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. Much of the housing stock in Fairhope was built relatively recently. The construction of new real estate can often be taken as an indication that the local Fairhope economy is robust, and that jobs or other amenities are attracting an influx of new residents. 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.
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.
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.
If knowledge is power, Fairhope is a pretty powerful place. 54.67% of the adults in Fairhope have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
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.