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. 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 $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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.06% 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.

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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

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 like to read, write and learn? If you move to Fairhope, you'll likely find that many of your neighbors like to as well. Fairhope is one of the more educated communities in America, with a full 53.07% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 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.