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Fairmont village, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 1.0x is exceptionally low

As of 2026, Fairmont village, Nebraska has a total population of 584, the 195th largest city in Nebraska, with a median household income of $67,404, which is 10% lower than the state average. The poverty rate is 12.8%.

Key Takeaways

Fairmont village Quick Facts

Population 584
Median Household Income $67,404
Median Home Value $65,000
Poverty Rate 12.8%
Unemployment Rate 0.0%
Median Age 61.5 years
Homeownership Rate 80.1%
Affordability Ratio 1.0x
Bachelor's Degree or Higher 9.2%
High School Graduation Rate 96.2%
Diversity Index 5/100
Population 584 195th of 584
Median Income $67,404 average
Poverty Rate 12.8% 3% higher national
Median Home Value $65,000 bottom 20%

How Fairmont village Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.0% | National: 5.2%
45.9% Labor Force Participation

Housing Overview

Owner 80.1%
Renter 19.9%
Affordability Index Very Affordable
1.0x home value to income ratio

People & Demographics

Diversity Index

5out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Fairmont village Rankings in Nebraska

#195 Population of 584
#223 Median Income of 584
#470 Education of 584
#435 Home Value of 584

Cities Similar to Fairmont village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wausa village587$68,125$79,40022.5%4.6%
Inglewood village574$64,722$117,10018.8%12.2%
Pleasanton village554$68,194$201,90027.7%3.5%
Ansley village605$70,694$81,50022.3%8.6%
Howells village602$72,188$104,50029.5%11.1%

Population Overview

Fairmont village is a small community located in Nebraska. The total population is 584. It ranks as the 195th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Fairmont village is 61.5 years. This is 66% higher than the state median of 37.1 years. Only 14.0% of residents are under 18, indicating fewer families with children. 17.6% 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 village is $67,404. This is 10% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 12.8%. This is 24% higher than the state poverty rate of 10.3%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.0%. The median home value is $65,000. Housing costs are 71% lower than the state median of $223,800. With a home-value-to-income ratio of just 1.0x, Fairmont village is one of the most affordable housing markets in the area. 80.1% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 66.5%.

Race & Ethnicity

Fairmont village has a predominantly White (non-Hispanic) population, comprising 97.4% of all residents. Hispanic or Latino residents account for 1.4%. The Hispanic or Latino population (1.4%) is well below the state average of 12.3%.

Education

9.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 73% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.2%.

Data Sources & Methodology

All demographic data for Fairmont village, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Fairmont village, Nebraska?

Fairmont village, Nebraska has a population of 584 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fairmont village, NE?

The median household income in Fairmont village is $67,404, which is 14% lower the national median of $78,538.

What is the poverty rate in Fairmont village, NE?

The poverty rate in Fairmont village is 12.8%. This means approximately 70 residents live below the federal poverty line.

What is the racial makeup of Fairmont village, Nebraska?

Fairmont village's population is 97.4% White, 0.0% Black, 1.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Fairmont village, NE?

The median home value in Fairmont village is $65,000. The home-value-to-income ratio is 1.0x.

How educated is Fairmont village, Nebraska?

9.2% of adults (25+) in Fairmont village hold a bachelor's degree or higher, and 4.0% hold a graduate or professional degree.