
American Indian & Alaska Native	0.0%	1.2%
Asian	0.8%	1.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	2.0%	0.0%
Two or more races	1.5%	6.3%
Hispanic or Latino	9.1%	12.9%

Educational attainment (age 25+)

Share of adults 25+

	Fairmont	Welcome
No high school diploma	5.6%	9.0%
High school graduate	33.5%	33.8%
Some college or associate's	34.8%	44.3%
Bachelor's degree	15.6%	9.1%
Graduate or professional degree	10.5%	3.8%

Commute to work

How workers get to work (share)

	Fairmont	Welcome
Drove alone	82.0%	87.0%
Carpooled	5.1%	9.2%
Public transit	0.0%	0.0%
Walked	3.6%	0.4%
Bicycle	0.1%	0.0%
Worked from home	7.0%	0.7%
Other means	2.2%	2.7%

Housing

Units in structure (share)

	Fairmont	Welcome
1-unit, detached	67.9%	82.4%
1-unit, attached	2.8%	0.3%
2 to 4 units	8.4%	2.3%
5 to 19 units	6.3%	5.9%
20 or more units	12.6%	0.0%
Mobile home & other	2.0%	9.2%

Poverty & households

	Fairmont	Welcome
Poverty rate	12.4%	13.2%
Average household size	2.11	2.68
Mean commute (minutes)	15	20
Median year structure built	1963	1953