Fargo has a population of approximately 124,979 and experiences a population change rate of 37.95%. The population density is 2,512.5 / sq mi .
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Population
Household
The median household income for Fargo is $60,243, with 55,857 households and an average household size of 2.15.
Home Value
The median value of a home in Fargo is $279,500 with an appreciation rate of 12.60%. 40.77% of housing in the state is owned while 50.34% is rented.
Cost of Living
The cost of living in Fargo is 100 %.
Employment
The unemployment rate in Fargo is 1.90%, and recent job growth is at 1.15%. Future job growth is projected at 43.67%.
Taxes
The sales tax rate in Fargo is 7.50%, while the income tax rate is 2.04% .
Education
School expenditures in Fargo are $17,075, and the school ratio is 12.7:1.
Weather
The average high temperature in July is 82.4 degrees, with an average low temperature in January of -0.1 degrees. The average rainfall is approximately 23.7 inches per year, with 49.3 inches of snow per year.