Income & Economy in Fairmont, OK

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$71,250

-3% vs national

Per Capita Income

$29,835

-20% vs national

Poverty Rate

11.3%

-17% vs national

Gini Index

0.3162

0 = perfect equality

Unemployment

4.0%

-22% vs national

SNAP Recipients

5.6%

of households

How Fairmont Compares

Source: Census ACS (2023)

Fairmont vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Fairmont is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Fairmont. The median household income here is $71,250.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
18.5%
$25-50K
13.0%
$50-75K
24.1%
$75-100K
20.4%
$100-150K
24.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.0%

-19% vs OK avg

Labor Force

99

Employed

95

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

3.5%

of adults 25+

High School Diploma+

24.8%

of adults 25+

Median Age

44.5

Work from Home

4.2%

of workers

The median household income in Fairmont, OK is $71,250, which is 2.7% below the national average of $73,224. Per capita income is $29,835. The poverty rate of 11.3% is lower than the OK state average of 18.5%. The Gini index of income inequality is 0.3162, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.0%, compared to the state average of 5.0%. 3.5% of adults hold a bachelor's degree or higher.