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The total population of Fairmont City is estimated to be 2,125 with 1,062 males (49.98%) and 1,063 females (50.02%). There are 1 more females than males in Fairmont City.
The median household income in Fairmont City was $42,423 in 2021, which marked an a decrease of 381(0.89%) from $42,804 in 2020. This income is 56.86% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Fairmont City sees its highest median household income among householders in the age group of 45 to 64 years old, at $60,905. Overall, the median household income for the village of Fairmont City stands at $42,423.
In Fairmont City, the median income for all workers aged 15 years and older, regardless of work hours, was $34,094 for males and $27,113 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,181 for males and $33,472 for females.
In Fairmont City, there are just two different racial groups among households. Among these, White households report a median household income of $44,662, while Some Other Race households have a median household income of $40,985.
In 2022, the population of Fairmont City was 2,203, a 1.34% decrease year-by-year from 2021. Previously, in 2021, Fairmont City's population was 2,233, a decline of 0.98% compared to a population of 2,255 in 2020.
The median age in Fairmont City, IL is 36.0, as per 2021 ACS 5-Year Estimates. Of the total population, 20.63% were under the age of 15, 20.27% aged 15 to 29, 41.82% aged 30 to 64, 13.33% aged 65 to 84, and 3.95% were 85 years of age and older.
Racial distribution of Fairmont City population: 55.51% are White, 2.30% are Black or African American, 4.55% are American Indian and Alaska Native, 0.97% are Asian, 29.60% are some other race and 7.08% are multiracial.