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MapMap ViewFairmont, MN 56031 has a population of approximately 11,897 and experiences a population change rate of -6.51%. The population density is 76.3 / sq mi .
The median household income for Fairmont, MN 56031 is $54,558, with 5,213 households and an average household size of 2.26.
The median value of a home in Fairmont, MN 56031 is $156,000 with an appreciation rate of 11.60%. 64.76% of housing in the state is owned while 27.48% is rented.
The cost of living in Fairmont, MN 56031 is 79.2 %.
The unemployment rate in Fairmont, MN 56031 is 2.90%, and recent job growth is at -1.90%. Future job growth is projected at 17.11%.
The sales tax rate in Fairmont, MN 56031 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Fairmont, MN 56031 are $15,191, and the school ratio is 15.2:1.
The average high temperature in July is 83 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 32.3 inches per year, with 42.8 inches of snow per year.
