Fairmount, Colorado
Moving to or Living in Fairmount Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Fairmount, Colorado
Moving to Fairmount In Colorado ? Find out the best and worst about to live, raise a family or retire in Fairmount, the Pros and Cons of Living in Fairmount.
Explore the life in Fairmount based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Fairmount, Colorado
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.
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%
Poverty
4.2%
Overall Score
7
Median Home
$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%
Cost of Living
Expense | Fairmount | Colorado | National Avg. |
---|---|---|---|
Services | 105 | 104 | 100 |
Groceries | 89 | 103 | 100 |
Health | 96 | 103 | 100 |
Housing | 203 | 133 | 100 |
Transportation | 108 | 108 | 100 |
Utilities | 80 | 87 | 100 |
Cost of Living
Gender
Gender | Fairmount | Colorado | Country |
---|---|---|---|
Female | 52.1% | 49.7% | 50.8% |
Male | 47.9% | 50.3% | 49.2% |
Gender
Household Income
Income | Fairmount | Colorado | Country |
---|---|---|---|
Less than $10,000 | 1.9% | 4.5% | 5.8% |
$10,000 to $14,999 | 0.5% | 3.1% | 4.1% |
$15,000 to $24,999 | 3.1% | 6.6% | 8.5% |
$25,000 to $34,999 | 2% | 7.2% | 8.6% |
$35,000 to $49,999 | 5.2% | 11% | 12.0% |
$50,000 to $74,999 | 10% | 17.4% | 17.2% |
$75,000 to $99,999 | 14.1% | 13.6% | 12.8% |
$100,000 to $149,999 | 26.4% | 18.2% | 15.6% |
$150,000 to $199,999 | 13.9% | 8.7% | 7.1% |
$200,000 or more | 22.9% | 9.6% | 8.3% |
Education
Education | Fairmount | Colorado | Country |
---|---|---|---|
< 9th Grade | -1% | 3% | 5.0% |
9-12th Grade | 3% | 5% | 7.0% |
High School or GED | 19% | 21% | 27.0% |
Other College | 16% | 21% | 20.0% |
Associate's Degree | 8% | 9% | 9% |
Bachelor's Degree | 32% | 26% | 20.0% |
Master's Degree | 18% | 11% | 9.0% |
Professional Degree | 3% | 2% | 2.0% |
Doctorate Degree | 2% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Fairmount | Colorado | Country |
---|---|---|---|
White | 90.2% | 67.5% | 60.1% |
African American | 0.7% | 3.9% | 12.2% |
American Indian | 0.2% | 0.5% | 0.6% |
Asian | 1.2% | 3.1% | 5.6% |
Hawaiian | 0.1% | 0.1% | 0.2% |
Other | 0% | 0.2% | 0.3% |
Multiracial | 1.3% | 2.9% | 2.8% |
Hispanic | 6.4% | 21.7% | 18.2% |