Selected Economic Indicators
As of June, 2004

• Labor Force Three county area                   25,639
• Unemployment Three county area              4.9%
• Population City of Fairmont                         10,954 (2002 estimate)
• Median age                                                   41
• Median Income                                              33,790
• Median Home Value                                     78,000
• Average Home Price                                    71,500
• Average Home Construction Cost:             $195,000 plus lot cost
• Building Permits
• New Residential                                              2,538,503
• New Commercial                                          5,878,211
• Residential Remodeling                                 1,310,206
• Commercial Remodeling                                4,419,369
• Total                                                                14,450,387
• Overall Building Permits: $104 million last six years

 

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