What are the schools like in Fairmount, IN?

Fairmount is served primarily by Madison-Grant United School Corp. The district operates 3 elementary schools, 1 middle schools, and 3 high schools with a student-to-teacher ratio of 18.1:1.

What is the median household income in Fairmount?

The median household income in Fairmount, IN is $48,235 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 7.3%.

What is the weather like in Fairmount, IN?

Fairmount has an average high temperature of 33.0°F in January and 83.8°F in July. Annual precipitation averages 41.8 inches and annual snowfall averages 24.5 inches.

Fairmount, IN Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Fairmount, IN affordable or expensive?

Fairmount's cost of living index is 90, where 100 represents the national average. This means Fairmount is 10% less expensive than the average US city. The median home value is $92,200 and the median rent is $718 per month.

Q: What is the crime rate in Fairmount, IN?

Crime rate data for Fairmount is not currently available from the FBI's reported data.

Is Fairmount, IN a Good Place to Live?

Fairmount is a small town of 2,582 in Indiana, with a median household income of $48,235 and a 7.3% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Fairmount stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Fairmount is right for you depends on your priorities — the full breakdown is below.

All Fairmount city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.8

Fairmount's overall cost of living index is 89.8, where 100 represents the US national average. Living in Fairmount costs roughly 10% less than the average American city.

Metric	Fairmount, IN	National Avg
Median Home Value	$92,200	$244,900
Median Monthly Rent	$718	$1,163
Homeownership Rate	71.1%	65.9%
Median Household Income	$48,235	$74,755

Crime & Safety

Crime data for Fairmount is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Fairmount is served primarily by Madison-Grant United School Corp. The student-to-teacher ratio is 18.1:1 (slightly above the national average of ~16:1).

Metric	Fairmount, IN	National Avg
School District	Madison-Grant United School Corp	—
Elementary Schools	3	—
Middle Schools	1	—
High Schools	3	—
Student/Teacher Ratio	18.1:1	16:1
Bachelor's Degree or Higher	9.0%	35.4%
High School Diploma or Higher	86.7%	91.1%

Weather & Climate

Fairmount sees average highs of 33.0°F in January and 83.8°F in July, with 41.8 inches of annual precipitation and 24.5 inches of snow per year.

Metric	Fairmount, IN
Average High — January	33.0°F
Average High — July	83.8°F
Annual Precipitation	41.8"
Annual Snowfall	24.5"

Demographics

Metric	Fairmount, IN	National Avg
Population	2,582	—
Median Age	40.3	38.9
Unemployment Rate	7.3%	3.7%
Avg Commute Time	25.4 min	26 min
White (non-Hispanic)	94.2%	59.3%
Black or African American	0.3%	13.6%
Hispanic or Latino	1.7%	18.9%
Asian	0.0%	6.3%
Under 18	25.7%	22.2%
65 and over	20.2%	16.8%

Nearby Cities

Fowlerton, IN 4 mi Jonesboro, IN 4 mi Summitville, IN 6 mi Gas City, IN 6 mi Matthews, IN 8 mi

Fairmount vs Other Cities

Fairmount, IN vs Fowlerton, IN Fairmount, IN vs Jonesboro, IN Fairmount, IN vs Summitville, IN Fairmount, IN vs Gas City, IN Fairmount, IN vs Matthews, IN

Frequently Asked Questions

Is Fairmount, IN affordable or expensive?

Fairmount's cost of living index is 90, where 100 is the national average. That makes Fairmount roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $92,200 and median rent is $718/month.

What is the crime rate in Fairmount, IN?

Crime data for Fairmount is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.

What are the schools like in Fairmount?

Public schools in Fairmount are operated by Madison-Grant United School Corp. The district has 3 elementary, 1 middle, and 3 high schools. The student-to-teacher ratio is 18.1:1. 9.0% of adults 25+ hold a bachelor's degree or higher.

Is Fairmount, IN a good place to live?

Fairmount, IN has a population of 2,582, a median household income of $48,235, and an unemployment rate of 7.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Fairmount?

Fairmount averages 33.0°F in January and 83.8°F in July. Annual rainfall is 41.8 inches with about 24.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What is the population of Fairmount?

The population of Fairmount, Indiana is 2,582 with a median age of 40.3. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Fairmount?

Key numbers for living in Fairmount: cost of living index 90 (100 = US average), median home $92,200, median household income $48,235, schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Fairmount side by side with your current city to see the trade-offs.