HomeNorth DakotaCass CountyFargo
Fargo, North Dakota: commercial real estate data.
Fargo 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 since FY2020.
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$814,940
- 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
Counted by borrower city: approvals to borrowers whose address is in Fargo, in any county, FY2020 to FY2026.
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$513,500
- 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
Counted by borrower city: approvals to borrowers whose address is in Fargo, in any county, FY2010 to FY2026.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fargo
Flood risk in Fargo
- NFIP communityCity of Fargo
- NFIP community number385364
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date09/05/25
The City of Fargo participates in the National Flood Insurance Program as community 385364 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cass County, not Fargo
Cass County context, not Fargo figures
- Establishments in Cass County5,988
- Covered employment, Cass County128,033
- Average annual pay, Cass County$66,805
- Housing units permitted, Cass County1,223
Every figure in this section is published for Cass County as a whole and is not a measurement of Fargo.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $105.8 m since FY2020, across 51 lenders, median approval $200,000, plus 222 504 approvals worth $167.3 m since FY2010. 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.
Is Fargo in the National Flood Insurance Program?
Yes. Fargo appears in the FEMA Community Status Book as Fargo, city of, community 385364, carrying Community Rating System class 5, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Fargo figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.