Fargo, North Dakota, isn't just a place to live; it's a lifestyle, especially if you appreciate affordability and walkability. Imagine strolling through a community where your daily errands are easily accomplished on foot, reflected in an impressive Walk Score of 93. With a median home value of just $245,000, significantly below the national average, and median rent hovering around $697, the financial strain is lessened, allowing for a more relaxed pace of life. The city offers a quiet atmosphere, and a strong sense of community, making it ideal for families and individuals seeking a balanced and accessible environment.
From an investment perspective, Fargo presents a compelling case. The unemployment rate is a remarkably low 2.6%, suggesting a stable job market, and the affordable housing market, with a homeownership rate of 50%, makes it accessible to a broad range of buyers. While the median household income of $54,250 is below the national average, the lower cost of living, reflected in the high affordability index of 54, stretches those dollars further. The area is generally safe, with a violent crime rate of 3.1 per 1,000 residents, appealing to those who value security and peace of mind.
Fargo’s quality of life is enhanced by its clean air, with a favorable Air Quality Index of 33, and a peaceful environment marked by low noise levels. While you'll experience the full range of Midwestern seasons, the city boasts a vibrant cultural scene, with numerous community events and local attractions. The bike score of 77 out of 100 demonstrates the city is making strides toward environmental sustainability. The electricity rate is also very affordable at 9.1¢/kWh. Fargo is a place where you can build a stable, fulfilling life without breaking the bank.
Median Home Value
$245,000
Median Income
$54,250
Population
125,990
Walk Score
93
Air Quality
AQI 33
Good
Climate Risk
Relatively Low
- Population
- 125,990
- Median Age
- N/A
- Median Household Income
- $54,250
27% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $245,000
13% below nat'l avg
- Median Rent
- $697
40% below nat'l avg
- Homeownership Rate
- 5.0%
92% below nat'l avg
- Affordability Index
- 54
46% below nat'l avg
- Violent Crime Rate
- 3.1 per 1K
16% below nat'l avg
- Property Crime Rate
- 26.2 per 1K
50% above nat'l avg
- AQI
- 33
21% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 45.1
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
100% below nat'l avg
- Aviation
- 0 dBA
100% below nat'l avg
- Rail
- 0 dBA
100% below nat'l avg
- Electricity Rate
- 9.1¢/kWh
45% below nat'l avg
- Est. Monthly Electric
- $82
40% below nat'l avg
- Unemployment Rate
- 2.6%
30% below nat'l avg
- Poverty Rate
- N/A
Weather & Climate in Fargo
Avg High
54°F
Avg Low
36°F
Annual Rainfall
25.5"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on Cass County county-level presidential election data
Culture & Things to Do in Fargo
Fargo Marathon
A popular annual marathon that draws runners from across the region.
Fargo Film Festival
A film festival showcasing independent films and attracting filmmakers and movie lovers.
Downtown Fargo Street Fair
A street fair featuring local vendors, food, and entertainment.
Fargo AirSho
An air show featuring aerial performances and static displays of aircraft.