Last updated: 2024 BLS data · Page refreshed:
Fargo has a population of 131,627 with a median age of 31.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 131,627 |
| Median Age | 31.8 |
| White | 79.5% |
| Black or African American | 8.6% |
| Asian | 4.1% |
| Hispanic or Latino | 3.6% |
| Other / Two or More Races | 4.2% |
The median household income in Fargo is $66,998, which is 16.9% below the national median of $80,610. The per capita income is $42,734. The poverty rate is 12.9%.
The unemployment rate in Fargo is 2.3%, compared to the national rate of 4.1%.
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In Fargo, 95.5% of residents age 25+ have a high school diploma or higher, and 42.9% hold a bachelor's degree or higher (14.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.5% |
| Bachelor's Degree or Higher | 42.9% |
| Graduate or Professional Degree | 14.4% |
The median home value in Fargo is $281,900, below the national median of $303,400. The median monthly rent is $946. The homeownership rate is 43.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $281,900 |
| Median Monthly Rent | $946 |
| Homeownership Rate | 43.7% |
| Vacancy Rate | 6.0% |
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