What is the median household income in Fairmount Township, PA?
The median household income in Fairmount Township, PA is $80,417 (±$24,895) a year (2020–2024 American Community Survey).
Paying the median gross rent of $814 a month would take about $32,600 a year at the common guideline of spending no more than 30% of income on rent.
In Fairmount Township, the median household income went from $65,179 in 2015–2019 to $80,417 in 2020–2024 (+23.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $80,417 (±$24,895)
- Median renter income
- $53,750 (±$34,398)
- Income to afford median rent
- about $32,600
Income in Fairmount Township against Luzerne County, its state and the nation
| Fairmount Township | Luzerne County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $80,417 (±$24,895) | $63,691 (±$1,684) | $77,971 (±$342) | $80,734 |
| Median renter household income | $53,750 (±$34,398) | $38,462 (±$1,619) | $47,506 (±$425) | $52,966 |
| Median owner household income | $82,679 (±$25,892) | $80,532 (±$1,919) | $95,990 (±$362) | $100,009 |
| Median gross rent | $814 (±$287) | $1,004 (±$25) | $1,209 (±$5) | $1,413 |
In Fairmount Township, median household income is not measurably different from Luzerne County ($63,691).
It is not measurably different from Pennsylvania ($77,971).
It is not measurably different from the national figure ($80,734).
In Luzerne County, Fairmount Township ranks 29 of 76 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 871 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Fairmount Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $814 a month ($9,768 a year) needs an income of about $32,600 a year.
The median renting household in Fairmount Township earns $53,750 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $65,179 (±$8,760) | $80,417 (±$24,895) | +23.4% | No measurable change after inflation |
| Median gross rent | $1,063 (±$140) | $814 (±$287) | −23.4% | Down after inflation |
| Median home value | $193,100 (±$24,622) | $257,700 (±$22,765) | +33.5% | 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.
Median household income in places near Fairmount Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Fairmount Township | — | $80,417 (±$24,895) | — |
| Ross Township (Luzerne County) | 4.1 mi | $87,697 (±$9,400) | Not measurably different |
| Sugarloaf Township (Columbia County) | 5.3 mi | $67,857 (±$15,454) | Not measurably different |
| Huntington Township (Luzerne County) | 7.7 mi | $62,212 (±$10,676) | Not measurably different |
| New Columbus | 8.3 mi | $38,403 (±$10,097) | Lower |
| Benton Township (Columbia County) | 8.4 mi | $73,664 (±$5,890) | Not measurably different |
| Union Township (Luzerne County) | 8.6 mi | $92,991 (±$12,779) | Not measurably different |
| Benton | 9.2 mi | $34,500 (±$17,607) | Lower |
| Hunlock Township | 9.4 mi | $69,769 (±$15,007) | Not measurably different |
Nearby places with a measurably lower figure: New Columbus, PA ($38,403), Benton, PA ($34,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Luzerne County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 23 | Dupont | $86,500 (±$14,403) |
| 24 | Franklin Township (Luzerne County) | $85,824 (±$4,296) |
| 25 | Nescopeck Township | $85,789 (±$18,725) |
| 26 | Hughestown | $84,091 (±$18,764) |
| 27 | Courtdale | $82,750 (±$17,759) |
| 28 | Exeter Township (Luzerne County) | $82,621 (±$24,102) |
| 29 | Fairmount Township | $80,417 (±$24,895) |
| 30 | Plymouth Township (Luzerne County) | $80,288 (±$6,353) |
| 31 | Lehman Township (Luzerne County) | $79,549 (±$15,370) |
| 32 | Salem Township (Luzerne County) | $78,560 (±$9,062) |
| 33 | Kingston Township | $76,574 (±$22,952) |
| 34 | Harveys Lake | $75,510 (±$23,984) |
| 35 | Forty Fort | $74,432 (±$9,050) |
Showing 13 of 76 places in Luzerne County, ranked from highest to lowest.
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
What is the median household income in Fairmount Township?
The median household income in Fairmount Township is $80,417 (±$24,895) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Fairmount Township?
About $32,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $814 a month.
Have incomes in Fairmount Township kept up with inflation?
In Fairmount Township, the median household income went from $65,179 in 2015–2019 to $80,417 in 2020–2024 (+23.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Fairmount Township?
The median renting household in Fairmount Township, PA earns $53,750 (±$34,398) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fairmount township, Luzerne County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fairmount township, Luzerne County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairmount township, Luzerne County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fairmount township, Luzerne County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairmount township, Luzerne County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fairmount township, Luzerne County, Pennsylvania
- 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) and detailed tables (acs/acs5) for Fairmount township, Luzerne County, Pennsylvania (county subdivision:24752, in state:42 county:079).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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
- Housing in Fairmount Township at a glance
- Home values in Fairmount Township
- Homeowner costs in Fairmount Township
- Property taxes in Fairmount Township
- Types of homes in Fairmount Township
- Bedrooms in Fairmount Township
- Age of homes in Fairmount Township
- Heating fuel in Fairmount Township
- Commute and cars in Fairmount Township
- Population growth in Fairmount Township
- Pennsylvania landlord and tenant rules
- Housing across Luzerne County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania