Department of Numbers

Fargo North Dakota Household Income

The Census ACS 1-year survey reports that the median household income for the Fargo North Dakota metro area was $66,216 in 2021, the latest figures available. Fargo median household income is $303 lower than the median North Dakota household income and $3,501 less than the US median household income. 2022 metro income data (including Fargo median household income) will be released in September of 2023. Median family and per capita income for Fargo are shown below.

Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.

Show dollars as: Nominal Real

Real Median Household Income for Fargo North Dakota

2021 1 Year Change 3 Year Change
US $69,717 -1.64% +4.32%
North Dakota $66,519 -3.05% -3.42%
Fargo $66,216 -1.95% -5.69%

Trends in Fargo, ND Real Median Household Income since 2005

The current median household income for Fargo is $66,216. Real median household income peaked in 2018 at $70,212 and is now $3,996 (5.69%) lower.

Real Median Household Income: Fargo, North Dakota, National

Historical Inflation Adjusted Median Household Income for Fargo

Date US North Dakota Fargo
2021 $69,717 $66,519 $66,216
2020 $70,877 $68,609 $67,531
2019 $69,638 $68,435 $66,573
2018 $66,828 $68,878 $70,212
2017 $66,687 $68,353 $70,022
2016 $65,052 $68,483 $67,752
2015 $63,784 $69,252 $64,099
2014 $61,468 $67,622 $61,709
2013 $60,869 $64,957 $60,533
2012 $60,732 $63,349 $60,914
2011 $60,969 $62,420 $63,252

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Fargo Family Income

The ACS 1-year data shows the median family income for Fargo was $92,843 in 2021. Compared to the median North Dakota family income, Fargo median family income is $3,339 higher. As with the median household income data, 2022 family income data for Fargo will be released in September of 2023.

Show dollars as: Nominal Real

Real Median Family Income for Fargo North Dakota

2021 1 Year Change 3 Year Change
US $85,806 -1.68% +4.09%
North Dakota $89,504 -3.14% -3.77%
Fargo $92,843 -3.19% -1.48%

Trends in Fargo, ND Real Median Family Income since 2005

The current median family income for Fargo is $92,843. Real median family income peaked in 2020 at $95,904 and is now $3,061 (3.19%) lower.

Real Median Family Income: Fargo, North Dakota, National

Historical Inflation Adjusted Median Family Income for Fargo

Date US North Dakota Fargo
2021 $85,806 $89,504 $92,843
2020 $87,269 $92,402 $95,904
2019 $85,780 $92,257 $95,810
2018 $82,434 $93,012 $94,234
2017 $81,669 $90,487 $92,997
2016 $80,231 $89,792 $89,354
2015 $78,061 $91,078 $88,944
2014 $75,505 $86,171 $83,536
2013 $74,593 $86,026 $83,099
2012 $73,920 $83,432 $86,053
2011 $74,192 $80,794 $83,705

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Fargo Per Capita Income

The ACS 1-year survey shows the per capita income for Fargo was $39,489 in 2021. Compared to the median North Dakota per capita income, Fargo median per capita income is $2,992 higher. As with the median household and median family income numbers above, 2022 per capita income data for Fargo will be released in September of 2023.

Show dollars as: Nominal Real

Real Per Capita Income for Fargo North Dakota

2021 1 Year Change 3 Year Change
US $38,332 -1.03% +5.01%
North Dakota $36,497 -4.61% -2.93%
Fargo $39,489 -0.42% -0.89%

Trends in Fargo, ND Real Per Capita Income since 2005

The current per capita income for Fargo is $39,489. Real per capita income peaked in 2018 at $39,842 and is now $353 (0.89%) lower.

Real Per Capita Income: Fargo, North Dakota, National

Historical Real Per Capita Income for Fargo

Date US North Dakota Fargo
2021 $38,332 $36,497 $39,489
2020 $38,730 $38,261 $39,655
2019 $37,803 $38,799 $38,451
2018 $36,503 $37,600 $39,842
2017 $35,807 $37,624 $37,364
2016 $35,145 $37,641 $36,279
2015 $34,284 $38,954 $36,120
2014 $33,094 $37,885 $35,783
2013 $32,833 $35,945 $33,055
2012 $32,297 $36,407 $34,223
2011 $32,243 $33,870 $34,549

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