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 24,974 people and five associated neighborhoods, Fairhope is the 26th largest community in Alabama. There's nothing like the smell of a brand new house, and in Fairhope, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Fairhope, and putting down their money on brand new construction. Fairhope’s real estate is, on average, some of the newest in the nation. Fairhope does seem to be experiencing an influx of affluent people, because the median household income is $86,509.00.
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.
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.
Telecommuters are a relatively large percentage of the workforce: 13.59% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Fairhope really has some of the features that families look for when choosing a good community to raise children. Is Fairhope perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Fairhope is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Fairhope. 53.42% 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 2022 was $52,160, which is wealthy relative to Alabama and the nation. This equates to an annual income of $208,640 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, Italian, and Scottish.
The most common language spoken in Fairhope is English. Other important languages spoken here include Spanish and Polish.