Fairmount 75 Excellent
Fairmount Livability #37 ranked city in Colorado#3,411 ranked city in the USARanks better than 88% of areas

Pros and Cons of Living in Fairmount

PROS
  • Amenities

    The area boasts an ample array of local amenities, such as restaurants, entertainment options, grocery stores and parks, all conveniently located within walking distance.

  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • 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.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • 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.

CONS
  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

  • Ratings

    Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.

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What's it like Living in Fairmount?

Fairmount, Colorado is a smaller city with a population of 9,549 residents. At 96%, the majority of the Fairmount population is White; this is followed by 1% Black and 1% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Fairmount is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.

Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Fairmount could be a positive experience compared to other cities in Colorado if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like cost of living, commute, employment, housing, you can easily compare the best places to live in Fairmount and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Fairmount to Colorado and the national average.

Fairmount has a livability score of 81 out of 100 and is ranked #11 in Colorado and #937 in the USA. Clearly, Fairmount is doing something right, as this score ranks well above the average of most cities. Another exciting tidbit, is that Fairmount ranks better than 90% of all US cities! For each of the livability categories, we know that Fairmount ranks very well for crime (A-) and housing (A+). On a less positive note, Fairmount does not have favorable grades for the following: cost of living (F). If we take a look at the data, we can find out why.

If you're considering living in Fairmount, it comes with numerous advantages, particularly in the form of an extensive selection of local amenities. These amenities play a pivotal role in elevating the quality of life within this vibrant community. From easily accessible grocery stores, to conveniently located fitness facilities, a diverse range of dining establishments and a multitude of shopping options, Fairmount provides a comprehensive array of resources for its residents. This ensures the effortless fulfillment of your daily needs and creates ample opportunities for relaxation and recreation. The convenience of these local offerings greatly contributes to the overall appeal of the area, making it an enticing destination for those in search of convenience, diversity, and a gratifying lifestyle. If you're contemplating a move, the abundance of local amenities could very well be a defining characteristic of this area.

When contemplating a move, job prospects often top the list of priorities. In Fairmount, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.5% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

Finding affordable real estate and housing in Fairmount 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.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Fairmount. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Fairmount are affordable. The median home price for Fairmount homes is $554,100, which is 109.4% higher than the Colorado average. If we take a closer look at the affordability of homes in Fairmount, we’ll see that the home price to income ratio is 4.5, which is 7.1% higher than the Colorado average.

Best Places to Live in and Around Fairmount

See all the best places to live around Fairmount

How Do You Rate The Livability In Fairmount?

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Compare Fairmount, CO Livability

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      Fairmount transportation information

      Statistic Fairmount Colorado National
      Average one way commute27min25min26min
      Workers who drive to work77.2%75.2%76.4%
      Workers who carpool7.5%9.3%9.3%
      Workers who take public transit1.6%3.1%5.1%
      Workers who bicycle0.7%1.3%0.6%
      Workers who walk1.7%3.0%2.8%
      Working from home11.2%7.0%4.6%
      Source: The Fairmount, CO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).