Moving to Fargo
What you need to know before relocating to Fargo, North Dakota. Data-driven insights on housing, jobs, safety, and quality of life.
Is Fargo a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Fargo compares favorably on multiple dimensions. Highlights include rent ($989/mo) is below the national average; low unemployment rate (1.9%) signals a strong job market; violent crime rate (267/100k) is well below the national average.
Fargo at a Glance
Cost of Living in Fargo
The median rent in Fargo is $989/month, while the median home value is $287,200. With a median household income of $72,889, residents spend roughly 16% of monthly income on rent.
Overall, the Fargo metro area is classified as affordable compared to other US metros.
Job Market
Fargo has a median household income of $72,889, which is 2% below the national median. The local unemployment rate is 1.9%, compared to the national average of 3.7%.
Safety in Fargo
The violent crime rate in Fargo is 267 per 100,000 residents, which is 30% below the national average of 380.
Property crime rate: 1941 per 100,000 residents.
Education in North Dakota
North Dakota has a high school graduation rate of 94% and per-pupil spending of $18,486/year. The student-to-teacher ratio is 14:1.
39% of North Dakota adults hold a bachelor's degree or higher.
Healthcare Access
North Dakota has 219 physicians per 100,000 residents, a 5.8% uninsured rate, and 4.3 hospital beds per 1,000 people. Life expectancy in North Dakota is 77.9 years.
Pros and Cons of Living in Fargo
+Pros
- ✓Rent ($989/mo) is below the national average
- ✓Low unemployment rate (1.9%) signals a strong job market
- ✓Violent crime rate (267/100k) is well below the national average
- ✓High school graduation rate of 94%
- ✓Low uninsured rate (5.8%) and good healthcare access
-Cons
- ✗Longer-than-average commute (131119 min)
Frequently Asked Questions
Is Fargo a good place to live?⌄
Fargo, North Dakota has several attributes that make it an attractive place to live, including rent ($989/mo) is below the national average and low unemployment rate (1.9%) signals a strong job market. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Fargo?⌄
The median rent in Fargo is $989/month and the median home value is $287,200. The median household income is $72,889. Overall the metro is considered affordable.
Is Fargo safe?⌄
Fargo has a violent crime rate of 267 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Fargo?⌄
Fargo has an unemployment rate of 1.9%, compared to the national average of 3.7%. The median household income is $72,889.