Commute
A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.
Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Located in the state of Illinois, Fairmont is a small-sized city with a population of 2,690 people. Individuals of White (41%) and Black or African American (33%) backgrounds make up a significant portion of the population of the city. Additionally, more than a quarter of the population of Fairmont are of Hispanic or Latino origin, and 21% of the population also speak Spanish. The median age of all Fairmont residents is 31, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. In Fairmont, only 37% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Something to be aware of when living in Fairmont are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 32 minutes, this comes in much higher than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the area before actually living in Fairmont, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Fairmont and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, education, employment, housing and other important metrics.
Fairmont, IL receives 66 out of 100 for its livability score; this results in a ranking of #445 in Illinois and #9,955 in the USA. If we examine each of the categories individually, we see that Fairmont ranks well for crime (A-), cost of living (A+) and housing (A+). There is at least one category that does not have great scores in Fairmont. The following was graded with a disappointing score: amenities (F) and education (F).
The unemployment rate in Fairmont has consistently declined over the years and currently stands well below the national average at 2.5%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Fairmont can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Fairmont meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Fairmont. Everything else becomes a lot less important if it turns out that home prices in Fairmont are simply unattainable. Median real estate prices in Fairmont come in at $108,900, which is 37.7% lower than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Fairmont, the home price to income ratio is 2.1, which is 30% lower than the Illinois average.
| Statistic | Fairmont | Illinois | National |
| Average one way commute | 32min | 29min | 26min |
| Workers who drive to work | 83.0% | 73.4% | 76.4% |
| Workers who carpool | 10.5% | 8.3% | 9.3% |
| Workers who take public transit | 2.7% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 0.0% | 3.1% | 2.8% |
| Working from home | 3.9% | 4.4% | 4.6% |
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