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Fairmont, New Albany,IN

Neighborhood Data
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Fairmont, a charming neighborhood nestled in the southeast part of New Albany, Indiana, offers a warm and welcoming community vibe perfect for families, professionals, and retirees alike. Known for its well-maintained homes and friendly neighbors, Fairmont provides a peaceful suburban feel while still being close to the conveniences of city life. Residents enjoy a variety of green spaces and local parks, making it easy to spend weekends outdoors, whether it's a casual stroll or a family picnic. The neighborhood is also home to some highly rated schools, adding to its appeal for those with children.

One of the standout attractions in Fairmont is the nearby Riverfront Park, which provides beautiful walking trails along the Ohio River and scenic spots to relax or gather with friends. Additionally, the neighborhood boasts several local dining options that offer everything from cozy cafes to family-friendly restaurants, perfect for those wanting to explore the local flavor without venturing far. Fairmont’s community center hosts regular events and activities, fostering a strong sense of connection among residents. For those who enjoy shopping and entertainment, several retail centers and cinemas are easily accessible within minutes.

For anyone relocating, one of the biggest perks of living in Fairmont is its proximity to Downtown New Albany, which is just a short drive northwest. This means you can enjoy the vibrant arts scene, historic architecture, and a variety of shops and eateries downtown without the hassle of long commutes. Whether you work downtown or simply like to enjoy city amenities, Fairmont strikes a perfect balance between suburban tranquility and urban accessibility. Overall, Fairmont offers a wonderful blend of community spirit, convenience, and natural beauty, making it an excellent choice for your next home.

Community Snapshot

Population 1,015
Density (People/sqml.) 4,340
Median Age 35.6
Married Couples
37%
37% of the population of Fairmont aged 16 years and older are married.
Have Kids
20%
20% of the population aged 16 years or older have children.

20% of the Fairmont population aged 16 and up are married, which is in line with national averages. This balance suggests a neighborhood with a healthy mix of families, couples, and single residents, creating a well-rounded community dynamic. You are likely to find a blend of stability and social variety, appealing to both long-term homeowners and younger professionals alike.

With only 20% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Fairmont neighborhood age breakdown chart

Fairmont demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 1,015 residents, Fairmont is notably smaller than many other New Albany neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Fairmont has a population density of 4,340, which strikes a balanced feel when compared to other New Albany neighborhoods. The area offers just the right mix of activity and breathing room, creating a community that’s lively yet comfortable, with easy access to amenities and everyday conveniences.

With an average age of 36, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

Crime in Fairmont

Crime Safety Index Score Locked 1 2 3 4 5

 

Total Crime Incidents
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Types of Crime

Fairmont neighborhood age breakdown chart

Fairmont Crime Map

The Fairmont crime map uses detailed block group boundaries from address-based crime data to visualize crime patterns across the neighborhood, highlighting both low-crime zones and areas with higher levels of reported crime. This crime heat map helps paint a clearer picture of local safety trends, showing how crime can vary from one part of the community to another. Keep in mind that areas with higher activity on the map don’t always equate to dangerous conditions — locations near entertainment districts, major roads, or tourist destinations often see more reports simply due to the larger number of people passing through.

Housing

? /10
Home Price $114,367
Median Rent $775
People/Household 2.6

Home Price Breakdown

Fairmont neighborhood home price breakdown chart

Rent vs Own

Rent 53% Own 47%

Year Moved In

Before 2010 54% After 2010 46%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing trends offer valuable insight into the accessibility and character of a neighborhood. In Fairmont, the median home price is $114,367, which is less than many surrounding areas. This affordability makes it an attractive option for first-time buyers, young families, or anyone looking to enter the housing market without a significant financial barrier. Looking at appreciation rates and past market trends in Fairmont can offer valuable insight into the neighborhood’s investment potential. Understanding how home values have changed over time helps buyers gauge future growth, assess long-term stability, and make more informed real estate decisions.

The median rent is around $775, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

Coffee Shops

Kolkin Coffee
Coffee Shop
min.
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Starbucks
Coffee Shop
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Entertainment

Buerk Field
Stadium
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Water Park
Water Park
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Food & Drink

Lee's Liquor Store
Alcohol
min.
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Domino's
Fast Food
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Groceries

Walmart Supercenter
Grocery Store
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Aldi
Grocery Store
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Parks

Playground
Playground
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Park
Park
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Shops

Empire Comics & Specialties
Books
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Hallmark
Gift Shop
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Getting Around

Transit Stops

Grant Line / Daisy
Bus Stop
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Spring / Vincennes
Bus Stop
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Transit Stations

 
 
 
 
 
 
 
 
 
 
 
 

Health & Safety

Medical Facilities

Walgreens
Pharmacy
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Rite Aid
Pharmacy
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Health Care

Oral & Facial Surgery Group
Doctor
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Mortenson Family Dental
Dentist
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Safety

New Albany FIre Department
Fire Station
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Top Neighborhood Schools

Name Category Grades Rating
Fairmont Elementary School
1725 Abbie Dell Ave, New Albany, IN
Elementary School KG - 4 School Score
Our Lady Of Perpetual Help School
1752 Scheller Ln Ste 1, New Albany, IN
Elementary School PK - 8 School Score
S Ellen Jones Elementary School
600 E 11Th St, New Albany, IN
Elementary School KG - 4 School Score
Clarksville Senior High School
800 Dr Dot Lewis Dr, Clarksville, IN
High School 9 - 12 School Score
Hazelwood Middle School
1021 Hazelwood Ave, New Albany, IN
Elementary School 5 - 8 School Score
Excel Center - Clarksville
1329 Applegate Lane, Clarksville, IN
High School 11 - 11 School Score
Slate Run Elementary School
1452 Slate Run Rd, New Albany, IN
Elementary School KG - 4 School Score

Education Level Achieved

Education is a key factor in understanding the character and opportunities within a community like Fairmont. School ratings here reflect important indicators such as academic performance, graduation outcomes, and standardized testing, while NAEP (National Assessment of Educational Progress) scores offer a valuable national comparison to gauge how local schools measure up. Looking at the overall education level of residents in Fairmont can also provide meaningful insight into the neighborhood’s focus on learning and long-term growth, helping families choose a community that aligns with their educational goals.

Economy

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Income Per Capita $19,120
Household Income $37,479
Unemployment 2.1%

Income Breakdown

Fairmont Income breakdown chart

Employment by Industry

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Local economic factors play a key role in shaping the character and accessibility of a neighborhood, influencing everything from lifestyle to opportunity. Household incomes in Fairmont average around $37,479, which is lower than average. This affordability contributes to a more accessible lifestyle, making it an appealing choice for first-time homeowners, young families, and those looking to enjoy the benefits of the area without a high price tag.

The strength of a neighborhood’s local economy is often reflected in its employment landscape, shaping daily life and long-term stability for residents. In Fairmont, the unemployment rate is just 2%, indicating a strong and resilient community with steady economic growth, active local businesses, and a high quality of life.

Frequently Asked Questions

What is the overall lifestyle like?

Fairmont in New Albany, IN, offers a suburban lifestyle that balances quiet residential living with easy access to urban amenities. Residents enjoy peaceful tree-lined streets, well-maintained parks such as Fairmont Park, and a family-friendly atmosphere. The neighborhood is ideal for those who appreciate a slower pace yet want to be close to shopping, dining, and recreational opportunities.

Are there any community events or local gatherings throughout the year?

Yes, Fairmont hosts several community events that bring residents together. Notably, the Fairmont Neighborhood Association organizes seasonal block parties and holiday celebrations at Fairmont Park. Additionally, residents often participate in New Albany’s broader events like the annual Harvest Homecoming Festival, which features live music, food vendors, and local crafts.

Are there major highways or transit lines nearby?

Fairmont is conveniently located near major highways, including Interstate 64 which provides easy east-west access to Louisville, KY, and other parts of Indiana. Additionally, State Route 111 is close by, facilitating local travel. Public transit options are limited, but the Transit Authority of River City (TARC) offers bus services connecting New Albany with Louisville, enhancing connectivity for commuters and residents without cars.

Compare Nearby Neighborhoods

Location Overall Amenities Health Transit Schools Housing Economy Crime
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