Why is Fairmount, Eugene an ideal place to raise a family?
The Fairmount Neighborhood gets its name and many unique qualities from Fairmount City, a short-lived 19th-century settlement. The area was annexed to the city of Eugene in 1902. Since then, the development’s legacy is retained in generously sized home lots, the curved design of Fairmount Boulevard, and a large neighborhood park, which was eventually merged into Hendricks Park.
Moreover, the Fairmount neighborhood is also home to several businesses, including restaurants, stores, and professional offices. Perhaps, you can locate the majority of them on Fairmount Boulevard.
Population and Demographics
The total population in Fairmount is 4,307 based on the latest 2021 data. The population density is 2,517 people per square mile, which is 31% lower than Eugene. The neighborhood borders the University of Oregon and it includes several rental properties, which could explain the majority of its young adult population and the median age of 29.5
The majority of residents in the neighborhood are white (82%) and 7.41% of residents identify as Asian, followed by 2.27% of residents who identify as Black.
Real Estate Market and Home Values
According to Realtor.com, as of May 2021, Fairmount Neighborhood is a seller’s market. It means that more people are looking to buy than available homes for sale here.
The median listing price of houses here is $605,000, trending up 2.1% year after year. Additionally, the median listing price per square foot in this area is $304. And the current median sale price is $637,500.
Eugene’s Fairmount area is a higher-income neighborhood. According to Neighborhood Scout’s unique data, this community has a higher income than 71.5% of American neighborhoods.
Moreover, 59.4% of residents in this area work in professional, executive, and management positions. and 27.1% are in service jobs and sales. The other 8.1% are in assistant, tech support, and clerical jobs, while the last 4.3% work in laborer and manufacturing jobs.
Events and Activities
The Fairmount neighborhood of Eugene is a great place to live for those who lead active lifestyles. It has easy access to several great family parks, including the breathtaking Hendricks Park in the hills, and many wide streets with sidewalks for walking. Additionally, it is just a 6-minute-drive away from Laurelwood Golf Course, which has a scenic course and covered driving range where you can work on your golf game all year.
The Ruth Bascom bike route, which runs along both sides of the Willamette River, is also near this area. The neighborhood gives convenient access to the University of Oregon and its Autzen Stadium, as well as a short commute to Springfield. Besides that, the Fairmount area is home to the Matthew Knight Arena and the newly-renovated Haywards Field, which hosts world-class athletic events and concerts that your whole family can attend.
Furthermore, Fairmont Neighborhood has a lot to offer and will surely not disappoint you. It is filled with many great opportunities and people, making it an excellent place to build a family.