At a Glance
Median Income
$67,188
$24,061 per capita
Home Value
$83,000
Zillow: $118,799
Median Rent
$675/mo
18.0% of income on rent
Bachelor's Degree+
8.4%
72.6% high school+
Unemployment
9.8%
4.1% poverty rate
Obesity Rate
41.3%
18.6% smoking rate
How Fargo Compares to the U.S. Average
Each bar shows Fargo's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Fargo a Good Place to Live?
B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Fargo residents earn a median household income of $67,188 , which is 11% below the national average of $75,149.
Per capita income is $24,061. The unemployment rate stands at 9.8% (172% above the U.S. rate of 3.6%). 4.1% of residents live below the poverty line. The area is home to 138 business establishments, including 3 restaurants.
Housing & Cost of Living
The median home value in Fargo is $83,000 , 71% below the national median of $281,900.
Zillow estimates the typical home at $118,799. Median rent is $675/month, with 18.0% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1970.
Education
8.4% of adults in Fargo hold a bachelor's degree or higher
(75% below the national average).
72.6% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Fargo has an average annual temperature of 59°F (15°C).
Winters average 37°F in January while summers reach 82°F in July. Annual precipitation totals 24.4 inches.
Data Overview
People
Population323
Median Age32.6 yrs
Density557/mi²
Male / Female49% / 51%
Foreign Born9.9%
Veterans8.0%
Economy
B
Median Income$67,188
Per Capita$24,061
Unemployment9.8%
Poverty4.1%
County GDP$1,003M
Avg Weekly Wage$879
Housing
A+
Home Value$83,000
Rent$675
Ownership83.2%
Zillow$118,799
Housing Units155
Rent Burden18.0%
Health
Obesity41.3%
Diabetes11.2%
Smoking18.6%
Heart Disease6.5%
Premature Death14,087/100K
Climate
Avg Temp59°F
Rain24.4 in/yr
Elevation2,113 ft
Education
D
Bachelor's+8.4%
High School+72.6%
Graduate+1.2%
School Score5.4/10
Community
2024 VoteR 87% / D 11%
Commute19 min
Broadband93.1%
Internet Speed16 Mbps
EV Stations2
Libraries1
Did You Know?
The median home in Fargo was built in 1970.
The nearest airport is Elk City Regional Business (66 miles).
The Gini coefficient (income inequality) is 0.442 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
18.0% of the population has a disability.
The county recorded 2 fatal vehicle crashes.
273 declared natural disasters on record.