Neighborhood in Midland, Midland County
Living in Fairmont Park, Midland
32nd of 76areas in Midland
Overall score 60 of 100 vs Texas neighborhoods
Midland overall: C
Fairmont Park is a neighborhood in Midland, TX, home to about 2,100 people. It gets a B-, in the top 44% of Texas neighborhoods, and ranks 32nd of 76 areas we score in Midland. It does best on internet access and worst on health.
- Short commutes
- Lots of parks
- Hail risk is very high
- Winter storm risk is very high
Closest everyday places
| Grocery store | 0.5 mi |
| Pharmacy | 0.5 mi |
| Park | 0.4 mi |
| Cafe | 0.2 mi |
| Restaurant | 0.2 mi |
| Gym | 0.5 mi |
| Hospital or urgent care | 0.6 mi |
| Childcare | 0.9 mi |
| Library | 2.1 mi |
Straight-line distance from the middle of where people live. Overture Maps.
- Population
- 2,130
- Median rent
- $1,070
- Median home value
- $339,000
- Household income
- $97,400
- Average commute
- 19 min
- Homes owned
- 58%
What it's like to live in Fairmont Park
Fairmont Park is a neighborhood in Midland with about 2,100 residents, homes built around 1989, a mix of owners and renters and 52% of households with children.
Our grade for Fairmont Park is B-. That puts it 32nd of 76 areas we grade in Midland, a city that gets a C overall.
Pros of living in Fairmont Park
- Cheaper rent than the city. Median rent is $1,070, 25% lower than the Midland median.
- Groceries close by. The nearest grocery store is about 0.5 miles from the middle of the neighborhood.
- Parks within walking distance. The closest park is about 0.4 miles away.
Cons of living in Fairmont Park
- Higher poverty. 23% of residents live below the poverty line, against 12% across Midland.
- Natural hazard risk. FEMA rates the risk of hail and winter storms as very high in this part of town.
Fairmont Park report card
Each grade compares Fairmont Park with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.
Cost of living: grade B
Median rent $1,070, homes cost 3.5x income.
69 of 100 vs TX areasJobs and income: grade C
Median household income $97,400, 3.3% unemployed.
41 of 100 vs TX areasSchools: grade D+
Nearby schools average 77 of 100 on the state rating.
32 of 100 vs TX areasSafety: no grade
Citywide, 352 violent crimes per 100k, 1,631 property crimes per 100k.
No score vs TX areasErrands and things to do: grade B+
Most everyday stores and services within a mile of homes.
79 of 100 vs TX areasGetting around: grade C+
Average commute 19 min, 7.5% work from home.
54 of 100 vs TX areasEducation levels: grade D+
17% have a bachelor’s degree.
25 of 100 vs TX areasHealth: grade D
19% of adults uninsured.
21 of 100 vs TX areasHome ownership: grade C+
58% of homes owner-occupied.
51 of 100 vs TX areasInternet access: grade A-
100% of homes have broadband.
82 of 100 vs TX areas
Fairmont Park compared with Midland
Better than Midland
- Renters paying 30%+ of income on rent: 38%15 points lower than Midland (53%)
- Median rent: $1,07025% lower than Midland ($1,434)
- Homes with broadband internet: 100%7 points higher than Midland (93%)
Worse than Midland
- Adults with a bachelor's degree or higher: 17%17 points lower than Midland (34%)
- People below the poverty line: 23%11 points higher than Midland (12%)
- Homes owned by the people living in them: 58%7 points lower than Midland (65%)
Closest public schools
Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.
- BParker ElementaryElementary, Midland ISD0.5 mi
- DAbell Junior HighMiddle, Midland ISD1.1 mi
- CLegacy High SchoolHigh, Midland ISD1.3 mi
Cost of living in Fairmont Park
Median rent in Fairmont Park is $1,070 a month, 25% lower than the Midland median. A household would need about $43,000 a year to keep that rent at 30% of income.
The median home is worth $339,000, 6% higher than the Midland median, which means a monthly payment of about $2,237 with property tax at today's mortgage rates.
| Measure | Here | Midland | Texas |
|---|---|---|---|
| Median rent25% lower than Midland | $1,070 | $1,434 | $1,403 |
| Median home value6% higher than Midland | $339,000 | $319,200 | $283,800 |
| Home value to incomeAbout the same as Midland | 3.5x | 3.6x | 3.6x |
| Renters paying 30%+ of income on rent15 points lower than Midland | 38% | 53% | 52% |
| Homes owned by the people living in them7 points lower than Midland | 58% | 65% | 63% |
| Vacant homes4 points lower than Midland | 2.7% | 6.7% | 9.4% |
| Median year homes were builtAbout the same as Midland | 1989 | 1989 | 1992 |
Monthly cost to buy a median home
- Mortgage payment
- $1,856
- Property tax
- $382
- Median rent, for comparison
- $1,070
Based on a $339,000 home in Fairmont Park, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.
Work, income and getting around
| Measure | Here | Midland | Texas |
|---|---|---|---|
| Median household income9% higher than Midland | $97,400 | $89,585 | $78,476 |
| Unemployment rateAbout the same as Midland | 3.3% | 3.5% | 5.3% |
| People below the poverty line11 points higher than Midland | 23% | 12% | 14% |
| Adults with a bachelor's degree or higher17 points lower than Midland | 17% | 34% | 34% |
| Average commute7% lower than Midland | 19 min | 20 min | 27 min |
| Workers who work from home1 points higher than Midland | 7.5% | 6.2% | 14% |
| Workers who walk, bike or take transit1 points lower than Midland | 0% | 1.4% | 2.6% |
| Homes with broadband internet7 points higher than Midland | 100% | 93% | 91% |
Natural hazard risk
FEMA National Risk Index for the Census tracts in this area.
- River floodingLow
- HurricanesLow
- TornadoesHigh
- HailVery high
- Heat wavesVery low
- WildfiresLow
- Winter stormsVery high
- Strong windLow
Who lives in Fairmont Park
Race and ethnicity
Shown for information only. It is never part of any grade.
Other neighborhoods in Midland
- 1A+GrafalandMedian rent $1,250
- 2A+Grandridge Park
- 3AKimber-Lea
- 4ATrinity
- 5ARanchland HeightsMedian rent $1,090
- 6ACountry Sky
- 7APlantation HillsMedian rent $1,400
- 8APark PlaceMedian rent $2,380
Similar neighborhoods in other cities
Areas elsewhere in Texas with the closest mix of grades.
- C+Bridgewood EstatesSan Antonio
- C+KenwoodOdessa
- C-Goose Creek ReserveBaytown
Questions about Fairmont Park
Is Fairmont Park a good place to live?
Fairmont Park is a neighborhood in Midland, TX, home to about 2,100 people. It gets a B-, in the top 44% of Texas neighborhoods, and ranks 32nd of 76 areas we score in Midland. It does best on internet access and worst on health.
How much does it cost to live in Fairmont Park?
Renters in Fairmont Park pay a median of $1,070 a month, 25% lower than the Midland median. The median home is worth $339,000, 6% higher than the Midland median. A median home costs 3.5x the median household income, compared with 3.6x across Midland.
What schools serve Fairmont Park?
The closest rated public schools are Parker Elementary (elementary, rated B), Abell Junior High (middle, rated D) and Legacy High School (high, rated C). School zones can differ from the closest school, so check with the district.
This area is built from 1 Census block group closest to the Fairmont Park name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.