Fairmount, NY Real Estate

According to census data in the year 2000 there were 4,527 housing units in Fairmount. This represents a 5.4% decline from 4,784 in 1990.

Of those housing units, 4,527 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fairmount is about 79.4%. Fairmount's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Fairmount were built after 1959.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom5.10%
Two Bedrooms20.10%
Three Bedrooms50%
Four Bedrooms21.60%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1958
Median Value of occupied units$83,100
Median Price asked for vacant units$83,000

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1968
Median Monthly Rent asked for vacant units$521

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage2.70%
Home Equity Loan6.20%
Simple Mortgage49.90%
Debt Free40.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%