Fairhope is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Alabama. With a population of 22,677 people and five constituent neighborhoods, Fairhope is the 38th largest community in Alabama. Fairhope has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Fairhope, where the median household income is $75,197.00.
Fairhope real estate is some of the most expensive in Alabama, although Fairhope house values don't compare to the most expensive real estate in the U.S.
Fairhope is a decidedly white-collar city, with fully 86.99% of the workforce employed in white-collar jobs, well above the national average. Overall, Fairhope is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Fairhope who work in management occupations (12.25%), sales jobs (10.87%), and healthcare (10.40%).
Of important note, Fairhope is also a city of artists. Fairhope has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Fairhope’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.36% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Fairhope is a great place for families with children to consider. First of all, many other families with children live here, making Fairhope a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Fairhope has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Fairhope’s overall crime rate is lower than average for the country.
One of the nice things about Fairhope is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Fairhope. 54.67% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Fairhope in 2018 was $41,613, which is wealthy relative to Alabama and the nation. This equates to an annual income of $166,452 for a family of four. However, Fairhope contains both very wealthy and poor people as well.
Fairhope is a somewhat ethnically-diverse city. The people who call Fairhope home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fairhope residents report their race to be White, followed by Black or African-American. Important ancestries of people in Fairhope include English, Irish, German, Scottish, and Italian.
The most common language spoken in Fairhope is English. Other important languages spoken here include Spanish and Polish.