Fairmont Micro Area Housing
As of 2008-2012, median price of a house in Fairmont Area is $102,200, which is much lower than the state average of $185,200 and is much lower than the national average of $175,700. The median year that a house in Fairmont Area was built is 1956, which is older than the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1975.
House Value
Median Value of a Total of 6,716 Owner Occupied Houses in Fairmont Area, #653Fairmont Area | 102,200 USD |
Minnesota | 194,300 USD |
U.S. | 181,400 USD |
Fairmont Area | 6.79% |
Minnesota | 51.31% |
U.S. | 46.91% |
*The Fairmont Area median house price growth rate is since 2005-2009. The Minnesota and U.S population growth rate is since 2000.
*Based on 2008-2012 data. View historical house value data.
Housing Occupancy
Fairmont Area | Minnesota | U.S. | |
Total Housing Units | 10,009, see rank, 100% | 2,347,201 | 131,704,730 |
Occupied Housing Units | 9,035, 90.27%, see rank | 88.92% | 88.62% |
Owner Occupied | 6,802, 67.96%, see rank | 64.92% | 57.69% |
Renter Occupied | 2,233, 22.31%, see rank | 24.00% | 30.93% |
Vacant Housing Units | 974, 9.73%, see rank | 11.08% | 11.38% |
For Rent | 274, 2.74%, see rank | 2.05% | 3.14% |
For Sale Only | 135, 1.35%, see rank | 1.31% | 1.44% |
Rented or Sold, Not Occupied | 47, 0.47%, see rank | 0.40% | 0.48% |
For Seasonal, Recreational, or Occasional Use | 170, 1.70%, see rank | 5.56% | 3.53% |
For Migrant Workers | 3, 0.03%, see rank | 0.01% | 0.02% |
Other Vacant | 345, 3.45%, see rank | 1.74% | 2.77% |
*Based on 2010 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #897Fairmont Area | Minnesota | U.S. |
1956 | 1974 | 1975 |
*Based on 2008-2012 data. View historical year structure built data.
Mortgage Status
Fairmont Area | % | Minnesota | U.S. | |
Owner-Occupied Units | 6,716 | 100% | 1,534,719 | 75,484,661 |
With a Mortgage | 3,743 | 55.73%, see rank | 70.29% | 67.13% |
Without a Mortgage | 2,973 | 44.27%, see rank | 29.71% | 32.87% |
*Based on 2008-2012 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Fairmont Area | 1,014 USD |
Minnesota | 1,571 USD |
U.S. | 1,559 USD |
Owner Costs Distribution
Monthly Owner Costs | Fairmont Area | % | Minnesota | U.S. |
$299 or Less | 7 | 0.19%, see rank | 0.15% | 0.18% |
$300 to $499 | 196 | 5.24%, see rank | 1.35% | 1.59% |
$500 to $699 | 493 | 13.17%, see rank | 3.93% | 4.89% |
$700 to $999 | 1,138 | 30.40%, see rank | 11.55% | 13.71% |
$1,000 to $1,499 | 1,054 | 28.16%, see rank | 28.98% | 26.97% |
$1,500 to $1,999 | 543 | 14.51%, see rank | 25.69% | 20.33% |
$2,000 to $2,999 | 244 | 6.52%, see rank | 20.87% | 20.10% |
$3,000 or More | 68 | 1.82%, see rank | 7.48% | 12.24% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fairmont Area | 20.50% of the Total Income |
Minnesota | 23.70% of the Total Income |
U.S. | 24.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Fairmont Area | % | Minnesota | U.S. | |
10% or Less | 303 | 8.10%, see rank | 5.07% | 5.04% |
10% to 20% | 1,501 | 40.10%, see rank | 31.51% | 29.70% |
20% to 30% | 1,004 | 26.82%, see rank | 31.12% | 28.18% |
30% to 40% | 372 | 9.94%, see rank | 14.59% | 14.80% |
40% or More | 558 | 14.91%, see rank | 17.44% | 21.80% |
*Based on 2008-2012 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Fairmont Area | 374 USD |
Minnesota | 463 USD |
U.S. | 449 USD |
Owner Costs Distribution
Monthly Owner Costs | Fairmont Area | % | Minnesota | U.S. |
$199 or Less | 255 | 8.58%, see rank | 4.60% | 7.99% |
$200 to $299 | 709 | 23.85%, see rank | 11.75% | 15.31% |
$300 to $499 | 1,307 | 43.96%, see rank | 41.75% | 35.02% |
$500 to $699 | 577 | 19.41%, see rank | 26.50% | 20.88% |
$700 or More | 125 | 4.20%, see rank | 15.40% | 20.80% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fairmont Area | 10.30% of the Total Income |
Minnesota | 11.90% of the Total Income |
U.S. | 12.60% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Fairmont Area | % | Minnesota | U.S. | |
10% or Less | 1,450 | 48.77%, see rank | 41.87% | 39.10% |
10% to 20% | 853 | 28.69%, see rank | 32.17% | 31.88% |
20% to 30% | 319 | 10.73%, see rank | 11.83% | 12.59% |
30% to 40% | 109 | 3.67%, see rank | 5.25% | 5.84% |
40% or More | 240 | 8.07%, see rank | 8.18% | 9.41% |
*Based on 2008-2012 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Fairmont Area | Minnesota | U.S. | |
Total Housing Units | 10,003, 100% | 2,347,928 | 131,642,457 |
1-unit, Detached | 8,069, 80.67%, see rank | 67.39% | 61.70% |
1-unit, Attached | 64, 0.64%, see rank | 7.37% | 5.79% |
2 Units | 155, 1.55%, see rank | 2.37% | 3.80% |
3 or 4 Units | 188, 1.88%, see rank | 2.10% | 4.44% |
5 to 9 Units | 407, 4.07%, see rank | 2.20% | 4.78% |
10 or More Units | 865, 8.65%, see rank | 14.95% | 12.89% |
Mobile Home, Boat, RV, Van, etc. | 255, 2.55%, see rank | 3.62% | 6.60% |
*Based on 2008-2012 data. View historical units in structure data.
Rooms
Fairmont Area | Minnesota | U.S. | |
Total Housing Units | 10,003, 100% | 2,347,928 | 131,642,457 |
1 Room | 92, 0.92%, see rank | 1.44% | 1.95% |
2 Rooms | 231, 2.31%, see rank | 2.60% | 2.36% |
3 Rooms | 628, 6.28%, see rank | 9.21% | 8.97% |
4 Rooms | 1,013, 10.13%, see rank | 14.15% | 16.57% |
5 Rooms | 1,713, 17.12%, see rank | 15.77% | 20.41% |
6 Rooms | 1,686, 16.85%, see rank | 15.21% | 18.25% |
7 Rooms | 1,475, 14.75%, see rank | 12.97% | 12.38% |
8 Rooms | 1,480, 14.80%, see rank | 11.07% | 8.59% |
9 Rooms or More | 1,685, 16.84%, see rank | 17.58% | 10.52% |
Median Rooms | 6.30, see rank | 5.90 | 5.50 |
*Based on 2008-2012 data. View historical rooms data.
Bedrooms
Fairmont Area | Minnesota | U.S. | |
Total Housing Units | 10,003, 100% | 2,347,928 | 131,642,457 |
No Bedroom | 119, 1.19%, see rank | 1.66% | 2.16% |
1 Bedroom | 946, 9.46%, see rank | 11.72% | 11.12% |
2 Bedrooms | 2,672, 26.71%, see rank | 26.87% | 26.85% |
3 Bedrooms | 3,730, 37.29%, see rank | 34.37% | 39.76% |
4 Bedrooms | 2,062, 20.61%, see rank | 19.64% | 15.95% |
5 or More Bedrooms | 474, 4.74%, see rank | 5.75% | 4.16% |
*Based on 2008-2012 data. View historical bedrooms data.
House Heating Fuel
Fairmont Area | Minnesota | U.S. | |
Total Housing Units | 8,887, 100% | 2,101,875 | 115,226,802 |
Utility Gas | 5,620, 63.24%, see rank | 67.41% | 49.42% |
Bottled, Tank, or LP Gas | 1,718, 19.33%, see rank | 9.97% | 5.03% |
Electricity | 1,001, 11.26%, see rank | 15.14% | 35.51% |
Fuel Oil, Kerosene, etc. | 290, 3.26%, see rank | 3.14% | 6.46% |
Coal or Coke | 0, 0.00%, see rank | 0.02% | 0.12% |
Wood | 111, 1.25%, see rank | 2.55% | 2.08% |
Solar Energy | 0, 0.00%, see rank | 0.01% | 0.04% |
Other Fuel | 135, 1.52%, see rank | 1.20% | 0.43% |
No Fuel Used | 12, 0.14%, see rank | 0.55% | 0.90% |
*Based on 2008-2012 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Fairmont Area | Minnesota | U.S. |
Occupied Units Paying Rent | 2,007, 100% | 540,440 | 37,562,111 |
$199 or Less | 107, 5.33%, see rank | 2.94% | 1.76% |
$200 to $299 | 265, 13.20%, see rank | 5.00% | 3.29% |
$300 to $499 | 413, 20.58%, see rank | 9.95% | 8.20% |
$500 to $699 | 435, 21.67%, see rank | 19.19% | 17.39% |
$700 to $999 | 505, 25.16%, see rank | 33.21% | 29.40% |
$1,000 to $1,499 | 181, 9.02%, see rank | 21.48% | 25.73% |
$1,500 to $1,999 | 22, 1.10%, see rank | 6.02% | 8.92% |
$2,000 or More | 79, 3.94%, see rank | 2.21% | 5.30% |
Median | $599, see rank | $802 | $889 |
*Based on 2008-2012 data. View historical gross rent data.
Vehicle Available
Fairmont Area | Minnesota | U.S. | |
Occupied Housing Units | 8,887, 100% | 2,101,875 | 115,226,802 |
No Vehicles Available | 735, 8.27%, see rank | 7.08% | 9.03% |
1 Vehicles Available | 2,474, 27.84%, see rank | 30.26% | 33.67% |
2 Vehicles Available | 3,723, 41.89%, see rank | 40.78% | 37.64% |
3 or More Vehicles Available | 1,955, 22.00%, see rank | 21.89% | 19.66% |
*Based on 2008-2012 data. View historical vehicle available data.