Living in Fairmount, NY, provides an appealing suburban lifestyle defined by affordable housing and a family-friendly environment. With median home prices around $230,000 and a low crime rate, it attracts families and first-time buyers. The community boasts excellent public schools and a strong emphasis on youth development. Residents enjoy numerous parks and recreational opportunities, enhancing their quality of life. While challenges such as higher utility costs and grocery prices exist, the vibrant local job market and proximity to Syracuse add to its appeal. Investigate further to uncover more about what makes Fairmount a notable place to call home.
Pros of Living in Fairmount, NY
PROS OF LIVING IN FAIRMOUNT, NY
1. AFFORDABLE HOUSING
The housing market in Fairmount is remarkably affordable compared to neighboring regions. The median home price typically hovers around $200,000, making it an appealing option for families and first-time homebuyers. This affordability allows residents to invest in larger homes with yards or to live closer to their workplaces without the strain of exorbitant mortgage payments.
Renting is also relatively economical, with monthly rents averaging about $1,000, providing plenty of options for different budgets.
2. LOW CRIME RATE
Fairmount boasts a crime rate that's considerably lower than the national average, with a reported violent crime rate of approximately 1.8 incidents per 1,000 residents. This commitment to safety not only improves residents' peace of mind but also contributes to the general community vibe that Fairmount is a family-oriented place.
The community's investment in public safety and neighborhood watch programs further solidifies the area's reputation as a secure environment for raising children.
3. EXCELLENT EDUCATIONAL FACILITIES
Families residing in Fairmount benefit from access to highly regarded public schools and educational programs. The local school district enjoys an average graduation rate of about 90%, which is much higher than many nearby areas.
Schools in the region often receive accolades for their academic achievements and extracurricular programs, emphasizing the community's dedication to nurturing the growth and development of its youngsters. The multitude of educational opportunities also often results in a lively youth community that partakes in local events and activities.
4. AMPLE RECREATIONAL OPTIONS
Recreation is a cornerstone of the Fairmount community, with an abundance of parks, hiking trails, and sports facilities. Fairmount Park, in particular, is a favorite among locals, providing extensive green spaces for picnics, walking, and recreational sports.
The area also encourages outdoor activities throughout the year, including summer camps, winter sports events, and community gatherings that draw residents together. Access to the nearby Finger Lakes region allows easy day trips for hiking, boating, and vineyards — making weekend getaways feasible and enjoyable.
5. DIVERSE JOB MARKET
While Fairmount maintains a small-town atmosphere, it also offers a strong job market for its residents. The employment rate in the area is estimated at around 95%, driven by sectors such as healthcare, education, and retail.
Major employers include nearby hospitals, educational institutions, and a growing tech sector, thereby allowing residents to find fulfilling careers without the need for long commutes. The growth of local businesses and community initiatives further supports economic development, ensuring that Fairmount remains a thriving hub for employment.
Cons of Living in Fairmount, NY
CONS OF LIVING IN FAIRMOUNT, NY
1. HIGH COST OF HOUSING
The cost of housing in Fairmount presents a considerable challenge for prospective residents. The average home price in Fairmount hovers around $250,000, which is strikingly higher when compared to the national average of approximately $230,000.
Renters also face similar difficulties, as the average monthly rent for a two-bedroom apartment is about $1,600, which exceeds the national average of $1,200. This makes it increasingly tough for families or individuals to find affordable housing within their budget.
2. INCREASED UTILITIES EXPENSES
Utility costs in Fairmount can be quite steep. Residents often report paying around $300 per month on average for a combination of electricity, gas, water, and garbage services.
This is considerably higher than the national average of about $250 per month for similar services. Such heightened utility expenses can further strain household budgets, particularly for those living on fixed incomes or lower wages.
3. GROCERY PRICES ABOVE NATIONAL AVERAGE
Grocery prices in Fairmount also demand attention, as they tend to be pricier than those in many other regions. The grocery cost index here is approximately 15% higher compared to the national average.
For instance, basic staples such as milk, bread, and eggs, which average around $3.50, $2.50, and $2.00 respectively, can vary considerably, pushing the total grocery bill up. For families trying to stick to a budget, these increased costs can be a persistent point of stress.
4. TAX BURDEN ON RESIDENTS
Fairmount residents bear a considerable tax burden, with property taxes averaging around $3,500 annually. This is considerably higher than many states where property taxes average closer to $2,000.
Additionally, state income tax rates range from 4% to 8.82%, based on income brackets, contributing to the total tax burden that makes living in the area less affordable. High tax rates can quickly erode disposable income, impacting families' ability to save for the future.
5. LIMITED JOB OPPORTUNITIES AND LOWER INCOMES
Despite the various costs of living mentioned, Fairmount struggles with job opportunities and wages. The average household income in Fairmount is approximately $70,000, which is lower than the national average of $77,000.
This disparity indicates that, while living expenses are high, incomes do not match the demand, leaving families or individuals with limited capacity to manage expenses effectively. Consequently, many residents may feel financially squeezed.
Cost of Living in Fairmount, NY
COST OF LIVING IN FAIRMOUNT, NY
The cost of living in Fairmount, NY, is typically influenced by nearby Syracuse, which provides a broader understanding of housing and other expenses. The median home price in Fairmount is approximately $230,000, which is slightly higher than the national average of around $230,000. Renters in the area can expect to pay about $1,200 per month for a two-bedroom apartment, which is competitive compared to surrounding cities like Syracuse, where rents are often lower. When it comes to groceries, Fairmount residents spend about $350 per month on average, aligning closely with national averages but slightly skewed by local store prices.
Utilities in Fairmount also reflect the state's general costs, with an average of around $200 per month for basic services, including electricity, heating, and water. Transportation costs are approximately $115 per month for public transport, while gas prices hover around $3.50 per gallon, providing a fair insight into commuting and vehicle ownership. Healthcare in the region can be seen as moderate with expenses averaging around $5,500 annually per person, closely mirroring national averages. Residents should consider these aspects before relocating to guarantee their budget aligns with their expected lifestyle.
Cost of living in Fairmount, NY
| Item | Estimated Cost |
|---|---|
| Median Home Price | $230,000 |
| Average Rent (2BR) | $1,200/month |
| Monthly Grocery Costs | $350/month |
| Monthly Utilities | $200/month |
| Transportation Costs | $115/month |
| Average Gas Price | $3.50/gallon |
| Annual Healthcare Cost | $5,500/person |
History of Fairmount, NY
HISTORY OF FAIRMOUNT, NY
Fairmount, located in Onondaga County, was founded in the mid-19th century as a small farming community. The area saw considerable growth in the late 1800s following the establishment of the Erie Canal, which promoted trade and boosted local industries such as agriculture and manufacturing.
The presence of notable figures like John H. McCarthy, a key local politician, helped shape the governance and community projects that evolved through the years. As the population shifted, Fairmount developed from a rural township into a suburban area, experiencing a population boom in the post-World War II era, reaching approximately 10,000 residents by the 1960s.
Key landmarks include the Fairmount Community Church, which has served as a cultural hub since its inception in 1888, along with the Fairmount Park, which began encouraging community activities in the mid-20th century.
The evolution of the local economy has been influenced by nearby Syracuse, with educational and cultural overlaps, including the annual Syracuse Arts & Crafts Festival, which attracts artists and visitors from across the region.
Altogether, Fairmount reflects a blend of past and present, as evidenced by key milestones such as its designation as a census-designated place in 1970 and its ongoing community initiatives aimed at preserving its rich heritage.
Quality of Life and Weather in Fairmount, NY
QUALITY OF LIFE AND WEATHER IN FAIRMOUNT, NY
Living in Fairmount, NY, offers residents a satisfactory quality of life defined by distinct seasons and comfortable climate conditions. The region experiences a continental climate, with cold winters averaging 25°F in January and warm summers around 80°F in July, providing clear shifts throughout the year that many residents cherish.
Air quality is generally good, supported by a wealth of natural spaces like parks and trails that encourage outdoor activities and enhance community engagement. Fairmount's access to green spaces, such as the nearby Onondaga Lake Park, contributes positively to residents' general well-being, allowing for recreational opportunities and a connection to nature.
Public opinion about livability tends to be quite favorable, with many appreciating the local environment and scenic beauty; yet, concerns over weather-related events such as heavy snowstorms in winter can occasionally disrupt daily life.
Healthcare services are accessible, with facilities within a short distance, influencing residents' perception of safety and well-being.
Education in Fairmount, NY
EDUCATION IN FAIRMOUNT, NY
The public school system in Fairmount, NY, falls under the West Genesee Central School District, which is acknowledged for its solid academic performance, boasting a ranking of 4 out of 10 on GreatSchools.
The district features several elementary, middle, and high schools, with West Genesee High School often highlighted for its academic rigor and diverse extracurricular provisions.
For those seeking alternative education options, nearby charter schools and private institutions can be found, offering specialized programs.
Though Fairmount itself doesn't house any universities, its close proximity to Syracuse, just a 15-minute drive away, provides access to higher education institutions such as Syracuse University and Le Moyne College, which are renowned for their various degree programs.
The student-to-teacher ratio in the district averages around 13:1, contributing to an environment that favors individual attention.
The district's education budget is approximately $105 million, catering to various programs, including sports, arts, and clubs, which improves student engagement.
With a graduation rate hovering around 90%, the area emphasizes academic success, with average class sizes typically ranging from 20 to 25 students.
Employment Opportunities in Fairmount, NY
EMPLOYMENT OPPORTUNITIES IN FAIRMOUNT, NY
Fairmount, NY, is situated within the greater Syracuse metro area, which provides a diverse EMPLOYMENT setting. Key industries include healthcare, education, retail, and manufacturing, reflecting broader trends seen in Central New York.
As of recent reports, the job market shows a stable UNEMPLOYMENT rate of approximately 4.5%, which is on par with national levels, indicating a resilient job market. Common job types include positions in healthcare, such as registered nurses and medical technicians, alongside roles in education and retail management.
The average salary for jobs within the region typically ranges from $35,000 to $75,000, depending on the field and experience level. Major EMPLOYERS in the area include Crouse Health, Syracuse University, and various retail chains located in nearby shopping centers.
Career growth opportunities appear promising, especially in healthcare and education, with an expected annual growth rate of about 2% in these industries. Although job competitiveness varies, most fields remain relatively accessible, making Fairmount a favorable location for job seekers.
Additionally, potential job seekers might consider commuting to Syracuse, which expands employment options considerably, providing access to over 150,000 jobs in the region.
Recreation and Attractions in Fairmount, NY
Fairmount, NY, presents a charming array of recreational opportunities and attractions that contribute to its vibrant community spirit.
Residents and visitors alike can enjoy:
- Scenic trails perfect for hiking and biking
- Community parks featuring playgrounds and picnic areas
- Local sports leagues promoting teamwork and fitness
- Seasonal events that encourage neighborhood camaraderie
These provisions create a welcoming environment for all.
Real Estate in Fairmount, NY
The real estate market in Fairmount, NY, offers a diverse range of housing options that appeal to various buyers, from first-time homeowners to those seeking luxury properties. The area features single-family homes, townhouses, and rental units, accommodating different lifestyles.
| Property Type | Average Price |
|---|---|
| Single-Family Homes | $250,000 |
| Townhouses | $180,000 |
| Rentals | $1,200/month |
Transportation in Fairmount, NY
Situated in close proximity to major highways and public transport options, Fairmount, NY, provides residents with convenient access to the broader Central New York region.
The transportation environment includes:
- Quick access to Interstate 690.
- A reliable bus service within Onondaga County.
- Nearby Syracuse Hancock International Airport.
- Well-maintained local roads for easy commuting.
These features guarantee efficient travel for all residents.