HomeNorth DakotaCass CountyFargo city
Fargo city, North Dakota: commercial real estate data.
Fargo city is a Census city of 131,627 people across 51.49 square miles of land, in Cass County. Median household income is $66,998, 43.7 percent of occupied homes are owned, and the SBA record carries 292 7(a) approvals to borrowers here worth $105.8 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Fargo
What Fargo is
- Census place typecity
- Land area51.49 sq mi
- Water area0 sq mi
- Population per square mile of land2,557
- County holding the largest share of its areaCass County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fargo
How many people live in Fargo
- Population131,627
- Median age31.8
- Population under 1826,301
- Share under 1820.0 percent
- Population 65 and over17,510
- Share 65 and over13.3 percent
- Households59,970
- Family households28,086
- Share of households that are families46.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fargo
Income and work in Fargo
- Median household income$66,998
- Per capita income$42,734
- Civilian labor force79,804
- Employed76,778
- Unemployed3,026
- Unemployment rate3.8 percent
- Adults 25 and over82,495
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher42.9 percent
- Adults 25 and over with a graduate degree14.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fargo
Housing in Fargo
- Housing units63,807
- Occupied units59,970
- Vacant units3,837
- Vacancy rate6.0 percent
- Owner occupied26,200
- Renter occupied33,770
- Ownership rate43.7 percent
- Median owner-occupied home value$281,900
- Median gross rent, monthly$946
- Annual rent as a share of median income16.9 percent
- Single family units27,774
- Share single family43.5 percent
- Units in buildings of two or more35,118
- Share in buildings of two or more55.0 percent
- Mobile homes915 plus or minus 252
- Median year structure built1991
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fargo
How Fargo gets to work
- Workers 16 and over who commute68,445
- Commuting under 15 minutes35,891
- Share commuting under 15 minutes52.4 percent
- Commuting 30 minutes or more5,557
- Share commuting 30 minutes or more8.1 percent
- Drove alone76.7 percent
- Carpooled6.9 percent
- Public transport0.6 percent plus or minus 0.3
- Walked3.7 percent
- Worked from home9.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fargo
SBA loans in Fargo (7(a))
- Approvals292
- Gross approval$105,817,000
- Average approval$362,387
- Median approval$200,000
- Ninetieth percentile approval$816,600
- Largest approval$4,353,900
- Jobs supported3,109
- Jobs per approval10.6
- Loans with a final outcome100
- Paid in full99
- Charged off1
- Charge-off rate over resolved loans1.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more5.5 percent
- Share to franchises8.6 percent
- Distinct lenders51
- Distinct industries by NAICS126
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fargo
SBA loans in Fargo (504)
- Approvals222
- Gross approval$167,344,000
- Average approval$753,802
- Median approval$514,000
- Largest approval$5,500,000
- Jobs supported2,176
- Loans with a final outcome69
- Charged off2
- Charge-off rate over resolved loans2.9 percent
- Median term240 months
- Distinct CDCs6
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cass County, not Fargo
Cass County context, not Fargo figures
These are Cass County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Fargo measurements.
- Establishments in Cass County5,988
- Employment at those establishments, Cass County113,306
- Covered employment, Cass County128,033
- Average annual pay, Cass County$66,805
- Average weekly wage, Cass County$1,285
- Housing units permitted, Cass County1,223
- Of those, single family, Cass County728
- County product, 2024, Cass County$19,104,920,000
- County product change over the prior year, Cass County5.4 percent
- Average income of an arriving household, Cass County$58,911
Every figure in this section is published for Cass County as a whole and is not a measurement of Fargo. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Fargo questions, answered from the record.
How many people live in Fargo, North Dakota?
131,627, in 59,970 households. Fargo city covers 51.49 square miles of land, which is 2,557 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Fargo in?
Cass County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Fargo?
$66,998. The median owner-occupied home is valued at $281,900. Median gross rent is $946 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Fargo businesses?
292 7(a) approvals totalling $105.8 m, across 51 lenders, median approval $200,000, plus 222 504 approvals worth $167.3 m. These count approvals to borrowers whose address is in Fargo, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Fargo borrowers get paid back?
Of the 100 loans that have reached a final outcome, 99 were paid in full and 1 charged off, a charge off rate of 1.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Fargo figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cass County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Fargo.
Is zoning published for Fargo?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.