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Fargo, North Dakota Mortgage and Housing Information
Population: 90,599
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Fargo
Income
| U.S. | North Dakota | Fargo | |
|---|---|---|---|
| Median Earnings | $27,239 | $23,530 | $23,942 |
| Median Earnings, Males | $32,396 | $30,397 | $30,312 |
| Median Earnings, Females | $22,097 | $17,659 | $19,127 |
Males earn $11,185 (58.5%) more than Females in Fargo.
Commuting in Fargo
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 43,565 |
| Carpooled | 3,992 |
| Public Transit | 237 |
| Bicycle | 310 |
| Walking | 2,269 |
| Other Means | 272 |
| Total, Commuted | 50,645 |
| Worked from home | 1,492 |
| Total | 52,137 |
Time Spent Commuting in Fargo
Time spent commuting in Fargo
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 2,284 |
| 5-9 | 10,282 |
| 10-14 | 16,238 |
| 15-19 | 13,142 |
| 20-24 | 4,601 |
| 25-29 | 818 |
| 30-34 | 1,176 |
| 35-39 | 110 |
| 40-44 | 121 |
| 45-59 | 552 |
| 60-89 | 718 |
| Over 90 | 603 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 5,543 | 21.2% | 5,694 | 21.8% |
| Associate Degree | 2,618 | 10.0% | 3,554 | 13.6% |
| Bachelor's Degree | 7,509 | 28.8% | 8,389 | 32.1% |
| Master's Degree | 1,610 | 6.2% | 2,201 | 8.4% |
| Professional Degree | 1,031 | 3.9% | 399 | 1.5% |
| Doctorate Degree | 480 | 1.8% | 129 | 0.5% |
| Total (at least some college) | 18,791 | 72.0% | 20,366 | 70.0% |
| Total over 25 | 26,112 | 100% | 29,097 | 100% |
Housing in Fargo
Value of Houses and Condos
| U.S. | North Dakota | Fargo | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $99,700 | $142,200 |
Monthly Owner Costs
| U.S. | North Dakota | Fargo | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,043 | $1,304 |
| Without a mortgage | $399 | $355 | $449 |
Tenancy in Fargo
| Owner-occupied homes | 19,785 |
|---|---|
| Renter-occupied homes | 23,994 |
| Homes for sale | 0 |
| Homes for rent | 0 |
| Total | 43,779 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Fargo (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 5,462 | 27.6% |
| First Mortgage Only | 10,530 | 53.2% |
| Second Mortgage and/or Home Equity Loan | 3,793 | 19.2% |
| Total | 19,785 | 100% |
Age of Fargo Residents
| Males | Females |
|---|---|
| 29 | 31 |
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