Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
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.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
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.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Fairmount is a smaller city located in the state of New York. The city has a population of 9,817 people. The majority of Fairmount residents report their race to be White; this is followed by Black and Asian. If you prefer shorter commutes, living in Fairmount will be a delight. With an average one-way commute time of just 20 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Are you trying to ascertain if living in Fairmount is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in New York, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Fairmount and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, commute, health & safety, you will see a detailed breakdown of the most important information as well as comparisons to the New York and national averages.
The livability score in Fairmount is 70 out of 100 and the city is ranked in the 77th percentile of all cities across America. Based on the rankings for each individual category, Fairmount has received high marks for cost of living (B+), employment (B+) and housing (A). There is at least one category that does not have great scores in Fairmount. The following was graded with a discouraging score: amenities (F) and education (D).
The unemployment rate in Fairmount has consistently declined over the years and currently stands well below the national average at 2.21%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Fairmount can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Fairmount real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Fairmount. Median real estate prices in Fairmount come in at $136,800, which is 52.2% lower than the New York average. The home price to income ratio compares the median home prices to the median household income. In Fairmount, the home price to income ratio is 2, which is 57.4% lower than the New York average.
| Statistic | Fairmount | New York | National |
| Average one way commute | 20min | 33min | 26min |
| Workers who drive to work | 86.2% | 53.0% | 76.4% |
| Workers who carpool | 6.7% | 6.7% | 9.3% |
| Workers who take public transit | 1.0% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.7% | 6.3% | 2.8% |
| Working from home | 3.6% | 4.0% | 4.6% |
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