The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
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.
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Fairmont is a medium-sized city located in the state of West Virginia. The city has a population of 18,443 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (88% White). Given that fact, Fairmont could be considered less diverse than other cities. Fairmont is very likely to be a great place to live for singles as only 45%, of the population (over fifteen) are classified as married. If you're not a fan of traffic congestion and long commute times to work, Fairmont is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 21 minutes, significantly lower than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Fairmont, West Virginia. 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. With useful information like crime, health & safety, education and other key data points, finding the best places to live in Fairmont and in the areas around Fairmont is a much easier task.
With a livability score of 69/100, Fairmont is ranked #6,775 in the United States and #53 in West Virginia. There are nine total categories that create the livability score. Fairmont ranks well for cost of living (A+), education (B-) and housing (A-) There are some categories that Fairmont ranks poorly for, including: amenities (F), crime (D) and employment (F). It might be worth taking a closer look to find out why.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Fairmont excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Fairmont is actually affordable. The median home price for Fairmont homes is $117,000, which is 8.9% higher than the West Virginia average. If we take a closer look at the affordability of homes in Fairmont, we’ll see that the home price to income ratio is 2.6, which is 4% higher than the West Virginia average.
Statistic | Fairmont | West Virginia | National |
Average one way commute | 21min | 26min | 26min |
Workers who drive to work | 77.4% | 82.0% | 76.4% |
Workers who carpool | 9.1% | 9.9% | 9.3% |
Workers who take public transit | 0.5% | 0.9% | 5.1% |
Workers who bicycle | 0.0% | 0.1% | 0.6% |
Workers who walk | 5.9% | 2.9% | 2.8% |
Working from home | 5.8% | 3.1% | 4.6% |