Fairmount is located in southeast Maryland. Fairmount is part of Somerset County. Fairmount has 12.26 square miles of land area and 4.86 square miles of water area. As of 2010-2014, the total Fairmount population is 313, which has shrunk 41.71% since 2000. The population growth rate is much lower than the state average rate of 11.16% and is much lower than the national average rate of 11.61%. Fairmount median household income is $19,063 in 2010-2014 and has has shrunk by 21.18% since 2000. The income growth rate is much lower than the state average rate of 40.25% and is much lower than the national average rate of 27.36%. Fairmount median house value is $180,000 in 2010-2014 and has shrunk by -192.68% since 2000. The house value growth rate is much higher than the state average rate of 96.92% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Fairmount is worse than the state average in quality.