Fairmount vs Falling Water

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

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

Falling Water has the higher population (2,090 vs 1,932 in Fairmount). Fairmount has the higher median household income ($133,232 vs $113,160 in Falling Water). Fairmount has the higher median home value ($482,700 vs $398,400 in Falling Water).

Population, income & housing

	Fairmount	Falling Water
Population	1,932	2,090
Median age	45.1 yrs	43.8 yrs
Median household income	$133,232	$113,160
Median home value	$482,700	$398,400
Median gross rent	$1,443	$711
Housing units	757	819
Homeownership rate	90.8%	89.9%
Bachelor's degree or higher	51.8%	45.3%
Unemployment rate	0.0%	1.4%

Trends (ACS 5-year, 2019–2023)

	Fairmount	Falling Water
Population	2,245 → 1,932 (-13.9%)	1,280 → 2,090 (+63.3%)
Median household income	$96,545 → $133,232 (+38.0%)	$71,458 → $113,160 (+58.4%)
Median home value	$380,200 → $482,700 (+27.0%)	$238,400 → $398,400 (+67.1%)
Median gross rent	$1,063 → $1,443 (+35.7%)	$917 → $711 (-22.5%)

Fairmount

Population

2,2451,932

Median household income

$96,545$133,232

Median home value

$380,200$482,700

Median gross rent

$1,063$1,443

Falling Water

Population

1,2802,090

Median household income

$71,458$113,160

Median home value

$238,400$398,400

Median gross rent

$917$711

Age & race/ethnicity

Age distribution (share)

	Fairmount	Falling Water
Under 5	7.8%	5.3%
5 to 17	21.2%	14.7%
18 to 24	1.2%	4.8%
25 to 34	3.5%	11.1%
35 to 44	16.1%	15.2%
45 to 54	17.9%	14.8%
55 to 64	14.3%	15.2%
65 to 74	9.0%	13.3%
75 and over	8.9%	5.5%

Race & ethnicity (share)

	Fairmount	Falling Water
White (non-Hispanic)	90.0%	89.6%
Black or African American	0.0%	3.2%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.6%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.4%
Some other race	0.0%	0.0%
Two or more races	6.9%	4.5%
Hispanic or Latino	2.6%	2.2%

Educational attainment (age 25+)

Share of adults 25+

	Fairmount	Falling Water
No high school diploma	6.8%	2.9%
High school graduate	16.7%	15.5%
Some college or associate's	24.7%	36.3%
Bachelor's degree	32.6%	27.9%
Graduate or professional degree	19.2%	17.4%

Commute to work

How workers get to work (share)

	Fairmount	Falling Water
Drove alone	73.5%	71.3%
Carpooled	1.5%	6.5%
Public transit	0.0%	0.0%
Walked	1.6%	1.1%
Bicycle	0.0%	0.0%
Worked from home	21.1%	21.1%
Other means	2.3%	0.0%

Housing

Units in structure (share)

	Fairmount	Falling Water
1-unit, detached	97.9%	85.8%
1-unit, attached	0.0%	3.2%
2 to 4 units	0.0%	2.7%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	2.1%	8.3%

Poverty & households

	Fairmount	Falling Water
Poverty rate	3.7%	3.7%
Average household size	2.64	2.65
Mean commute (minutes)	27	29
Median year structure built	1984	1996