The economic landscape of this zip code has undergone significant changes over the past decade. There was a substantial increase in median income from $50,219 in 2013 to a peak of $160,612 in 2017. Since then, it has stabilized around $90,000-$95,000. The population has fluctuated over the years, reaching a peak of 5,706 in 2012 and declining to 4,318 in 2022.

The increase in median income, particularly the spike in 2017, suggests a period of significant economic change in the community. This could be due to factors such as an influx of higher-income residents, major local economic developments, or changes in the job market. The subsequent stabilization of income at a higher level than a decade ago, coupled with a decrease in population, might indicate a shift in the community's socioeconomic makeup.

The trend of increasing diversity aligns with broader national trends of growing diversity in many communities across the United States. The significant increase in median income, especially the dramatic spike in 2017, is unusual and may be worth further investigation. The maintenance of a Black majority in this community is notable, as many historically Black communities across the country have experienced demographic shifts due to gentrification or other economic pressures.

Fairmount has maintained its status as a Black Majority community over the past decade, while experiencing subtle demographic shifts towards increased diversity and significant economic changes. These trends suggest a community in transition, balancing the preservation of its demographic character with evolving economic realities. The stability of the racial makeup in the face of substantial income changes is noteworthy and may indicate strong community cohesion or specific local policies aimed at maintaining diversity alongside economic growth.