Fairmount, TN

Census Place

2024 Population

2,110

US Senator

Marsha Blackburn

Republican Party

US Senator

Bill Hagerty

Republican Party

2024 Median Age

43.3

3.99% 1-year decrease

2024 Poverty Rate

3.74%

1.88% 1-year increase

2024 Median Household Income

$137,317

3.07% 1-year growth

Population & Diversity

Fairmount, TN is home to a population of 2.11k people, from which 99.8% are citizens.

As of 2024, 0.664% of Fairmount, TN residents were born outside of the country (14 people).

In 2024, there were 21 times more White (Non-Hispanic) residents (1.85k people) in Fairmount, TN than any other race or ethnicity. There were 88 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 62 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.8%

2024 Citizenship

99.9%

2023 Citizenship

As of 2024, 99.8% of Fairmount, TN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Fairmount, TN was 99.9%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Fairmount, TN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Fairmount, TN

White (Non-Hispanic)
1.85k ± 368
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
88 ± 77
Other (Non-Hispanic)
62 ± 86

2.23%

Hispanic Population

47 people

2.23% of the people in Fairmount, TN are hispanic (47 people).

The following chart shows the 8 races represented in Fairmount, TN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Tennessee.

Most Common Origin

Mexico
95,077 ± 7,519 people
Guatemala
31,959 ± 4,379 people
Honduras
26,792 ± 4,011 people

In 2024, the most common birthplace for the foreign-born residents of Tennessee was Mexico, the natal country of 95,077 Tennessee residents, followed by Guatemala with 31,959 and Honduras with 26,792.

Foreign-Born Population

0.664%

2024 Foreign-Born Population

14 people

0.259%

2023 Foreign-Born Population

5 people

As of 2024, 0.664% of Fairmount, TN residents (14 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Fairmount, TN was 0.259%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Fairmount, TN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
40 ± 37
Gulf War (2001-)
28 ± 33
Vietnam
14 ± 26

Fairmount, TN has a large population of military personnel who served in Gulf War (1990s), 1.43 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Fairmount, TN.

Economy

The economy of Fairmount, TN employs 932 people. In 2024, the largest industries in Fairmount, TN were Health Care & Social Assistance (143 people), Finance & Insurance (116 people), and Educational Services (108 people), and the highest paying industries were Finance & Insurance ($137,134), Finance & Insurance, & Real Estate & Rental & Leasing ($137,134), and Utilities ($135,667).

Employment

Occupations

932

2024 Value

± 206

12.3%

1 Year growth

± 29%

From 2023 to 2024, employment in Fairmount, TN grew at a rate of 12.3%, from 830 employees to 932 employees.

The most common job groups, by number of people living in Fairmount, TN, are Business & Financial Operations Occupations (138 people), Management Occupations (131 people), and Education Instruction, & Library Occupations (117 people). This chart illustrates the share breakdown of the primary jobs held by residents of Fairmount, TN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Tennessee.

This chart shows weekly unemployment insurance claims in Tennessee (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

932

2024 Value

± 206

12.3%

1 Year growth

± 29%

From 2023 to 2024, employment in Fairmount, TN grew at a rate of 12.3%, from 830 employees to 932 employees.

The most common employment sectors for those who live in Fairmount, TN, are Health Care & Social Assistance (143 people), Finance & Insurance (116 people), and Educational Services (108 people). This chart shows the share breakdown of the primary industries for residents of Fairmount, TN, though some of these residents may live in Fairmount, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$104,453

Median earning men ± $30,563

$46,696

Median earning women ± $28,925

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($200,268), Professional, Scientific, & Management, & Administrative & Waste Management Services ($198,125), and Finance & Insurance, & Real Estate & Rental & Leasing ($137,134).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($60,601), Retail Trade ($36,250), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($5,804).

Housing & Living

The median property value in Fairmount, TN was $464,500 in 2024, which is 1.4 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $482,700 to $464,500, a 3.77% decrease. The homeownership rate in Fairmount, TN is 88.9%, which is higher than the national average of 65.2%.

People in Fairmount, TN have an average commute time of 26.7 minutes, and they drove alone to work. Car ownership in Fairmount, TN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$464,500

Median Property Value 2024

±$88,620

$681

Median Property Taxes

±$181

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Fairmount, TN the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Fairmount, TN compared to it's parent and neighbor geographies.

Rent vs Own

88.9%

Homeownership

2024

61.7%

Homeowners with Mortgage

2024

In 2024, 88.9% of the housing units in Fairmount, TN were occupied by their owner. This percentage declined from the previous year's rate of 90.8%.

This chart shows the percentage of owner in Fairmount, TN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$137,317

Median Household Income

± $13,682

766

Number of Households

± 179

In 2024, the median household income of the 766 households in Fairmount, TN grew to $137,317 from the previous year's value of $133,232.

The following chart displays the households in Fairmount, TN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Fairmount, TN is from Tennessee.

0.457

2024 Wage GINI in Tennessee

0.459

2023 Wage GINI in Tennessee

In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

This chart shows the number of workers in Tennessee across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (67.4%)
Worked At Home (26.8%)
Carpooled (4.25%)

In 2024, 67.4% of workers in Fairmount, TN drove alone to work, followed by those who worked at home (26.8%) and those who carpooled to work (4.25%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

26.7 minutes

Average Travel Time

Using averages, employees in Fairmount, TN have a longer commute time (26.7 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Fairmount, TN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Fairmount, TN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Fairmount, TN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Fairmount, TN have 2 cars.

Poverty

Poverty & Diversity

3.74% of the population for whom poverty status is determined in Fairmount, TN (79 out of 2.11k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 45 - 54 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Fairmount, TN is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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