There are 5 independent living communities serving Fairmont, Minnesota. This includes 2 communities in Fairmont and 3 nearby. Independent living costs in Minnesota range from about $16 up to $132 daily, with an average expenditure running about $62. The per month cost averages about $1,871 and ranges between $476 and $3,960. On a yearly basis, the average cost is about $22,456, which is below the nationwide average of $23,100.
Located in Martin County, Fairmont is a small city in Minnesota. Though the encompassing area includes 1,077,918 residents, there are 12,401 within the city itself. People over 55 represent 36% of the total population.
Fairmont has an above average SeniorScore™ of 71. The city has an average per capita income of $26,000 and an average household income is $43,000 (the Minnesota state average is $53,000). The current unemployment rate is approximately 3.81% and the median home price is $172,500, which is less than the state average of $211,500.
Fairmont has harsh mean temperatures, with severely cold winters and mildly warm summers. The area receives low amounts of rainfall annually. In comparison to other cities, Fairmont has a lower than average crime rate and low air quality ratings.