Why Live in Fairmount
Fairmount, located in west Woonsocket, Rhode Island, is a historic riverside neighborhood known for its early 20th-century multi-family homes, many of which have been converted into rental properties. The area features distinctive triple-decker residences with open porches, reflecting its past as a working-class neighborhood for mill laborers. Single-family homes, including Cape Cods and Craftsman bungalows, are also available, often with covered porches and straight driveways. The streets are compact and grid-patterned, providing ample sidewalk space for easy walking. Fairmount's children attend Woonsocket Public Schools, with Kevin K. Coleman Elementary, Woonsocket Middle, and Woonsocket High nearby. Local parks such as Dunn Park and Costa Park offer recreational facilities like basketball courts, tennis courts, and fields. While major grocery chains are absent, Santo Domingo Market provides basic necessities, and downtown Woonsocket offers retail options like Angels Boutique and Trendz. Dining options include Luc’s Bar and Grill, known for its casual menu and drinks. Attractions in Woonsocket include the Museum of Work and Culture and the annual Autumnfest at World War II Memorial Park. The neighborhood is well-connected by RIPTA bus route 87, making it convenient for residents to access the city's amenities and attractions. Fairmount is 1.5 miles from Woonsocket’s retail and dining districts and 27 miles from Worcester, Massachusetts.
Frequently Asked Questions
Is Fairmount a good place to live?
Fairmount is a good place to live. Fairmount is considered car-dependent and somewhat bikeable with some transit options. Fairmount has 5 parks for recreational activities. It is somewhat dense in population with 9.7 people per acre and a median age of 34. The average household income is $55,932 which is below the national average. College graduates make up 16.6% of residents. A majority of residents in Fairmount are renters, with 72.1% of residents renting and 27.9% of residents owning their home. A
local real estate agent serving Fairmount can help you decide if this neighborhood is the right one for you. Learn more on our
Fairmount neighborhood guide.
How much do you need to make to afford a house in Fairmount?
The median home price in Fairmount is $374,000. If you put a 20% down payment of $74,800 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $1,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in Fairmount. The average household income in Fairmount is $56K.
What are the best public schools in Fairmount?
The best public schools that serve Fairmount are:
What are the best private schools in Fairmount?
The best private schools that serve Fairmount are:
What are the most popular zip codes in Fairmount, Woonsocket, RI?
What are the most popular neighborhoods near Fairmount, Woonsocket, RI?
Home Trends in Fairmount, RI
On average, homes in Fairmount, Woonsocket sell after 22 days on the market compared to the national average of 52 days. The median sale price for homes in Fairmount, Woonsocket over the last 12 months is $375,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$375,000
Average Price Per Sq Ft
$230
Number of Homes for Sale
2
Last 12 months Home Sales
13
Median List Price
$374,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
7%