Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Fairmount, Indiana is a small city with a population of 2,671 residents. The majority of Fairmount residents report their race to be White; this is followed by Black and Asian. All the single ladies and all the single fellas might want to take notice as only 49% of the Fairmount population is married. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Fairmount, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Fairmount, Indiana could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, cost of living, commute, health & safety and other key data points, finding the best places to live in Fairmount and in the areas around Fairmount is a much easier task.
Using data and statistics Fairmount has received a livability score of 66/100. This score is ranked in the 64th percentile when compared to all other cities. Based on the scores for each individual category, Fairmount has been rewarded with high marks for crime (B) and housing (B+). Regrettably for Fairmount, there are some categories for which it does not rank well, this includes: amenities (F), education (D-) and employment (F).
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Fairmount apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Fairmount. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Fairmount are affordable. The median home price for Fairmount homes is $88,600, which is 30% lower than the Indiana average. If we take a closer look at the affordability of homes in Fairmount, we’ll see that the home price to income ratio is 2.1, which is 16% lower than the Indiana average.
| Statistic | Fairmount | Indiana | National |
| Average one way commute | 23min | 23min | 26min |
| Workers who drive to work | 87.3% | 83.0% | 76.4% |
| Workers who carpool | 3.4% | 8.9% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 8.8% | 2.1% | 2.8% |
| Working from home | 0.0% | 3.5% | 4.6% |
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