What to know when moving to Fargo, ND
Fargo at a Glance
- The Vibe:
- A community where 54.3% of residents rent and the median household income is $56,028.
- The Major Draw:
- Median gross rent is $829, making it more affordable than many larger cities.
- The Reality Check:
- The poverty rate is 20.2%, indicating some economic challenges.
- Commute:
- Only 0.8% of residents use public transit.
- Top Tip:
- Budget for a median home value of $235,600 if you're considering buying.
The 'Vibe' Check: Who Thrives Here?
Fargo presents a mixed demographic profile, with 45.5% of residents holding a bachelor's degree or higher. The community is predominantly renters, which can foster a dynamic atmosphere. With a significant portion of the population facing economic challenges, those moving here might appreciate the affordability but should remain mindful of the poverty rate.
Probably not your spot if you prefer a high public transit usage, as only 0.8% of the residents rely on it for commuting.
Your Money: Housing & Cost Snapshot
- Median gross rent is $829, which could be appealing for those looking to rent.
- The median home value is $235,600, indicating a reasonable market for homebuyers.
- With a poverty rate of 20.2%, the economic situation varies within the community.
- 54.3% of the population are renters, showing a significant rental market.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
In North Dakota, the crime rates reflect a downward trend in both violent and property crimes over the past few years.
- Violent crime rate is 236.7 per 100k, which is significantly lower than the national average of 325.3.
- Property crime rate stands at 1507.5 per 100k, slightly below the national average of 1546.9.
- Notably, the homicide rate has dropped to 1.5 per 100k, down 59.8% since 2022.
Source: FBI Crime Data Explorer (state-level summarized data for North Dakota).
Schools & Higher Ed
Fargo has access to a range of educational institutions, making it a suitable location for students seeking nearby opportunities.
- Total postsecondary institutions: 8
- Notable schools include North Dakota State University and Rasmussen University.
- Nearby options also include Minnesota State University Moorhead in Moorhead, MN.
Source: ArcGIS Postsecondary School Locations, NCES College Scorecard.
Weather & Getting Outside
Fargo offers several parks and outdoor spaces for recreation and enjoyment.
- Lindenwood Park - Rating: 4.6 (1,864 reviews)
- Gooseberry Mound Park - Rating: 4.7 (601 reviews)
- Fargo Air Museum - Rating: 4.6 (776 reviews)
- Sky Zone Trampoline Park - Rating: 4.4 (1,075 reviews)
Source: Google Places API.