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Demographics
Population
Median Income
Racial Distributions
The zip code 73736 in Fairmont, Oklahoma, is classified as having "Low Diversity" as of 2022. The area is predominantly white, with 90% of the population identifying as such. This classification has remained consistent over the past decade, indicating a stable racial composition. The median income in 2022 was $94,796, showing an increase from previous years.
Throughout the 2013-2022 period, Fairmont has consistently maintained a "Low Diversity" classification. The white population has remained the dominant racial group, consistently comprising over 75% of the total population. There have been no significant transitions between diversity categories over this period.
Minor demographic shifts have been observed. The Hispanic population has fluctuated between 2% and 5% over the years, showing a slight increase from 2% in 2019 to 4% in 2022. The percentage of individuals identifying as two or more races has increased from 1% in 2013 to 4% in 2022. The Black population has remained consistently low, at around 1% throughout the decade.
The median income in Fairmont has shown fluctuations and overall growth over the past decade. From 2013 to 2017, the median income remained relatively stable, ranging from about $61,000 to $76,000. A notable increase occurred between 2019 and 2021, with the median income rising from $68,773 to $107,986. In 2022, there was a slight decrease to $94,796, but this still represents a substantial increase from the early 2010s.
Population figures have fluctuated over the years, ranging from a low of 453 in 2018 to a high of 584 in 2019. The 2022 population of 472 is slightly below the average for the decade, suggesting no clear trend of population growth or decline.
The persistent "Low Diversity" classification in Fairmont contrasts with the national trend towards increasing diversity in many areas of the United States. The significant increase in median income, particularly from 2019 to 2021, outpaces national averages for income growth during this period. The stability of the racial composition suggests that Fairmont has not experienced the level of demographic change seen in many other small towns across the country.
In conclusion, while Fairmont has experienced notable economic growth over the past decade, its demographic composition has remained relatively stable. The community maintains its classification as a "Low Diversity" area, with only minor shifts towards slightly increased diversity. This stability in racial composition, combined with significant income growth, indicates a community that has experienced economic prosperity without dramatic changes to its demographic makeup.