Fairmount, TN Demographics

Overview of Fairmount Demographics

The population of Fairmount is 1,467, with a population density of 350 people per square mile, diverging from the national average of 91. The median age is 44 and 76% of individuals aged 15 or older are married, while 46% have children under 18. As far as income equality in Fairmount goes, 1% of households have a median income below $25,000, whereas 29% report an income exceeding $150,000. The Fairmount demographics data can provide indispensable insights into the composition, dynamics and needs of cities, towns or even villages, empowering planners, developers and policymakers to devise strategies that foster prosperity, equity and well-being for all residents.

Fairmount Racial Demographics & Ethnicity

Recognizing the racial demographics and ethnicity breakdown of Fairmount is pivotal for addressing systemic inequities, championing social justice and inclusion and fostering resilient communities. In Fairmount, the racial breakdown comprises 82.6% White, 0% Black or African American, 1% Asian, 0% American Indian, and 7.8% Native Hawaiian, with 0.4% of the population identifying as Hispanic or Latino. 90.9% of households reported speaking English only, while 0.4% reported speaking Spanish only. Furthermore, 0.6% of residents were categorized as foreign-born.

Fairmount Population Density

Regions with below-average population density like Fairmount, tend to offer a serene pace of life, stronger ties to nature, tight-knit communities, increased affordability and heightened safety, making them appealing havens for those desiring a tranquil lifestyle away from urban chaos. These locales often boast a more economical cost of living, with housing prices typically more accessible and residents may enjoy reduced taxes, living expenses and insurance rates. Low population density areas generally exhibit lower crime rates than densely populated urban regions, fostering a heightened sense of security for residents and their families. With a population density of 350 people per square mile, Fairmount ranks lower than 50% of cities nationwide and positions itself in a great spot to take advantage of all these benefits.

Why are Demographics Important?

Policy Planning: Demographic data and statistics can inform policy and decision-making processes at various levels of government, as well as in organizations and businesses. By reporting and analyzing Fairmount demographics data, policymakers, government officials and organizational leaders can identify areas of need, allocate resources effectively and develop targeted policies and programs that address the specific needs and priorities of different demographic groups. Fairmount demographics can play a crucial role in policy planning by informing resource allocation, evidence-based decision making, identifying priorities, forecasting future trends, monitoring policy impact and promoting equity and inclusion. By leveraging this data effectively, policymakers can develop policies that are targeted, effective and responsive to the needs of diverse communities.

Healthcare Planning: The examination of Fairmount demographics can potentially inform healthcare planning and delivery by identifying population health needs, disparities and risk factors. By comprehending demographic trends, healthcare providers and policymakers can allocate resources effectively, develop prevention and intervention programs, and address health inequities within communities. Through the utilization of demographic statistics, healthcare providers and policymakers aim to achieve equitable, accessible, and high-quality healthcare for all individuals and communities. This proactive healthcare planning approach ensures targeted interventions, efficient resource allocation and tailored healthcare services to meet the diverse needs of populations.

Urban Development: By leveraging demographic data in Fairmount, urban planners can tailor areas to meet the needs of any resident across housing, transportation and public services, all while fostering sustainability and elevating quality of life. Demographic changes can fuel gentrification and neighborhood transformation, whether in urban or rural settings. As neighborhoods attract newcomers with varying income levels and lifestyle preferences, property values may appreciate, potentially displacing established residents and reshaping the neighborhood's fabric. A nuanced understanding of population density, age distribution, household size and income levels is pivotal for guiding decisions on zoning, transportation infrastructure, housing development and public amenities. Utilizing the demographic data in planning and implementing affordable housing initiatives can help mitigate displacement risks and promote inclusive communities.