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Fargo

Learn about the people, housing, costs and businesses in Fargo, Arkansas

Median Home$91,700
Median Rent$605/month
Population52
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing10% information & media
Young Adults27% of residentsnear the national average
Homeowners58% of occupied units
NotableAffordable Market$92k median home · lower cost than 94% of the country
Fargo
AR

Frequently Asked Questions

What are today's mortgage rates in Fargo?

As of today, the 30-year fixed mortgage rate for Fargo is approximately 6.935% (6.973% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Fargo?

The median home value in Fargo is $92k. The median monthly rent is $605. Annual property taxes average $382. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Fargo?

Based on a typical all-in ownership cost of $539/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fargo is $39k/year.

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What industries drive the economy in Fargo?

The largest employment sectors in Fargo are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.