CitytisticsShortlist

Cost of living, pay and housing

35.19° N · 85.33° W · GEOID 4725080

Fairmount

Hamilton County, Tennessee · part of the Chattanooga, TN metro

Limited data population under 5,000

TennesseeFairmount, TNFairmountFairmount

The short answer

Fairmount is home to 2,110 people. Median household income is $137,317 a year and median rent is $1,675 a month, 14.6% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $464,500, about 3.4x annual median household income.

Median gross rent
$1,675
23% above the median place
Median household income
$137,317
71% above the median place
Median home value
$464,500
45% above the median place
Unemployment
0.0%
below the median place (median 4.9%)

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Fairmount

  • Unemployment averaged 0.0% over the survey period, lower than in 99% of the 1,242 places under 10,000 people we track. It is the lowest of 80 Tennessee places.
  • After the median rent, and with prices for everything else adjusted to the US average, the median household has about $124,000 a year left, more than in 88% of places its size.
  • 27% of workers mostly work from home, more than in 89% of places its size.
  • 89% of homes are owner-occupied, more than in 88% of places its size.
  • The median rent takes only 14.6% of the median household's income, a smaller share than in 85% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 93 out of 100. Budget for insurance before counting the savings.

01

Moving to Fairmount

Hamilton County gains about 8.5 residents per 1,000 a year to moves between counties.

Moved in17,907
Moved out15,363
Net+2,544

Where people come from and where they go, top counties

Catoosa County, GA1,0121,358−346
Bradley County, TN1,0841,245−161
Walker County, GA754984−230
Marion County, TN246308−62

Within Tennessee, other states or abroad

Arrivals
Leavers
Within TennesseeOther statesAbroad

Income per tax return

Arrivals$76K
Leavers$69K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Hamilton County; flows under 20 returns are not published.

Who moves here
6.5% of residents arrived from another county in the past year, 4.0% from another state. County figure.
Who arrives and who leaves
Households moving into Hamilton County report $76,200 a year in income on average; those leaving, $68,700, so newcomers earn more than leavers.
Income you would need
$67,000 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,675 a month; owners with a mortgage pay $2,061 a month including taxes and insurance, on a median home of $464,500.
Getting to work
27 minutes each way on average; 26.8% work from home.
If it is close but not quite
Wescosville, PA matches it on character. Compare the two
Moved from another state1
4.0%
102% above the median place
Net movers per 1,000 people6
8.5
above the median place (median -0.6)
Moved here in the past year1
6.5%
13% above the median place
All 5 moving measures
MeasureFairmountAmong 6,645 placesVs median
Moved here in the past year1County figure6.5%13% above
Moved from another state1County figure4.0%102% above
Net movers per 1,000 people6County figure8.5above (median -0.6)
Income of households moving in6County figure$76,1588% above
Income of households moving out6County figure$68,6502% below
02

What it costs to live here

Homeownership is 88.9%, 34% above the median place.

Fairmount14.6%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$67,000
a year, at the 30% line
Rent to income
14.6%
28% below the median place
Home price to income
3.4x
11% below the median place

Could you afford it?

The median rent would take
15%
comfortably under the 30% line
Left after rent, in US prices
$123,700
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Fairmount, $1,675 a month, and local prices for everything else (94.5 against a US average of 100). It runs in your browser and stores nothing.

Like Fairmount, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Springdale, MD11.5% vs 14.6%$19,200Compare

Moving from somewhere else? Work out the salary you would need in Fairmount.

Sponsored · exampleMoving to Fairmount? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Homeownership1
88.9%
34% above the median place
Property tax rate1
0.5%
46% below the median place
Median home value1
$464,500
45% above the median place
All 15 cost and housing measures
MeasureFairmountAmong 6,645 placesVs median
Median gross rent1$1,67523% above
Rent to income114.6%28% below
Property tax rate10.5%46% below
Home price to income13.4x11% below
Prices vs US average2Metro figure91.59% below
Fair market rent, 2 bedrooms3County figure$1,34017% below
Property tax paid (median)1$2,25431% below
Median home value1$464,50045% above
Home prices, 1-year change4County figure1.8%45% below
Home prices, 5-year change4County figure63.3%23% above
Homeownership188.9%34% above
Renters paying 30%+1County figure45.2%11% below
Owner costs with a mortgage1$2,06110% above
Vacant homes1County figure8.2%17% above
Median year built119840% above
03

Work and pay

Unemployment is 0.0%, below the median place (median 4.9%).

Unemployment1
0.0%
below the median place (median 4.9%)
Commutes by transit1
0.0%
below the median place (median 0.8%)
Works from home1
26.8%
116% above the median place

More on work and pay, against the typical place

Median household income$137,317 +71%
Income per person$63,544 +59%
Mean commute27 min +7%
All 10 work and pay measures
MeasureFairmountAmong 6,645 placesVs median
Median household income1$137,31771% above
Income per person1$63,54459% above
Unemployment10.0%below (median 4.9%)
Average annual pay5County figure$69,2535% above
Pay growth, 1 year5County figure4.9%32% above
Jobs5County figure219,58046% above
Poverty rate1County figure13.1%21% above
Mean commute127 min7% above
Works from home126.8%116% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Homes with broadband is 96.0%, 4% above the median place.

Homes with broadband1
96.0%
4% above the median place
Median age1
43.3
11% above the median place
Bachelor's or higher1
49.6%
55% above the median place
All 8 people measures
MeasureFairmountAmong 6,645 placesVs median
Population12,1106646th largest
Median age143.311% above
Bachelor's or higher149.6%55% above
High school or higher194.1%2% above
Household size12.810% above
Born abroad1County figure6.6%25% below
No health insurance1County figure9.7%52% above
Homes with broadband196.0%4% above
05

Life in Fairmount

112 sites are on the National Register of Historic Places, 2 of them National Historic Landmarks.

Out the door, against the typical place

Parks per 10k residents0.0 −100%
Playgrounds per 10k0.0 −100%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars22.8 +10%
Shops38.3 +26%
Arts, recreation and fitness4.4 +7%
Doctors' offices and clinics24.0 +19%
Child care centers1.8 −22%

Counts businesses with paid staff, so small owner-run shops are not included.

Shops per 10k7
38.3
26% above the median place
Public schools10
82
above the median place (median 9)
Public school students10
45,981
above the median place (median 4,897)
All 15 schools and local life measures
MeasureFairmountAmong 6,645 placesVs median
Public schools10County figure82above (median 9)
Public school students10County figure45,981above (median 4,897)
Restaurants and bars per 10k7County figure22.810% above
Shops per 10k7County figure38.326% above
Arts, recreation and fitness per 10k7County figure4.47% above
Doctors' offices and clinics per 10k7County figure24.019% above
Child care centers per 10k7County figure1.822% below
Parks per 10k80.0below (median 10.2)
Playgrounds per 10k80.0below (median 9.4)
Grocery stores per 10k80.0below (median 2.1)
Restaurants, cafes and bars per 10k80.0below (median 11.2)
Libraries per 10k80.0below (median 0.9)
Named paths and bike trails80.0below (median 2.0)
Transit stops per sq mi80.0below (median 0.2)
National Register listings9County figure112above (median 13)
06

Safety, weather and risk

Annual precipitation is 57.1 in, 30% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Fairmount. Larger places are fetched first.

Annual precipitation11
57.1 in
30% above the median place
Tornado risk12
98.6
21% above the median place
Heat wave risk12
75.6
16% below the median place
All 11 weather and risk measures
MeasureFairmountAmong 6,645 placesVs median
July average high11County figure88°F2% above
January average low11County figure30°F20% above
Average temperature11County figure60°F9% above
Annual precipitation11County figure57.1 in30% above
Natural hazard risk12County figure93.31% above
Hurricane risk12County figure62.511% below
Tornado risk12County figure98.621% above
Wildfire risk12County figure70.615% above
Heat wave risk12County figure75.616% below
Median air quality index13County figure442% above
Good air days13County figure64.9%5% below
08

Fairmount in 2030: where the trends point

If recent trends hold, the median rent will take about 15% of the median income in 2030, about the same as 15% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,675/mo (2024)$2,180/mo$1,790 to $2,660/mo+4.5%
Median household income$137,317 (2024)$177,000$149,500 to $209,000+4.3%
Median home value$464,500 (2024)$652,000$474,000 to $899,000+5.8%

The median home would be worth 3.7 years of the median income in 2030, against 3.4 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Fairmount

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Wescosville, PA$1,602$139,826Compare
Chesapeake Beach, MD$1,756$138,895Compare
Glenn Dale, MD$1,698$134,333Compare
Bel Air North, MD$1,624$137,336Compare
Bel Air North, MDGlenn Dale, MDChesapeake Beach, MDWescosville, PAFairmount, TNFairmountWescosvilleChesapeake BeachFairmountWescosvilleChesapeake Beach

Common questions

Is Fairmount a good place to live?

It depends on what you need, so here is what the numbers say. Unemployment averaged 0.0% over the survey period, lower than in 99% of the 1,242 places under 10,000 people we track. It is the lowest of 80 Tennessee places. After the median rent, and with prices for everything else adjusted to the US average, the median household has about $124,000 a year left, more than in 88% of places its size. See how it ranks with your own weights.

Is Fairmount expensive to live in?

The median rent takes 14.6% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $464,500.

What salary do you need to live in Fairmount?

To rent the median home without spending more than 30% of income on rent, a household needs about $67,000 a year. Work it out from your current city.

What places are similar to Fairmount?

On income, rent, home value, education and age, the closest matches are Wescosville, PA, Chesapeake Beach, MD, Glenn Dale, MD and Bel Air North, MD.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Common Core of Data · National Center for Education Statistics · 2024 release
  11. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  12. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  13. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Fairmount with places of a similar size, using only figures measured for Fairmount itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/fairmount-tennessee

Citytistics. “Fairmount, Tennessee.” Data as of 2026-11-14. https://www.citytistics.com/city/fairmount-tennessee/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.