Groundwork

Small-town market profile · Minnesota

Fairmont, MN area market data

How the Fairmont area compares with other small-town markets for 56 business types: competitors, household spending, official counts and growth.

Population, 2025
19,440
−2.8% since 2020
Households
8,839
Median household income
$59,507
+12.7% vs. 2015–2019, before inflation
Median home value
$163,500
Jobs located here
8,052
Highest market score
65
Restaurants and cafes, #119 of 538 scored small-town markets

A site report maps the competitors on map listings around any address in the Fairmont area by name and distance, and the households and spending within reach. Or open the report at the center of the Fairmont area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Fairmont area has an estimated 19,440 people and 8,839 households. Population estimates put the population change in the Fairmont area from 2020 to 2025 at −2.8%, against +3.1% for the U.S. Median household income in the Fairmont area is $59,507, 26% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 12.7%, before inflation.

Relative to the U.S., household spending in the Fairmont area runs highest on vehicle maintenance and repairs (an index of 110, where 100 is the U.S. average) and lowest on child care and other personal services (58).

Of the business types scored in the Fairmont area, restaurants and cafes (65), fast food and sandwich shops (62) and grocery and convenience stores (57) have the highest Groundwork market scores. For restaurants and cafes, that ranks #119 of 538 scored small-town markets.

The Fairmont area is made up of one county, Martin County. Against the U.S., map listings per household run highest for chiropractors (3.4 times the U.S. rate) and lowest for real estate businesses (47% below the U.S. rate).

All 56 business types in the Fairmont area

Highest Groundwork market score first. Each score compares the Fairmont area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Fairmont, MN area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Restaurants and cafes65#119 of 5387079.2$439K11828
Fast food and sandwich shops62#162 of 5371011.3$3.1M10111
Grocery and convenience stores57#214 of 5381820.4$2.8M823
Convenience stores56#219 of 52966.8$8.3M106Under 3
Bakeries and dessert shops55#198 of 50755.7$6.2M148Under 3
Salons, barbers and spas54#218 of 5382831.7$283K133Under 3
Pizza53#226 of 52089.1$3.8M7611
Sit-down restaurants53#231 of 5383843.0$809K12215
Gyms, studios and classes52#243 of 53577.9$934K1414
Pet businesses52#247 of 52789.1$824K944
Grocery stores48#284 of 50666.8$8.3M903
Doctors, dentists and clinics48#285 of 5385562.2$208K13626
Clothing, shoes and laundry48#288 of 5361820.4$880K1004
Gas stations48#294 of 5361112.4$2.2M9111
Coffee shops and cafes47#294 of 52977.9$4.4M119Under 3
Clothing and shoe stores44#323 of 5361517.0$1.1M834
Real estate44#330 of 5361820.4Index only1474
Dentists and orthodontists43#328 of 5261011.3$1.1M1166
Home repair trades43#344 of 5261011.3$2.2M9011
Gyms42#340 of 50655.7$1.3M1004
Hair salons38#402 of 5382022.6$396K92Under 3
Optometrists and eye care35#316 of 40055.7$2.3M73Under 3
Car washes and detailing35#340 of 44155.7$1.9M74Under 3
Real estate agents and brokers35#454 of 5331618.1Index only1314
Auto repair and car care32#439 of 5384348.6$216K8017
Auto repair shops30#459 of 5382528.3$372K8415
Landscaping and lawn care22#386 of 399910.2$1.1M386
Lawn, cleaning and pest control20#470 of 4811213.6$830K4910
Chiropractors15#425 of 4261618.1$715K309
Insurance agencies6#537 of 5372326.0$636K5119
Child care and preschoolsNot scoredNot scored44.5$743K74Under 3
ElectriciansNot scoredNot scored44.5$5.5M454
HVAC and plumbingNot scoredNot scored44.5$5.5M1157
Collision repair and body shopsNot scoredNot scored33.4$3.1M1014
Funeral homesNot scoredNot scored33.4$572K843
House cleaningNot scoredNot scored33.4$3.3M524
Nail salonsNot scoredNot scored33.4$2.6M158Under 3
Pet grooming and boardingNot scoredNot scored33.4$2.2M86Under 3
Tire shopsNot scoredNot scored33.4$3.1M124Under 3
VeterinariansNot scoredNot scored33.4$2.2M814
BarbershopsNot scoredNot scored22.3$4MToo fewUnder 3
LaundromatsNot scoredNot scored22.3$7.9MToo fewUnder 3
Martial arts and dance studiosNot scoredNot scored22.3$3.3MToo fewUnder 3
Physical therapyNot scoredNot scored22.3$5.7MToo few6
Roofing and guttersNot scoredNot scored22.3$10.9MToo fewUnder 3
Spas and skin careNot scoredNot scored22.3$4MToo fewUnder 3
Home inspectorsNot scoredNot scored11.1Index onlyToo fewUnder 3
Property managementNot scoredNot scored11.1Index onlyToo fewUnder 3
Dry cleanersNot scoredNot scored00.0None listedNone listedUnder 3
Mortgage brokers and lendersNot scoredNot scored00.0None listedNone listedUnder 3
Oil change and quick lubeNot scoredNot scored00.0None listedNone listedUnder 3
Pest controlNot scoredNot scored00.0None listedNone listedUnder 3
Pet storesNot scoredNot scored00.0None listedNone listedUnder 3
Primary care and pediatricsNot scoredNot scored00.0None listedNone listed5
Urgent care and walk-in clinicsNot scoredNot scored00.0None listedNone listedUnder 3
Yoga, Pilates and fitness studiosNot scoredNot scored00.0None listedNone listed4

Household spending in the Fairmont area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Fairmont, MN area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$9.3M$1,052110
Gasoline and other fuels$24M$2,712105
Food away from home$30.8M$3,48085
Groceries$50M$5,65990
Personal care products and services$7.9M$89689
Child care and other personal services$3M$33658
Memberships, classes and admissions$6.5M$73975
Medical and dental services$11.4M$1,294100
Pets$6.6M$74682
Clothing, shoes and related services$15.8M$1,79187
Vehicle insurance$14.6M$1,65485
Home repairs, maintenance and insurance$21.8M$2,46882
Lawn care, cleaning and other household services$10M$1,12680
Rent and homeowner costs$114.7M$12,97478

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in the Fairmont area

Population, 2025 estimate
19,440−2.8% since 2020
Households
8,839
Median age
44.1
Homes lived in by their owners
69%
Vehicles per household
1.9
Land area
712 sq. mi.
People per square mile
28
Median household income
$59,507+12.7% vs. 2015–2019, before inflation
Average household income
$82,458
Median home value
$163,500
Jobs located here
8,052
Daytime population
18,159Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Fairmont area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

Or open the report at the center of the Fairmont area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Questions

How fast is the Fairmont, MN area growing?

Population estimates put the Fairmont area at 19,440 people in 2025, down 2.8% since 2020, against +3.1% for the U.S. It has 8,839 households. Median household income rose 12.7% from the 2015–2019 survey, before inflation.

How much do households in the Fairmont, MN area spend?

Households in the Fairmont area spend about $114.7M a year on rent and homeowner costs, $50M on groceries and $30.8M on food away from home. Set against the U.S., households in the Fairmont area spend the most on vehicle maintenance and repairs (an index of 110, where 100 is the U.S. average) and the least on child care and other personal services (58).

Which business types have the highest market scores in the Fairmont, MN area?

The highest Groundwork market scores in the Fairmont area are for restaurants and cafes (65), fast food and sandwich shops (62) and grocery and convenience stores (57). The Fairmont area ranks #119 of 538 scored small-town markets for restaurants and cafes.

How does the Fairmont, MN area compare with the U.S.?

The median household income in the Fairmont area is $59,507 a year, 26% below the U.S. median of $80,734. The population fell 2.8% from 2020 to 2025, against +3.1% for the U.S. The median home value is $163,500, against $332,700 for the U.S. For its number of households, the Fairmont area has the most map listings, relative to the U.S., for chiropractors (3.4 times the U.S. rate) and the fewest for real estate businesses (47% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. 30 of the 56 business types have a score in the Fairmont area, each ranked against other small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Fairmont area. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

All markets in Minnesota · Every U.S. market · How we measure

Screening a site or an acquisition in the Fairmont area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Fairmont area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.