Is Fargo, OK a Good Place to Live?
Fargo is a small town of 400 in Oklahoma, with a median household income of $63,125 and a 8.8% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.
Strengths: Fargo stands out for an affordable cost of living, below-average home prices, solid school ratings (B), short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Fargo is right for you depends on your priorities — the full breakdown is below.
All Fargo city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.3Fargo's overall cost of living index is 87.3, where 100 represents the US national average. Living in Fargo costs roughly 13% less than the average American city.
| Metric | Fargo, OK | National Avg |
|---|---|---|
| Median Home Value | $87,200 | $244,900 |
| Median Monthly Rent | $725 | $1,163 |
| Homeownership Rate | 89.4% | 65.9% |
| Median Household Income | $63,125 | $74,755 |
Crime & Safety
Very SafeFargo's violent crime rate is 77.7 per 100,000 residents — 80% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Fargo is served primarily by FARGO. The student-to-teacher ratio is 10.8:1 (better than the national average of ~16:1).
| Metric | Fargo, OK | National Avg |
|---|---|---|
| School District | FARGO | — |
| Elementary Schools | 1 | — |
| Middle Schools | N/A | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 10.8:1 | 16:1 |
| Bachelor's Degree or Higher | 6.3% | 35.4% |
| High School Diploma or Higher | 68.0% | 91.1% |
Weather & Climate
Fargo sees average highs of 50.7°F in January and 95.1°F in July, with 24.4 inches of annual precipitation and 11.4 inches of snow per year.
| Metric | Fargo, OK |
|---|---|
| Average High — January | 50.7°F |
| Average High — July | 95.1°F |
| Annual Precipitation | 24.4" |
| Annual Snowfall | 11.4" |
Demographics
| Metric | Fargo, OK | National Avg |
|---|---|---|
| Population | 400 | — |
| Median Age | 40.8 | 38.9 |
| Unemployment Rate | 8.8% | 3.7% |
| Avg Commute Time | 13.4 min | 26 min |
| White (non-Hispanic) | 81.3% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 7.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 23.5% | 22.2% |
| 65 and over | 14.5% | 16.8% |
Nearby Cities
ZIP Codes in Fargo
Fargo, OK is covered by 1 ZIP code: