Fairmount, Tennessee Demographics & Population 2026
During the 2020–2024 ACS period, Fairmount, Tennessee had a total population of 2,110, the 209th largest community in Tennessee, with a median household income of $137,317, which is 97% higher than the state average. The poverty rate is 3.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 97% above the state average — one of the wealthiest communities in Tennessee.
- An exceptionally low poverty rate of 3.7% — among the lowest in Tennessee.
- 49.6% of adults hold a bachelor's degree or higher — top 10% in Tennessee.
Fairmount Quick Facts
How Fairmount Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,932 | 2,110 | +9.2% |
| Median household income | $133,232 | $137,317 | +3.1% |
| Median home value | $482,700 | $464,500 | -3.8% |
How Fairmount Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 46 | National average: 61
Education
Educational Attainment (Adults 25+)
Fairmount Rankings in Tennessee
Explore Tennessee Rankings
Other Cities in Hamilton County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Chattanooga | 185,783 | $64,523 | 19.1% | $283,200 |
| East Ridge | 22,070 | $62,247 | 13.1% | $211,100 |
| Soddy-Daisy | 13,231 | $75,113 | 7.3% | $256,600 |
| Middle Valley | 12,187 | $95,000 | 5.1% | $319,400 |
| Red Bank | 12,010 | $63,983 | 12.0% | $269,400 |
| Collegedale | 11,330 | $70,246 | 7.3% | $365,100 |
| Signal Mountain | 8,860 | $141,008 | 3.3% | $544,300 |
| Harrison | 8,011 | $89,395 | 3.9% | $307,400 |
| Apison | 4,271 | $129,307 | 12.4% | $459,000 |
| Sale Creek | 2,955 | $53,932 | 5.0% | $299,700 |
Cities Similar to Fairmount
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Pegram | 2,089 | $111,172 | $387,100 | 35.8% | 0.3% |
| Rural Hill | 2,075 | $108,250 | $458,700 | 28.2% | 3.2% |
| Walden | 1,845 | $124,493 | $679,900 | 64.9% | 3.1% |
| Lookout Mountain | 2,111 | $201,000 | $855,300 | 86.8% | 2.3% |
| Falling Water | 2,315 | $111,842 | $420,600 | 43.0% | 7.3% |
Population Overview
Fairmount is a small community located in Tennessee, within Hamilton County. The total population is 2,110. It ranks as the 209th most populous out of 502 Census-designated places in Tennessee.
Age Demographics
The median age in Fairmount is 43.3 years. This is 11% higher than the state median of 38.9 years. With 29.2% of the population under 18, Fairmount has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Fairmount is $137,317. This is 97% higher than the state median of $69,595. It is also 70% higher than the national median of $80,734. The poverty rate stands at 3.7%. This is 73% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Fairmount, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $464,500. Housing costs are 62% higher than the state median of $286,700. The home-value-to-income ratio is 3.4x. 88.9% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 66.9%.
Race & Ethnicity
Fairmount has a predominantly White (non-Hispanic) population, comprising 87.7% of all residents. Hispanic or Latino residents account for 2.2%. The Hispanic or Latino population (2.2%) is well below the state average of 7.4%.
Education
49.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Fairmount in the top 10% of all cities in the state for educational attainment. This is 60% higher than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.1%. Notably, 17.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Fairmount, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. 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 Fairmount, Tennessee?
Fairmount, Tennessee has a population of 2,110 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Fairmount, TN?
The median household income in Fairmount is $137,317, which is 70% higher than the national median of $80,734.
What is the poverty rate in Fairmount, TN?
The poverty rate in Fairmount is 3.7%. This means approximately 79 residents live below the federal poverty line.
What is the racial makeup of Fairmount, Tennessee?
Fairmount's population is 87.7% White, 0.0% Black, 2.2% Hispanic/Latino, and 1.5% Asian.
What is the median home value in Fairmount, TN?
The median home value in Fairmount is $464,500. The home-value-to-income ratio is 3.4x.
How educated is Fairmount, Tennessee?
49.6% of adults (25+) in Fairmount hold a bachelor's degree or higher, and 17.8% hold a graduate or professional degree.