Fairmount

Population: 357
Median household income: $70,708

Located in Somerset County, Maryland, Fairmount is a community with a population of 357. The median household income of $70,708 is above the Somerset County median ($52,462).

Between 2019 and 2023, Fairmount's population declined 2.7% from 367 to 357.

Households average 2.50 people. 36.6% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 357
Median age: 59.8 yrs
Median household income: $70,708
Median home value: —
Median gross rent: —
Housing units: 207
Homeownership rate: 83.9%
Bachelor's degree or higher: 36.6%
Unemployment rate: 7.6%

Trends

ACS 5-year · 2019–2023

Population

367357

Median household income

$71,161$70,708

Median home value

$166,100$145,300

Year	Population	Median household income	Median home value
2019	367	$71,161	$166,100
2020	412	$70,134	$177,000
2021	402	$63,875	$155,700
2022	410	$66,250	$145,300
2023	357	$70,708	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.4%

5 to 176.2%

18 to 243.6%

25 to 3413.2%

35 to 449.8%

45 to 545.6%

55 to 6424.6%

65 to 7433.1%

75 and over2.5%

	Count	Share
Under 5	5	1.4%
5 to 17	22	6.2%
18 to 24	13	3.6%
25 to 34	47	13.2%
35 to 44	35	9.8%
45 to 54	20	5.6%
55 to 64	88	24.6%
65 to 74	118	33.1%
75 and over	9	2.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	222	62.2%
Black or African American	30	8.4%
American Indian & Alaska Native	0	0.0%
Asian	79	22.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	26	7.3%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma10.4%

High school graduate27.8%

Some college or associate's25.2%

Bachelor's degree23.0%

Graduate or professional degree13.6%

	Count	Share
No high school diploma	33	10.4%
High school graduate	88	27.8%
Some college or associate's	80	25.2%
Bachelor's degree	73	23.0%
Graduate or professional degree	43	13.6%

Commute to work

Mean travel time to work: 28 min

Drove alone94.3%

Carpooled0.0%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home5.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	148	94.3%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	9	5.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	0	0.0%
15 to 29 min	50	33.8%
30 to 44 min	88	59.5%
45 to 59 min	0	0.0%
60+ min	10	6.8%

Households

Average household size: 2.50
Poverty rate: 16.5% (59 of 357)

	Count	Share
Family households	87	60.8%
Nonfamily households	56	39.2%

Housing

Median year structure built: 1970

Occupancy

	Count	Share
Occupied	143	69.1%
Vacant	64	30.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	120	83.9%
Renter-occupied	23	16.1%

1-unit, detached88.9%

1-unit, attached0.0%

2 to 4 units4.8%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other6.3%

Units in structure

	Count	Share
1-unit, detached	184	88.9%
1-unit, attached	0	0.0%
2 to 4 units	10	4.8%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	13	6.3%

Geography

Place GEOID: 2427375
Type (LSAD): 57
Land area: 12 sq mi
Water area: 4.86 sq mi
Center point: 38.1098, -75.8206