Selected Economic Indicators
As of December, 2009

• Labor Force Three county area                   27,004
• Unemployment Three county area              6.6%
• Population City of Fairmont                         10,954 (2002 estimate)
• Median age                                                   41
• Median Income                                              33,790
• Median Home Value                                     100,000
• Average Home Price                                    111,689
• Average Home Construction Cost:             $195,000 plus lot cost
• Building Permits
• New Residential                                              995,134
• New Commercial                                          2,258,482
• Residential Remodeling                                 1,447,018
• Commercial Remodeling                                19,607,097
• Total                                                                24,307,731
• Overall Building Permits: $162 million last seven years

 

• Trade area Population                                             30,672
• Trade area personal income                                   714,721,000