Fairmont is a city in West Virginia state in USA with a population of 18443 residents.. The poverty rate of Fairmont is 22.4%, which is 60% higher than national average. The typical household in Fairmont earns $45540 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 53.6% 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 Fairmont, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fairmont remained 6.7%, which is 43% 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 Fairmont, only 28% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Fairmont is 88, which is 12% lower than national average. Median home value in Fairmont is $117000 , which is 49% lower than national average. While median income in Fairmont remained $45540, which is 33% lower than national average.