Fairhope, PA Profile: Facts & Data

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Fairhope, Pennsylvania - Basic Facts

The Fairhope CDP(1) had a population of 1,126 as of July 1, 2023.

The primary coordinate point for Fairhope is located at latitude 40.1137 and longitude -79.8398 in Fayette County. The formal boundaries for the Fairhope Census Designated Place encompass a land area of 0.83 sq. miles and a water area of 0 sq. miles.

The Fairhope Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Fairhope Census Designated Place is located within Township of Washington, a minor civil division (MCD) of Fayette County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Fairhope 2023 Demographic Data
  2. Growth Rates for Fairhope (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Pennsylvania Research Tools (Easy Tools & Current Data)
  3. Pennsylvania Data Comparison Tool - 2023 Demographics
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Fairhope, PA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,126 (100%)
Population in Households 1,126 (100.0%)
Population in Families 915 (81.3%)
Population in Group Quarters1 0
Population Density 1,331
Diversity Index2 14
 
 

INCOME

Median Household Income $53,125
Average Household Income $74,117
% of Income for Mortgage4 15%
Per Capita Income $32,582
Wealth Index5 58
Socioeconomic Status Index6 Moderate (51.5)
 

HOUSING

Total HU (Housing Units) 540 (100%)
Owner Occupied HU 412 (76.3%)
Renter Occupied HU 83 (15.4%)
Vacant Housing Units 45 ( 8.3%)
Median Home Value $129,412
Average Home Value $145,692
Housing Affordability Index3 152
 

HOUSEHOLDS

Total Households 495
Average Household Size 2.27
Family Households 322
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.54% -0.65%
Households -0.43% -0.33%
Families   -0.82%
Median Household Income   3.09%
Per Capita Income   3.23%
Owner Occupied HU   -0.24%

Fairhope, PA - Peer Comparisons by Rank and Percentile

The table below compares Fairhope to the other 1,888 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 927 51st
Population Density # 947 50th
Median Household Income # 1434 24th
Housing Affordability Index # 1369 73rd
Per Capita Income # 1197 37th
Diversity Index # 1277 32nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.

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