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. 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 $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.

A relatively large number of people in Fairhope telecommute to their jobs. Overall, about 13.06% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.

Being a small city, Fairhope does not have a public transit system used by locals to get to and from work.

If knowledge is power, Fairhope is a pretty powerful place. 53.07% 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 $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.