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Fairmount, GA Real Estate


According to census data in the year 2000 there were 350 housing units in Fairmount. This represents a 17.4% growth from 298 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 350 were located in what is classified as a rural area.

Homeownership rate in Fairmount is about 82.3%. Fairmount's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Fairmount were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.70%
Two Bedrooms35.40%
Three Bedrooms57.40%
Four Bedrooms4.90%
Five Bedrooms or more0.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1967
Median Value of occupied units$66,700
Median Price asked for vacant units$39,400

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1961
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan5.60%
Simple Mortgage47.20%
Debt Free45.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%