Fairmont city, Minnesota Demographics & Population 2026
As of 2026, Fairmont city, Minnesota has a total population of 10,348, the 99th largest city in Minnesota, with a median household income of $59,228, which is 32% lower than the state average. The poverty rate is 12.4%.
Key Takeaways
- Household income is 32% below the state average, indicating significant economic challenges.
Fairmont city Quick Facts
How Fairmont city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Fairmont city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Martin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Truman city | 1,223 | $59,095 | 9.9% | $100,200 |
| Welcome city | 977 | $55,357 | 13.2% | $91,300 |
| Sherburn city | 946 | $63,026 | 18.1% | $97,900 |
| Trimont city | 658 | $51,250 | 17.3% | $83,900 |
| Ceylon city | 255 | $32,206 | 9.5% | $36,800 |
| Granada city | 231 | $49,750 | 25.5% | $88,500 |
| Northrop city | 212 | $63,750 | 13.2% | $118,800 |
| Dunnell city | 189 | $29,408 | 1.1% | $48,900 |
Cities Similar to Fairmont city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Detroit Lakes city | 10,002 | $62,123 | $246,200 | 32.4% | 10.2% |
| Grand Rapids city | 11,186 | $56,542 | $200,600 | 30.0% | 17.6% |
| Cambridge city | 9,992 | $67,632 | $234,800 | 18.5% | 10.6% |
| Little Canada city | 10,546 | $71,370 | $302,600 | 39.1% | 10.1% |
| Waseca city | 9,209 | $61,546 | $185,600 | 16.4% | 9.3% |
Population Overview
Fairmont city is a small city located in Minnesota, within Martin County. The total population is 10,348. It ranks as the 99th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Fairmont city is 46.5 years. This is 20% higher than the state median of 38.6 years. 11.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Fairmont city is $59,228. This is 32% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 12.4%. This is 35% higher than the state poverty rate of 9.2%. The unemployment rate is 4.1%. This is 4% higher than the state rate of 3.9%. The median home value is $168,800. Housing costs are 45% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.9x, Fairmont city is one of the most affordable housing markets in the area. 65.8% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 72.4%.
Race & Ethnicity
Fairmont city has a predominantly White (non-Hispanic) population, comprising 85.6% of all residents. Hispanic or Latino residents account for 9.1%. The Black or African American population (1.0%) is well below the state average of 6.7%. The Asian population (0.8%) is well below the state average of 5.0%.
Education
26.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.4%.
Data Sources & Methodology
All demographic data for Fairmont city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Fairmont city, Minnesota?
Fairmont city, Minnesota has a population of 10,348 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Fairmont city, MN?
The median household income in Fairmont city is $59,228, which is 25% lower the national median of $78,538.
What is the poverty rate in Fairmont city, MN?
The poverty rate in Fairmont city is 12.4%. This means approximately 1,267 residents live below the federal poverty line.
What is the racial makeup of Fairmont city, Minnesota?
Fairmont city's population is 85.6% White, 1.0% Black, 9.1% Hispanic/Latino, and 0.8% Asian.
What is the median home value in Fairmont city, MN?
The median home value in Fairmont city is $168,800. The home-value-to-income ratio is 2.9x.
How educated is Fairmont city, Minnesota?
26.1% of adults (25+) in Fairmont city hold a bachelor's degree or higher, and 10.5% hold a graduate or professional degree.