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 23,859 people and five associated neighborhoods, Fairhope is the 26th 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 $85,456.00.
Fairhope home prices are not only among the most expensive in Alabama, but Fairhope real estate also consistently ranks among the most expensive in America.
Also of interest is that Fairhope has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Fairhope telecommute to their jobs. Overall, about 13.06% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Fairhope is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Fairhope’s overall crime rate is lower than average for the country.
Fairhope is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Being a small city, Fairhope does not have a public transit system used by locals to get to and from work.
Do you like to read, write and learn? If you move to Fairhope, you'll likely find that many of your neighbors like to as well. Fairhope is one of the more educated communities in America, with a full 53.07% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Fairhope in 2022 was $48,382, which is wealthy relative to Alabama and the nation. This equates to an annual income of $193,528 for a family of four. However, Fairhope contains both very wealthy and poor people as well.
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, Italian, and Scottish.
The most common language spoken in Fairhope is English. Other important languages spoken here include Spanish and Polish.