Pros and Cons of Living In Fairmont, West Virginia. Is Fairmont, WV a Nice Place To Live or Retire?

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Fairmont, West Virginia

Moving to Fairmont In West Virginia ? Is Fairmont, WV a Nice Place To Live? Pros and Cons of Living in Fairmont, West Virginia. Find out the best and worst about to live, raise a family or retire in Fairmont.

DEMOGRAPHICS

Population
18443
Unemployment
6.7%
43% NAT AVG.
Poverty
22.4%
60% NAT AVG.
Cost Of Living
88
12% NAT AVG.

ECONOMICS

Median Home Cost
$117000
49% NAT AVG.
Median Income
$45540
33% NAT AVG.
Median Rent
$786
32% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
324
25% NAT. AVG.
0% STATE AVG.
Violent Crime
63
12% NAT. AVG.
4% STATE AVG.
Property Crime
261
28% NAT. AVG.
1% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 15
People Earning < $10,000
1 in 13
People Earning < $50,000
53.6%
People With Any Degree
1 in 2.7

ETHNICITY

Ethnicity Fairmont USA
White 87% 60.1%
African American 7% 12.2%
American Indian 0.1% 0.6%
Asian 0.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.7% 2.8%
Hispanic 1.2% 18.2%
Other 1.6% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Fairmont USA
Less than $10,000 7.8% 5.8%
$10,000 to $14,999 8% 4.1%
$15,000 to $24,999 14.7% 8.5%
$25,000 to $34,999 9.5% 8.6%
$35,000 to $49,999 13.6% 12.0%
$50,000 to $74,999 19% 17.2%
$75,000 to $99,999 12.4% 12.8%
$100,000 to $149,999 10.2% 15.6%
$150,000 to $199,999 3% 7.1%

EDUCATION

Education Fairmont USA
< 9th Grade 3% 5.0%
9-12th Grade 5% 7.0%
High School or GED 35% 27.0%
Other College 20% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 8% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Fairmont is a city in West Virginia state in USA with a population of 18443 residents.. The poverty rate of Fairmont is 22.4%, which is 60% higher than national average. The typical household in Fairmont earns $45540 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 53.6% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Fairmont remained 6.7%, which is 43% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Fairmont is 88, which is 12% lower than national average. In Fairmont, only 28% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Fairmont is $117000 , which is 49% lower than national average. While median income in Fairmont remained $45540, which is 33% lower than national average.
Fairmont Scorecard

Jobs50%

Housing60%

Affordability80%

Safety60%

Amenities85%

Diversity60%

Education80%

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