Fargo, OK demographics:
population, income, and more

Total population
307
-5.0% year-over-year change
Median household income
$70,114/yr
4.3% year-over-year change
Housing units
151
17.1% year-over-year change

Fargo population

How many people live in Fargo

Fargo is home to 307 residents, according to the most recent Census data. Gender-wise, 50.2% of Fargo locals are male, and 49.8% are female.

Total population
307
-5.0% year-over-year change
Gender ratio
Male
50.2%
154
Female
49.8%
153
Value Percent YoY change
Male 154 50.2% -1.9%
Female 153 49.8% -7.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Fargo is 39, with the population distributed as follows: about 19.5% are children under 15, then 14.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 28.3% of the population, while another 24.4% fall into the 45 to 64 bracket. Finally, around 13% are 65 or older.

Median age
39.4
Age breakdown
Under 15
19.5%
15 to 24
14.7%
25 to 44
28.3%
45 to 64
24.4%
Over 65
13%
Value Percent YoY change
Under 15 60 19.5% -25.0%
15 to 24 45 14.7% -29.7%
25 to 44 87 28.3% 10.1%
45 to 64 75 24.4% 7.1%
Over 65 40 13% 33.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

At the same time, 7.8% of residents are non-citizens. There’s also a share of 26.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
92.2%
Non-U.S.-born citizens
0%
Non-citizens
7.8%
Value Percent YoY change
U.S.-born citizens 283 92.2% -2.8%
Non-citizens 24 7.8% -25.0%
Racial breakdown
White
71.7%
Black or African American
0%
American Indian and Alaska Native
0.6%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
26.1%
Other
1.6%
Value Percent
White 220 71.7%
American Indian and Alaska Native 2 0.6%
Two or more races 80 26.1%
Other 5 1.6%

Households in Fargo

A peek inside Fargo households

Fargo has 117 households, with an average of 3 members in each. Of these, 70.9% are families, while the remaining 29.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
117
15.8% year-over-year change
Average people per household
3
Non-family households
34
Family households
83
Value Percent YoY change
Non-family households 34 29.1% 25.9%
Family households 83 70.9% 12.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Fargo

The housing landscape of Fargo

Fargo's housing consists of 151 units, with 78.2% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 21.8% of the housing landscape.

Housing units
151
17.1% year-over-year change
Housing types
Value Percent
1 unit, detached 118 78.2%
Mobile home 33 21.8%
Homes built since 2020
2
100.0% year-over-year change

The age of buildings in Fargo

In Fargo, the median construction year is 1974. About 8.6% of homes were built before the 1940s, with another 20.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 9.9% of homes were added from 2000 to 2009, 0.7% between 2010 and 2019, and 1.3% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 13 8.6% 30.0%
Built between 1940 and 1949 31 20.5% -20.5%
Built between 1950 and 1959 6 4% -14.3%
Built between 1960 and 1969 12 8% 50.0%
Built between 1970 and 1979 33 21.8% 22.2%
Built between 1980 and 1989 28 18.5% 55.6%
Built between 1990 and 1999 10 6.6% 233.3%
Built between 2000 and 2009 15 9.9% -6.2%
Built between 2010 and 2019 1 0.7% N/A
Built in 2020 or later 2 1.3% 100.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Fargo occupancy rates

Out of the 117 occupied housing units in Fargo, 87.2% are owner-occupied, while 12.8% are lived in by tenants. Meanwhile, 22.5% of all homes on the local market sit vacant.

Occupied housing units
117
15.8% year-over-year change
Occupancy breakdown
Renter occupied
15
Owner occupied
102
Value Percent YoY
change
Renter occupied 15 12.8% -11.8%
Owner occupied 102 87.2% 21.4%
Unoccupied housing units
22.5%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Fargo housing costs

Housing costs in Fargo come to a median of $475 per month, while tenants specifically pay a median gross rent of $663.

Median housing costs per month
$475/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Fargo
$663/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Fargo

Fargo education at a glance

About 58.2% of the population in Fargo went to high school, while 14.6% pursued college studies. Another 0.9% earned an associate degree and 15.4% hold a bachelor’s. Meanwhile, 2.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 19 8.6% -13.6%
High school diploma 128 58.2% 5.8%
College diploma 32 14.6% -39.6%
Associate degree 2 0.9% 100.0%
Bachelor's degree 34 15.4% 209.1%
Graduate degree 5 2.3% 25.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Fargo

How much people earn in Fargo

The average annual household income in Fargo was $75,843 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.3% change from the previous year. At the same time, the median income stood at $70,114, reflecting a +4.4% shift over the same period.

Average household income in Fargo
$75,843/year
2.3% year-over-year change
Median household income in Fargo
$70,114/year
4.3% year-over-year change

Fargo income by age

In Fargo, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $102,857. Those with someone between 45 and 64 in charge, often well established professionally, earn $70,795 overall. Overall, 86% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $102,857 53.1%
45 - 64 $70,795 -14.3%
Above poverty level
264
Below poverty level
43
Value Percent YoY
change
Above poverty level 264 86% -10.8%
Below poverty level 43 14% 59.3%

Average renter income in Fargo

To get a better sense of what renters earn on average in Fargo, their median household income was $46,250 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 17.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$46,250
Rent-to-income ratio
17.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Fargo

Workforce and job types in Fargo

The job market in Fargo is powered by 138 working residents, spread across a range of industries and roles. 51.4% of the working population are employed in professional or administrative positions, while 48.6% are in hands-on or service-based jobs. Also, 24.6% run their own businesses, 49.3% are employed by private companies, and 20.3% work in the public sector.

Workforce demographics

Working population
138
16.0% year-over-year change
White collar
71
Blue collar
67
Value Percent YoY change
White collar 71 51.4% -9.0%
Blue collar 67 48.6% 63.4%
Employer type
Self employees
24.6%
Private companies
49.3%
Governmental workers
20.3%
Not for profit companies
5.8%
Value Percent YoY change
Self employees 34 24.6% 47.8%
Private companies 68 49.3% -10.5%
Governmental workers 28 20.3% 64.7%
Not for profit companies 8 5.8% 166.7%
Unemployment rate
7.4%
-15.4% year-over-year change

Available workforce

The unemployment rate in Fargo stands at 7.4%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Fargo

How people get around in Fargo

Commuting methods vary: 80.3% of residents travel by personal vehicle and 1.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 102 80.3% 6.2%
Taxicab 3 2.4% N/A
Motorcycle 3 2.4% 0.0%
Walk 2 1.6% 0.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Fargo by zipcode?

Zipcode Population Number of households Median income Average income
73840 509 219 $71,932 $79,574

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FAQs about Fargo demographics 

What is the total population of Fargo?

Fargo has a total population of 307 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -5.0% compared to a year ago.

What is the gender ratio in Fargo?

The gender ratio in Fargo is as follows:
  • 50.2% males (154 residents)
  • 49.8% females (153 residents)

What is the median age in Fargo?

The median age in Fargo is 39.4.

What is the age distribution of the population in Fargo?

The age distribution in Fargo is as follows:
  • Under 15: 19.5% (60 residents)
  • Ages 15-24: 14.7% (45 residents)
  • Ages 25-44: 28.3% (87 residents)
  • Ages 45-64: 24.4% (75 residents)
  • Over 65: 13% (40 residents)

What is the racial and ethnic makeup of Fargo?

The racial and ethnic makeup of Fargo is as follows:
  • White: 71.7% (220 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0.6% (2 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 26.1% (80 residents)
  • Other: 1.6% (5 residents)

What percentage of the population in Fargo are U.S.-born citizens?

U.S.-born citizens represent 92.2% of the population in Fargo.

How many housing units are there in Fargo?

There are 151 housing units in Fargo, reflecting a +17.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Fargo and what is the average household size?

Fargo has a total of 117 households, with an average of 3 people in each.

What is the median household income in Fargo?

Fargo has a median household income of $70,114, representing a +4.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Fargo?

The employment rate is 92.6% in Fargo, with a workforce of 138 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 51.4% (71 residents)
  • Blue-collar workers: 48.6% (67 residents)

Places of employment:
  • Self-employed: 24.6% (34 residents)
  • Private companies: 49.3% (68 residents)
  • Governmental workers: 20.3% (28 residents)
  • Not-for-profit companies: 5.8% (8 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025