Everything You Need to Know About the City of Fairmont West Virginia

In 2017, Fairmont, West Virginia had a population of 18.6k people with a median age of 34.5 and a median household income of $39,759 dollars. Between 2016 and 2017 the population of Fairmont, WV declined from 18,699 to 18,575, a -0.663 percent decrease, and its median household income grew from $38,566 dollars to $39,759 dollars, a 3.09 percent increase.

The population of Fairmont, WV is 88.1 percent White Alone, 8.18 percent Black or African American Alone, and 1.86 percent Two or More Races. N/A% of the people in Fairmont, WV speak a non-English language, and 99.4 percent are U.S. citizens.

The largest universities in Fairmont, WV are Fairmont State University (846 degrees awarded in 2017), Pierpont Community and Technical College (372 degrees), and Opportunities Industrialization Center (46 degrees).

The median property value in Fairmont, WV is $109,300 dollars, and the homeownership rate is 62.5 percent. Most people in Fairmont, WV commute by Drove Alone, and the average commute time is 19 minutes. The average car ownership in Fairmont, WV is 2 cars per household.


Education in Fairmont

In 2017, universities in Fairmont, WV awarded 1,264 degrees. The student of Fairmont, WV is skewed towards women, with 2,394 males and 3,398 females.

Most students graduating from Universities in Fairmont, WV are White (1,118 and 90.2 percent), followed by Black or African American (48 and 3.87 percent), Two or More Races (31 and 2.5 percent), and Hispanic or Latino (26 and 2.1 percent).

The largest universities in Fairmont, WV by the number of degrees awarded are Fairmont State University (846 and 66.9 percent), Pierpont Community and Technical College (372 and 29.4 percent), and Opportunities Industrialization Center (46 and 3.64 percent).

The most popular majors in Fairmont, WV are Registered Nursing (122 and 9.65 percent), Criminal Justice – Safety Studies (113 and 8.94 percent), and General Business Administration & Management (105 and 8.31 percent).

The median tuition costs in Fairmont, WV are $N/A for private four-year colleges, and $5,216 dollars and $12,720 dollars respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Fairmont

The economy of Fairmont, WV employs 8.38k people and Fairmont has an unemployment rate of 5.5 percent. Fairmont has seen the job market increase by 0.9 percent over the last year. Future job growth over the next ten years is predicted to be 24.0 percent, which is lower than the US average of 33.5 percent. The largest industries in Fairmont, WV are Health Care & Social Assistance (1,586 people), Educational Services (917 people), and Accommodation & Food Services (1,073 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($75,486 dollars), Agriculture, Forestry, Fishing & Hunting, & Mining ($64,196 dollars), and Utilities ($51,726 dollars).

Households in Fairmont, WV have a median annual income of $39,759 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $38,566 dollars in 2016, which represents a 3.09 percent annual growth.


Tax Rates for Fairmont

– The Sales Tax Rate for Fairmont is 7.0 percent.

– The Income Tax Rate for Fairmont is 6.5 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Fairmont

– The average income of a Fairmont resident is $21,785 dollars a year.

– The Median household income of a Fairmont resident is $36,731 dollars a year.