Is Fairmount Township, IN growing?
Fairmount Township, IN had an estimated 3,961 (±24) residents in 2020–2024, against 4,033 in 2015–2019.
That is a change of −1.8%, a measurable decrease.
Its housing went from 1,800 to 1,704 homes (−5.3%), not a measurable change.
0.6% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 3,961 (±24)
- Amount of change
- −1.8%
- Homes change
- −5.3%
- Built 2020 or later
- 0.6%
Residents and homes in Fairmount Township, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,033 (±34) | 3,961 (±24) | −1.8% | Measurable decrease |
| Housing units | 1,800 (±140) | 1,704 (±171) | −5.3% | Not a measurable change |
| Households that rent | 23.1% (±5.8 points) | 19.4% (±7.6 points) | −3.7 percentage points | Not a measurable change |
| Median gross rent | $561 (±$132) | $1,027 (±$233) | +83.1% | Up after inflation |
| Median home value | $88,900 (±$6,996) | $117,400 (±$19,814) | +32.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Fairmount Township against Grant County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Fairmount Township | −1.8% | Measurable decrease | −5.3% |
| Grant County | −0.2% | Measurable decrease | −1.9% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Fairmount Township
| Year built | Fairmount Township | Grant County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.6% (±1.0 points) | 0.3% | 1.7% | 2.0% |
| 2010 to 2019 | 5.3% (±4.4 points) | 3.0% | 8.0% | 9.4% |
| 2000 to 2009 | 5.9% (±3.2 points) | 6.8% | 12.3% | 13.6% |
5.9% of the homes in Fairmount Township were built in 2010 or later.
The median age of residents is 39.8 years.
Growth in places near Fairmount Township
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Fairmount Township | — | 3,961 | −1.8% | Measurable decrease |
| Fairmount | 1.8 mi | 2,662 | −4.0% | Not a measurable change |
| Fowlerton | 2.3 mi | 185 | −29.4% | Not a measurable change |
| Jonesboro | 4.2 mi | 1,578 | +23.8% | Not a measurable change |
| Mill Township | 4.4 mi | 10,386 | +1.0% | Measurable increase |
| Gas City | 4.9 mi | 6,076 | +4.7% | Measurable increase |
| Van Buren Township (Madison County) | 5.3 mi | 1,714 | −9.9% | Not a measurable change |
| Jefferson Township (Grant County) | 6.0 mi | 5,670 | +0.2% | Not a measurable change |
| Summitville | 6.0 mi | 1,104 | +16.6% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Fairmount Township
Is Fairmount Township growing?
Fairmount Township, IN had an estimated 3,961 residents in 2020–2024 and 4,033 in 2015–2019, a change of −1.8%: a measurable decrease by the Census Bureau’s test.
How many homes have been added in Fairmount Township?
The estimated number of housing units went from 1,800 in 2015–2019 to 1,704 in 2020–2024 (−5.3%), not a measurable change.
How much new construction is there in Fairmount Township?
0.6% of homes in Fairmount Township were built in 2020 or later and 5.3% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Fairmount township, Grant County, Indiana (county subdivision:22441, in state:18 county:053).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Fairmount Township
- Home values in Fairmount Township
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- Bedrooms in Fairmount Township
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- How long people stay in Fairmount Township
- Indiana landlord and tenant rules
- Housing across Grant County
- Housing data for every place in Indiana