Living in Fargo, Oklahoma
Cost of living, income, home prices, rent and demographics of Fargo · Census data 2020–2024
Fargo has 307 residents with a median age of 39.4. The median household income is $70,114 (8% higher than the Oklahoma median), the median home value is $67,500, the median rent is $663/month.
Fargo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fargo at a glance
- Population
- 307
- Median age
- 39.4State: 37
- Median household income
- $70,114State: $65,039
- Median home value
- $67,500State: $199,800
- Median rent
- $663/moState: $1,014
- Homeowners
- 87.2%
- Bachelor's degree or higher
- 18.8%
- Average commute
- 19 min
Is Fargo a good place to live?
Pros: Median household income 8% higher than the Oklahoma median; home values 66% lower than the state median; an average commute of 19 minutes; a poverty rate of 14%.
Cons: Unemployment of 7.4%.
The weather is best in April–May and September–October.
Cost of living in Fargo
Housing is the biggest part of the cost of living. In Fargo the median home value is $67,500, 80% lower than the U.S. median. Renters pay a median of $663 per month, which is 17.1% of household income. Homeowners with a mortgage pay $1,196 a month in housing costs.
Fargo median household income
The median household income in Fargo is $70,114 and the income per person is $29,477. 14% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Fargo: homes for sale and rent
- Housing units
- 151
- Owner-occupied
- 87.2%
- Renter-occupied
- 12.8%
- Vacant
- 22.5%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.62
Fargo demographics
- Population
- 307
- Median age
- 39.4
- Under 18
- 28.3%
- 65 and older
- 13%
- Households
- 117
- Foreign-born
- 7.8%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Fargo ›
Education in Fargo
18.8% of adults 25 and older in Fargo have a bachelor's degree or higher (Oklahoma: 28.3%), and 2.5% have a graduate or professional degree.
Jobs and commute in Fargo
- Unemployment rate
- 7.4%State: 5%
- Average commute
- 19 minState: 22 min
- Work from home
- 13.4%
- Drive alone
- 64.6%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 94%
Fargo vs nearby towns
More for people moving to Fargo
Fargo ZIP code ›Weather and climate ›Living in Fargo: FAQ
What is the median household income in Fargo, OK?
The median household income in Fargo is $70,114, 8% higher than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fargo?
The median home value in Fargo is $67,500, compared with $199,800 in Oklahoma.
How much is rent in Fargo?
The median gross rent in Fargo is $663 per month, about 17.1% of household income.
Is Fargo, OK a good place to live?
Pluses: median household income 8% higher than the Oklahoma median; home values 66% lower than the state median; an average commute of 19 minutes; a poverty rate of 14%. Minuses: unemployment of 7.4%.
What is the median age in Fargo?
The median age in Fargo is 39.4 years (Oklahoma: 37).
How long is the commute in Fargo?
The average commute to work in Fargo is 19 minutes; 13.4% of workers work from home.
What is the unemployment rate in Fargo?
The unemployment rate in Fargo is 7.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fargo?
18.8% of adults in Fargo have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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