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.
Telecommuters are a relatively large percentage of the workforce: 13.06% 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.
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.
Being a small city, Fairhope does not have a public transit system used by locals to get to and from work.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Fairhope. 53.07% 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 $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.