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The total population of Fargo is estimated to be 127,319 with 64,378 males (50.56%) and 62,941 females (49.44%). There are 1,437 less females than males in Fargo.
The median household income in Fargo was $65,117 in 2021, which marked an a decrease of 61(0.09%) from $65,178 in 2020. This income is 87.28% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Fargo sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,708. Overall, the median household income for the city of Fargo stands at $59,698.
In Fargo, the median income for all workers aged 15 years and older, regardless of work hours, was $42,995 for males and $30,244 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,428 for males and $47,323 for females.
In Fargo, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, White households have the highest median household income at $63,158, while Black or African American households represent the opposite end with the lowest median household income of $40,568.
In 2022, the population of Fargo was 131,444, a 1.49% increase year-by-year from 2021. Previously, in 2021, Fargo's population was 129,510, an increase of 2.80% compared to a population of 125,979 in 2020.
The median age in Fargo, ND is 31.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.12% were under the age of 15, 30.06% aged 15 to 29, 40.19% aged 30 to 64, 10.94% aged 65 to 84, and 1.70% were 85 years of age and older.
Racial distribution of Fargo population: 82.45% are White, 8.03% are Black or African American, 1.20% are American Indian and Alaska Native, 4.05% are Asian, 0.02% are Native Hawaiian and other Pacific Islander, 0.59% are some other race and 3.66% are multiracial.