Fairmount, Maryland Demographics & Population 2026

A note before these figures: with a population of 440, Fairmount's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Fairmount is a small community located in Maryland, within Somerset County. The total population is 440. It ranks as the 392nd most populous out of 527 Census-designated places in Maryland.

Age Demographics

The median age in Fairmount is 55.5 years. This is 41% higher than the state median of 39.4 years. Only 7.0% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Fairmount is $51,827. This is 50% lower than the state median of $103,678. It is also 36% lower than the national median of $80,734. The poverty rate stands at 28.4%. This is 201% higher than the state poverty rate of 9.4%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 25.3%. This is 417% higher than the state rate of 4.9%. The median home value is $146,200. Housing costs are 65% lower than the state median of $419,900. With a home-value-to-income ratio of just 2.8x, Fairmount is one of the most affordable housing markets in the area. 79.2% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Fairmount is White (non-Hispanic), making up 48.2% of the population. Asian residents account for 20.2%. The Black or African American population (7.0%) is well below the state average of 28.9%. The Hispanic or Latino population (5.2%) is well below the state average of 12.5%. The Asian population is significantly higher than the state average (20.2% vs 6.5%).

Education

22.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% lower than the state rate of 43.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.2%.

Data Sources & Methodology

All demographic data for Fairmount, Maryland is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Maryland state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 527 Census-designated places in Maryland. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.