Fairmont

Population: 10,348
Median household income: $59,228
Median home value: $168,800

Located in Martin County, Minnesota, Fairmont is a community with a population of 10,348. At $59,228, its median household income sits below Martin County's $62,969.

From 2019 to 2023, Fairmont's population grew 2.2% from 10,127 to 10,348, while its median home value rose 36.5% from $123,700 to $168,800.

The median resident is 46.5 years old. The largest age group is 5 to 17, 16.4% of residents.

Demographics

ACS 2019–2023

Population: 10,348
Median age: 46.5 yrs
Median household income: $59,228
Median home value: $168,800
Median gross rent: $717
Housing units: 5,112
Homeownership rate: 65.8%
Bachelor's degree or higher: 26.1%
Unemployment rate: 4.1%

Trends

ACS 5-year · 2019–2023

Population

10,12710,348

Median household income

$47,876$59,228

Median home value

$123,700$168,800

Median gross rent

$621$717

Year	Population	Median household income	Median home value	Median gross rent
2019	10,127	$47,876	$123,700	$621
2020	10,042	$49,402	$137,300	$640
2021	10,465	$52,975	$137,700	$715
2022	10,411	$56,744	$156,700	$748
2023	10,348	$59,228	$168,800	$717

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

Age distribution

Under 54.8%

5 to 1716.4%

18 to 245.6%

25 to 349.5%

35 to 4411.2%

45 to 5412.1%

55 to 6416.3%

65 to 7412.5%

75 and over11.8%

	Count	Share
Under 5	492	4.8%
5 to 17	1,694	16.4%
18 to 24	575	5.6%
25 to 34	980	9.5%
35 to 44	1,156	11.2%
45 to 54	1,254	12.1%
55 to 64	1,683	16.3%
65 to 74	1,295	12.5%
75 and over	1,219	11.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	8,855	85.6%
Black or African American	101	1.0%
American Indian & Alaska Native	5	0.0%
Asian	83	0.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	202	2.0%
Two or more races	160	1.5%
Hispanic or Latino (any race)	942	9.1%

Educational attainment (age 25+)

No high school diploma5.6%

High school graduate33.5%

Some college or associate's34.8%

Bachelor's degree15.6%

Graduate or professional degree10.5%

	Count	Share
No high school diploma	423	5.6%
High school graduate	2,543	33.5%
Some college or associate's	2,639	34.8%
Bachelor's degree	1,183	15.6%
Graduate or professional degree	799	10.5%

Commute to work

Mean travel time to work: 15 min

Drove alone82.0%

Carpooled5.1%

Public transit0.0%

Walked3.6%

Bicycle0.1%

Worked from home7.0%

Other means2.2%

How workers get to work

	Count	Share
Drove alone	4,115	82.0%
Carpooled	256	5.1%
Public transit	0	0.0%
Walked	182	3.6%
Bicycle	5	0.1%
Worked from home	352	7.0%
Other means	108	2.2%

Travel time

	Count	Share
Under 15 min	3,299	70.7%
15 to 29 min	785	16.8%
30 to 44 min	338	7.2%
45 to 59 min	57	1.2%
60+ min	187	4.0%

Households

Average household size: 2.11
Poverty rate: 12.4% (1,267 of 10,234)

	Count	Share
Family households	2,685	56.0%
Nonfamily households	2,106	44.0%

Housing

Median year structure built: 1963

Occupancy

	Count	Share
Occupied	4,791	93.7%
Vacant	321	6.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,153	65.8%
Renter-occupied	1,638	34.2%

1-unit, detached67.9%

1-unit, attached2.8%

2 to 4 units8.4%

5 to 19 units6.3%

20 or more units12.6%

Mobile home & other2.0%

Units in structure

	Count	Share
1-unit, detached	3,469	67.9%
1-unit, attached	143	2.8%
2 to 4 units	430	8.4%
5 to 19 units	324	6.3%
20 or more units	642	12.6%
Mobile home & other	104	2.0%

Geography

Place GEOID: 2720330
Type (LSAD): 25
Land area: 15 sq mi
Water area: 1.89 sq mi
Center point: 43.6448, -94.4640