2025 Compare Cities Economy:
Spirit Lake, IA vs Fairmont, MN

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Highlights
- Household income in Fairmont, is 6% less than it is in Spirit Lake and is 30% below the National Average.
- Spirit Lake unemployment rate is 4.9%.
- Fairmont unemployment rate is 4.3%.
 Spirit Lake, IAFairmont, MNUnited States
 Unemployment Rate  Unlock4.3%6.0%
 Recent Job Growth  Unlock-0.4%1.6%
 Future Job Growth26.4%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$34,954  Unlock$37,638
 Household Income  Unlock$52,975$69,021
 Family Median Income$74,268  Unlock$85,028
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 Est. Households By Income
 Spirit Lake, IAFairmont, MNUnited States
 Income Less Than 15K  Unlock11.1%9.4%
 Income between 15K and 20K6.9%  Unlock3.8%
 Income between 20K and 30K  Unlock12.5%8.1%
 Income between 30K and 40K11.1%  Unlock8.0%
 Income between 40K and 50K  Unlock10.2%7.6%
 Income between 50K and 60K12.0%  Unlock7.2%
 Income between 60K and 75K  Unlock8.1%9.6%
 Income between 75K and 100K16.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.9%16.3%
 Income between 150K and 200K4.5%  Unlock7.8%
 Income greater than 200K  Unlock4.8%9.5%
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 Population By Occupation
 Spirit Lake, IAFairmont, MNUnited States
 Management, business, finance15.5%  Unlock16.4%
 Engineering, computers, science  Unlock3.4%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library6.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology5.3%  Unlock6.2%
 Healthcare support  Unlock5.0%3.3%
 Firefighters, law enforcement0.3%  Unlock2.1%
 Food preparation, serving  Unlock5.2%5.4%
 Building maintenance5.7%  Unlock3.6%
 Personal care  Unlock3.4%2.6%
 Sales, office, administrative support22.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.2%0.6%
 Construction, extraction, maintenance/repair13.3%  Unlock8.1%
 Production, transportation, material moving  Unlock19.1%13.1%
Reviews for Spirit Lake    1 Reviews

Over 18 years ago

We moved from a medium sized city in the West (about 100,000) to Spirit Lake a few years ago. Although it took a little while to get used to living in a small town  More

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Reviews for Fairmont    1 Reviews

Over 14 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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