Is Fairmount, Colorado a Good Place To Live? - Living In Fairmount, CO

Is Fairmount, Colorado a good place to live?
Fairmount is a city in Colorado state in USA with a population of 9549 residents.. The poverty rate of Fairmount is 4.2%, which is 70% lower than national average. The typical household in Fairmount earns $124286 a year, compared to the national median of $67,500. Nearly 12.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Fairmount, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fairmount remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fairmount, only 55% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Fairmount is 128, which is 28% higher than national average. Median home value in Fairmount is $554100 , which is 141% higher than national average. While median income in Fairmount remained $124286, which is 84% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
9549
Unemployment
3.6%
23% NAT AVG.
Poverty
4.2%
70% NAT AVG.
Overall Score
7
Median Home Cost
$554100
141% NAT AVG.
Median Income
$124286
84% NAT AVG.
Median Rent
$1812
56% NAT AVG.
Cost Of Living
128
28% NAT AVG.
People Living BPL
1 in 24
Unemployed People
1 in 28
People Earning < $10,000
1 in 53
People Earning < $50,000
12.7%
People with <= High School
1 in 4.8
People With Any Degree
1 in 1.6
Pros & Cons Overview

Jobs90%

Housing95%

Affordability60%

Safety80%

Amenities80%

Diversity50%

Education95%

Commute60%