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Fairmont, Nebraska Demographics & Population 2026

During the 2020–2024 ACS period, Fairmont, Nebraska had a total population of 635, the 180th largest village in Nebraska, with a median household income of $73,750, which is 4% lower than the state average. The poverty rate is 15.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Fairmont Quick Facts

Population 635
Median Household Income $73,750
Median Home Value $73,600
Poverty Rate 15.5%
Unemployment Rate 0.0%
Median Age 59.0 years
Homeownership Rate 83.9%
Affordability Ratio 1.0x
Bachelor's Degree or Higher 9.1%
High School Graduation Rate 97.2%
Diversity Index 9/100
Population 635 180th of 583
Median Income $73,750 above average
Poverty Rate 15.5% 25% higher than national
Median Home Value $73,600 bottom 20%

How Fairmont Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population584635+8.7%
Median household income$67,404$73,750+9.4%
Median home value$65,000$73,600+13.2%

How Fairmont Compares

Economy & Housing

Household Income Distribution

Under $25K 19.1%
$25K-$50K 17.1%
$50K-$100K 47.0%
$100K+ 16.8%
Detailed income brackets
Under $10K
2.0%
$10K-$15K
4.0%
$15K-$20K
8.2%
$20K-$25K
4.9%
$25K-$30K
8.9%
$30K-$35K
3.6%
$35K-$40K
1.6%
$40K-$45K
1.6%
$45K-$50K
1.3%
$50K-$60K
5.3%
$60K-$75K
9.9%
$75K-$100K
31.9%
$100K-$125K
10.2%
$125K-$150K
1.0%
$150K-$200K
1.0%
$200K+
4.6%

Employment

0.0% Unemployment Rate State: 3.0%|National: 5.2%
48.2% Labor Force Participation

Housing Overview

Owner 83.9%
Renter 16.1%
Affordability Index Very Affordable
1.0x home value to income ratio
Median gross rent $685/mo 11.1% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Fairmont Rankings in Nebraska

#180 Population of 583
#163 Median Income of 519
#474 Education of 583
#415 Home Value of 510

Other Cities in Fillmore County

CityPopulationMedian IncomePovertyHome Value
Geneva 2,193 $80,398 6.2% $169,100
Exeter 562 $62,917 9.1% $116,000
Shickley 387 $72,708 14.5% $150,900
Milligan 296 $65,357 11.8% $101,500
Grafton 160 $71,667 15.6% $95,600
Ohiowa 105 $42,500 35.2% $49,600
Strang 23 $100,000 0.0% $181,300

Cities Similar to Fairmont

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Duncan612$74,688$162,50013.6%1.4%
Paxton622$66,875$131,30022.7%5.5%
Osmond647$66,250$132,40020.0%17.9%
Shelby684$72,955$120,50017.3%6.5%
Mead607$80,272$166,40013.1%7.9%

A note before these figures: with a population of 635, Fairmont'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

Fairmont is a small community located in Nebraska, within Fillmore County. The total population is 635. It ranks as the 180th most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Fairmont is 59.0 years. This is 59% higher than the state median of 37.2 years. Only 13.7% of residents are under 18, indicating fewer families with children. 13.2% 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 is $73,750. This is 4% lower than the state median of $76,475. It is also 9% lower than the national median of $80,734. The poverty rate stands at 15.5%. This is 47% higher than the state poverty rate of 10.6%. The survey records no unemployed residents in Fairmont, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $73,600. Housing costs are 69% lower than the state median of $238,600. With a home-value-to-income ratio of just 1.0x, Fairmont is one of the most affordable housing markets in the area. 83.9% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 66.5%.

Race & Ethnicity

Fairmont has a predominantly White (non-Hispanic) population, comprising 95.3% of all residents. Hispanic or Latino residents account for 3.1%. The Black or African American population (0.6%) is well below the state average of 4.6%. The Hispanic or Latino population (3.1%) is well below the state average of 12.7%. The Asian population (0.2%) is well below the state average of 2.6%.

Education

9.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.2%.

Data Sources & Methodology

All demographic data for Fairmont, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Fairmont, Nebraska?

Fairmont, Nebraska has a population of 635 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fairmont, NE?

The median household income in Fairmont is $73,750, which is 9% lower than the national median of $80,734.

What is the poverty rate in Fairmont, NE?

The poverty rate in Fairmont is 15.5%. This means approximately 93 residents live below the federal poverty line.

What is the racial makeup of Fairmont, Nebraska?

Fairmont's population is 95.3% White, 0.6% Black, 3.1% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Fairmont, NE?

The median home value in Fairmont is $73,600. The home-value-to-income ratio is 1.0x.

How educated is Fairmont, Nebraska?

9.1% of adults (25+) in Fairmont hold a bachelor's degree or higher, and 2.2% hold a graduate or professional degree.