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Fairmont CDP, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

As of 2026, Fairmont CDP, Illinois has a total population of 2,409, the 472nd largest city in Illinois, with a median household income of $59,244, which is 27% lower than the state average. The poverty rate is 17.0%.

Key Takeaways

Fairmont CDP Quick Facts

Population 2,409
Median Household Income $59,244
Median Home Value $147,400
Poverty Rate 17.0%
Unemployment Rate 8.7%
Median Age 31.3 years
Homeownership Rate 63.0%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 17.2%
High School Graduation Rate 79.5%
Diversity Index 62/100
Population 2,409 472nd of 1,445
Median Income $59,244 below average
Poverty Rate 17.0% 37% higher national
Median Home Value $147,400 above average

How Fairmont CDP Compares

Economy & Housing

Employment

8.7% Unemployment Rate State: 5.8% | National: 5.2%
63.6% Labor Force Participation

Housing Overview

Owner 63.0%
Renter 37.0%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

62out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 60 | National average: 60

Education

Fairmont CDP Rankings in Illinois

#472 Population of 1,445
#891 Median Income of 1,445
#755 Education of 1,445
#522 Home Value of 1,445

Cities Similar to Fairmont CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Henry city2,478$63,894$115,90020.8%14.9%
Petersburg city2,590$59,850$174,80029.6%15.5%
White Hall city2,354$52,685$72,50012.9%18.1%
Galva city2,543$55,446$77,80023.7%20.9%
Carrollton city2,528$64,464$114,10019.5%10.2%

Population Overview

Fairmont CDP is a small community located in Illinois. The total population is 2,409. It ranks as the 472nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Fairmont CDP is 31.3 years. This is 20% lower than the state median of 38.9 years. With 30.2% of the population under 18, Fairmont CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Fairmont CDP is $59,244. This is 27% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 17.0%. This is 45% higher than the state poverty rate of 11.7%. The unemployment rate is 8.7%. This is 50% higher than the state rate of 5.8%. The median home value is $147,400. Housing costs are 41% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.5x, Fairmont CDP is one of the most affordable housing markets in the area. 63.0% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Fairmont CDP is Hispanic or Latino, making up 51.5% of the population. Black or African American residents account for 25.9%. The White (non-Hispanic) population (21.4%) is well below the state average of 58.8%. The Black or African American population is significantly higher than the state average (25.9% vs 13.6%). The Hispanic or Latino population is significantly higher than the state average (51.5% vs 18.5%).

Education

17.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.5%.

Data Sources & Methodology

All demographic data for Fairmont CDP, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Fairmont CDP, Illinois?

Fairmont CDP, Illinois has a population of 2,409 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fairmont CDP, IL?

The median household income in Fairmont CDP is $59,244, which is 25% lower the national median of $78,538.

What is the poverty rate in Fairmont CDP, IL?

The poverty rate in Fairmont CDP is 17.0%. This means approximately 410 residents live below the federal poverty line.

What is the racial makeup of Fairmont CDP, Illinois?

Fairmont CDP's population is 21.4% White, 25.9% Black, 51.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Fairmont CDP, IL?

The median home value in Fairmont CDP is $147,400. The home-value-to-income ratio is 2.5x.

How educated is Fairmont CDP, Illinois?

17.2% of adults (25+) in Fairmont CDP hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.