Is Fairmount, TN growing?

Fairmount, TN had an estimated 2,110 (±360) residents in 2020–2024, against 2,245 in 2015–2019.

That is a change of −6.0%, not a measurable change.

Its housing went from 927 to 787 homes (−15.1%), not a measurable change.

7.2% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
2,110 (±360)
Amount of change
−6.0%
Homes change
−15.1%
Built 2020 or later
7.2%

Residents and homes in Fairmount, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,245 (±615)2,110 (±360)−6.0%Not a measurable change
Housing units927 (±160)787 (±147)−15.1%Not a measurable change
Households that rent15.8% (±10.4 points)11.1% (±6.6 points)−4.7 percentage pointsNot a measurable change
Median gross rent$1,063 (±$146)$1,675 (±$882)+57.6%No measurable change after inflation
Median home value$380,200 (±$62,787)$464,500 (±$88,620)+22.2%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 against Hamilton County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Fairmount−6.0%Not a measurable change−15.1%
Hamilton County+4.2%Measurable increase+3.9%
Tennessee+5.3%Measurable increase+6.1%
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

Housing units by year built, 2020–2024
Year builtFairmountHamilton CountyTennesseeUnited States
2020 or later7.2% (±5.2 points)2.5%3.0%2.0%
2010 to 201913.9% (±8.7 points)12.2%12.0%9.4%
2000 to 20096.2% (±4.4 points)14.2%15.8%13.6%

21.1% of the homes in Fairmount were built in 2010 or later.

The median age of residents is 43.3 years.

Growth in places near Fairmount

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Fairmount—2,110−6.0%Not a measurable change
Walden2.0 mi1,845−5.3%Not a measurable change
Lone Oak2.4 mi1,422+26.3%Not a measurable change
Signal Mountain3.0 mi8,860+3.8%Measurable increase
Falling Water4.1 mi2,315+80.9%Measurable increase
Red Bank5.5 mi12,010+2.3%Measurable increase
Middle Valley7.5 mi12,187+1.0%Not a measurable change
Mowbray Mountain8.6 mi1,721−12.2%Not a measurable change
Powells Crossroads8.7 mi1,498+1.0%Not a measurable change

Fairmount is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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

Is Fairmount growing?

Fairmount, TN had an estimated 2,110 residents in 2020–2024 and 2,245 in 2015–2019, a change of −6.0%: not a measurable change by the Census Bureau’s test.

How many homes have been added in Fairmount?

The estimated number of housing units went from 927 in 2015–2019 to 787 in 2020–2024 (−15.1%), not a measurable change.

How much new construction is there in Fairmount?

7.2% of homes in Fairmount were built in 2020 or later and 13.9% between 2010 and 2019.

Sources

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 CDP, Tennessee (place:25080, in state:47).

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.

Request a Census API 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 .

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