Fairhope is a city in Alabama state in USA with a population of 22035 residents.. The poverty rate of Fairhope is 6.3%, which is 55% lower than national average. The typical household in Fairhope earns $80106 a year, compared to the national median of $67,500. Nearly 35.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Fairhope, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fairhope remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fairhope, only 53% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Fairhope is 105, which is 5% higher than national average. Median home value in Fairhope is $321900 , which is 40% higher than national average. While median income in Fairhope remained $80106, which is 19% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.