Fairmount, Illinois.
Typical home $160,948 (+4.4% in a year). Danville, IL metro.
to buy the typical home at today's mortgage rate — +$436 (+107%) since Jan 2020.
- 1 year
- Up $6,847 +4%
- $154,101$160,948 since Sep 2025
- 5 years
- Up $38,238 +31%
- $122,710$160,948 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fairmount$845
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Fairmount, IL rose 4.4% over the past year — faster than the nation's +1.2%.
Living in Fairmount, Vermilion County, Illinois
Fairmount is a village of 612 people in Vermilion County. Half its households earn more than $60,500 a year and half less, against $56,877 across Vermilion County; 13% of its people live below the poverty line. 79% of its homes are lived in by their owners and 21% are rented. Unemployment in Vermilion County was 4.7% in August 2026, and the county had 1.4% fewer jobs in 2025 than the year before. The most people in Vermilion County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fairmount is a small village in Vermilion County, Illinois, where nearly everyone knows the neighbors and most homes are lived in by their owners. Household incomes run a little above the county's, and typical home values sit at a modest level. Winters are cold, with the coldest weather in January and a fair amount of snow, while summers turn warm and the year brings a good deal of rain and melted snow.
Work. Residents work mainly in schools, hospitals and social care, with manufacturing, shops, and banks, insurance and property also employing many. Across Vermilion County, some of the largest workplaces are the Veterans Health Administration, Danville CCSD 118 and Help At Home. Few adults hold a four-year degree, and the typical commute is a fairly long one, while a small share of people work from home. Job numbers across the county have slipped over the past year.
Things to do. A short drive away, Kickapoo State Recreation Area is a protected area for time outdoors, and the Vermilion River and the Salt Fork Vermilion River offer water to walk beside. A longer drive brings you to the Krannert Center for the Performing Arts, a theatre in the university area, and to Lake Vermilion, a lake for a day by the water.
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- 248households
- 14%of adults have a degree
- 13%below the poverty line
- 26 mintypical commute
- 8%work from home
What people in Vermilion County work in
Employed residents by industry, from the Census survey. Vermilion County had 25,378 jobs in 2025, 1.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 17°; warmest in July, with highs near 84° and lows near 64°. About 24 inches of snow and 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Sidell 4N weather station, 5 miles away (NOAA).
Largest workplaces in Vermilion County
- Veterans Health AdministrationFederal government · Department of Veterans Affairs1,094
- Danville CCSD 118School district890FTE
- Help At HomeHomemaker's service for elderly or disabled persons, non-medical695
- Frito LAYBreakfast cereal manufacturing525
- Watchfire Signs (Danville, IL)Manufacturer of electronic signs401
- City of DanvilleExecutive offices, federal, state, and local396
- OSF Sacred Heart Medical CenterGeneral hospital370FTE
- WalmartWarehouse clubs and supercenters307
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 79 workplaces with 20 or more staff, 9,183 people in all across the county; Fairmount has none of its own. Federal offices come from OPM's federal workforce data (2026), school districts from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- DroughtRelatively high
- Cold wavesRelatively high
- Winter weatherRelatively high
- Strong windRelatively high
- HailRelatively moderate
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fairmount’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Vermilion County and the Danville, IL metro.
Fairmount home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fairmount$160,948
- Illinois$295,943
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Fairmount address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fairmount — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.