The community has the name of a railroad officer.
As a designated place in the 2016 Census of Population conducted by Statistics Canada, Fawcett recorded a population of 69 living in 31 of its 37 total private dwellings, a change of −5.5% from its 2011 population of 73. With a land area of 0.45 km2 (0.17 sq mi), it had a population density of 153.3/km2 (397.1/sq mi) in 2016.
As a designated place in the 2011 Census, Fawcett had a population of 73 living in 27 of its 30 total dwellings, a -7.6% change from its 2006 population of 79. With a land area of 0.49 km2 (0.19 sq mi), it had a population density of 149.0/km2 (386/sq mi) in 2011.
Fawcett is the hometown of professional hockey player and actor Ross Smith. Ross portrayed the character Barclay Donaldson in the 1977 movie Slap Shot.
- Alberta Municipal Affairs (2010-04-01). "Specialized and Rural Municipalities and Their Communities" (PDF). Retrieved 2010-07-08.
- Place-names of Alberta. Ottawa: Geographic Board of Canada. 1928. p. 50.
- "Population and dwelling counts, for Canada, provinces and territories, and designated places, 2016 and 2011 censuses – 100% data (Alberta)". Statistics Canada. February 8, 2017. Retrieved February 13, 2017.
- "Population and dwelling counts, for Canada, provinces and territories, and designated places, 2011 and 2006 censuses (Alberta)". Statistics Canada. 2012-02-08. Retrieved 2012-04-07.
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