Home / Select Cities  /  2024 Comparing Fairmont, MN vs. Madison, WI

2024 Compare Cities Housing:
Fairmont, MN vs Madison, WI

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Highlights
- The median age of a home in Fairmont is 29.0% older than the median age of a home in Madison.

Housing
 Fairmont, MNMadison, WIUnited States
 Median Home Age624442
 Median Home Cost$144,800$337,500$338,100
 Home Appr. Last 12 months11.6%15.5%16.6%
 Home Appr. Last 5 yrs.43.0%51.6%57.0%
 Home Appr. Last 10 yrs.70.2%87.1%101.1%
 Property Tax Rate$10.8$20.6$11.0
 Homes Owned62.5%45.6%57.4%
 Housing Vacant7.8%4.3%11.2%
 Homes Rented29.8%50.2%31.4%
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 Avg Rent For Home Or Apartment
 Fairmont, MNMadison, WIUnited States
 Average Rent$1,090$1,890$1,840
 Studio Apartment$560$1,060$1,080
 1 Bedroom Home or Apartment$630$1,250$1,180
 2 Bedroom Home or Apartment$830$1,460$1,430
 3 Bedroom Home or Apartment$1,110$1,910$1,860
 4 Bedroom Home or Apartment$1,110$2,160$2,160
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 Vacant Housing
 Fairmont, MNMadison, WIUnited States
 Vacant For Rent3.5%2.0%1.9%
 Vacant Rented0.0%0.6%0.4%
 Vacant For Sale0.4%0.3%0.7%
 Vacant Sold0.0%0.2%0.4%
 Vacant Vacation0.0%0.6%3.6%
 Vacant Other3.9%0.7%4.1%
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 Owner-Occupied Housing Value
 Fairmont, MNMadison, WIUnited States
 Less Than $20,0002.1%1.0%2.6%
 $20,000 to $39,9993.9%0.7%2.4%
 $40,000 to $59,9999.1%0.2%2.8%
 $60,000 to $79,99911.5%0.6%3.9%
 $80,000 to $99,9997.9%0.9%4.5%
 $100,000 to $149,99920.0%6.2%11.3%
 $150,000 to $199,99921.5%12.4%13.0%
 $200,000 to $299,99913.4%35.0%20.1%
 $300,000 to $399,9995.7%22.5%13.6%
 $400,000 to $499,9993.5%10.9%8.3%
 $500,000 to $749,9991.5%7.0%9.7%
 $750,000 to $999,9990.0%1.4%3.9%
 $1,000,000 to $1,499,9990.0%0.8%2.2%
 $1,500,000 to $1,999,9990.0%0.4%0.8%
 $2,000,000 and over0.0%0.1%1.1%
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 Housing Units By Year Built
 Fairmont, MNMadison, WIUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20144.9%13.5%13.6%
 2000 to 20094.9%13.5%13.6%
 1990 to 19994.9%12.8%13.6%
 1980 to 198910.5%9.8%13.2%
 1970 to 197916.7%13.7%14.8%
 1960 to 19694.9%12.8%13.6%
 1950 to 195920.3%9.4%10.0%
 1940 to 194910.8%4.5%4.7%
 1939 or Earlier20.1%14.2%12.2%

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Reviews for Fairmont    1 Reviews

Over 13 years ago

Fairmont has good schools. Its K-12 public school system offers a comprehensive curriculum, wide-ranging extra-curricular opportunities, and up-to-date facilities.  More

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Reviews for Madison    78 Reviews

Unfortunately, a number of these reviews are politically based. Madison remains the only shining star in Wisconsin’s economy. The economy is broadly based, with  More

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Have been living in Madison for almost 3 years. It’s very safe, ppl generally friendly and for a town of its size it has fair number of good restaurants and interesting  More

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Lacks balance and zero accountability.   More

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ZIPS IN FAIRMONT, MINNESOTA
56031
ZIPS IN MADISON, WISCONSIN
53711, 53704, 53719, 53703, 53705, 53713, 53716, 53714, 53715, 53718, 13 total

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