Fairmount, Indiana.
Typical home $171,463 (+4.7% in a year). Marion, IN metro.
to buy the typical home at today's mortgage rate — +$512 (+132%) since Jan 2020.
- 1 year
- Up $7,707 +5%
- $163,756$171,463 since Sep 2025
- 5 years
- Up $38,825 +29%
- $132,638$171,463 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$900
- Indiana$1,350
- 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, IN rose 4.7% over the past year — faster than the nation's +1.2%.
Living in Fairmount, Grant County, Indiana
Fairmount is a town of 2,682 people in Grant County. Half its households earn more than $51,739 a year and half less, against $53,522 across Grant County. 78% of its homes are lived in by their owners and 22% are rented. Unemployment in Grant County was 4.1% in August 2026, and the county had 1.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 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 It can be wrong or out of date.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 town where most homes are lived in by their owners, and the people who live there are younger than in many towns of its size. Incomes run a little below the county's, and few adults hold a four-year degree. Winters are cold, with January the coldest month and a fair amount of snow, and summers turn warm in July, with rain and melted snow spread through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and the building trades close behind. Across Grant County, some of the largest workplaces are Indiana Wesleyan University-Marion, Marion General Hospital and General Motors Marion Stamping. Unemployment across the county has eased compared with a year earlier, and the county has added jobs. Few people work from home, and the typical commute is a moderate one.
Things to do. For time outdoors, Mounds State Park is a protected area a longer drive away, and Wildcat Creek and the Salamonie River are rivers that also take a longer drive to reach. For a quieter day out, Minnetrista is a botanical garden, also a longer drive from town.
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- 1,010households
- 11%of adults have a degree
- 24 mintypical commute
- 3%work from home
What residents work in
Employed residents by industry, from the Census survey. Grant County had 27,713 jobs in 2025, 1.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 18°; warmest in July, with highs near 84° and lows near 62°. About 24 inches of snow and 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Marion North weather station, 11 miles away (NOAA).
Largest workplaces in Grant County
- Indiana Wesleyan University-MarionUniversity or college1,796
- WalmartRefrigerated warehousing and storage1,143
- Veterans Health AdministrationFederal government · Department of Veterans Affairs900
- Cafe ValleyCommercial bakeries773
- General Motors Marion StampingMotor vehicle metal stampings manufacturing757
- Marion General HospitalGeneral hospital699FTE
- MarionGeneral warehousing and storage690
- Marion Community SchoolsSchool district570FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 55 workplaces with 20 or more staff, 13,267 people in all across the county; Fairmount has none of its own. Colleges come from IPEDS (NCES, 2023–24), federal offices from OPM's federal workforce data (2026), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); 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
- TornadoesRelatively high
- HailRelatively moderate
- Strong windRelatively moderate
- Winter weatherRelatively moderate
- Heat wavesRelatively moderate
- Cold wavesRelatively 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 low. 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 Grant County and the Marion, IN 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$171,463
- Indiana$257,165
- 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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Fairmount10
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.