Fargo has a population of 127,319 with a median age of 31.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 127,319 |
| Median Age | 31.9 |
| White | 81.5% |
| Black or African American | 8.5% |
| Asian | 4.0% |
| Hispanic or Latino | 3.2% |
| Other / Two or More Races | 2.8% |
The median household income in Fargo is $64,432, which is 14.3% below the national median of $75,149. The per capita income is $41,263. The poverty rate is 13.3%.
The unemployment rate in Fargo is 3.6%, compared to the national rate of 5.4%.
In Fargo, 95.0% of residents age 25+ have a high school diploma or higher, and 42.4% hold a bachelor's degree or higher (13.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.0% |
| Bachelor's Degree or Higher | 42.4% |
| Graduate or Professional Degree | 13.9% |
The median home value in Fargo is $254,900, below the national median of $281,900. The median monthly rent is $900. The homeownership rate is 44.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $254,900 |
| Median Monthly Rent | $900 |
| Homeownership Rate | 44.2% |
| Vacancy Rate | 8.3% |
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