Economy in Fargo, North Dakota
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| Unemployment Rate | 2.80% | 8.60% |
| Recent Job Growth | 0.64% | 0.35% |
| Future Job Growth | 38.48% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 1.84% | 4.70% |
| Income per Cap. | $30,034 | $26,154 |
| Household Income | $50,378 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.99% | 12.37% |
| Income between 15K and 25K | 11.11% | 10.53% |
| Income between 25K and 35K | 11.19% | 10.88% |
| Income between 35K and 50K | 16.40% | 15.37% |
| Income between 50K and 75K | 20.24% | 20.14% |
| Income between 75K and 100K | 12.71% | 12.41% |
| Income between 100K and 150K | 10.92% | 11.27% |
| Income between 150K and 250K | 4.65% | 5.01% |
| Income between 250K and 500K | 1.64% | 1.86% |
| Income greater than 500K | 0.14% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.74% | 14.04% |
| Professional and Related Occupations | 21.64% | 20.61% |
| Service | 14.30% | 14.45% |
| Sales and Office | 31.01% | 26.75% |
| Farming, Fishing, and Forestry | 0.38% | 0.70% |
| Construction, Extraction, and Maintenance | 7.84% | 9.42% |
| Production, Transportation, and Material Moving | 11.09% | 14.05% |
The unemployment rate in Fargo, ND, is 2.80%, with job growth of 0.64%. Future job growth over the next ten years is predicted to be 38.48%.
Fargo, ND Taxes
Fargo, ND,sales tax rate is 6.00%. Income tax is 1.84%.
Fargo, ND Income and Salaries
The income per capita is $30,034, which includes all adults and children. The median household income is $50,378.
Fargo Economy SperlingViews
Fargo isn't so bad: I've lived in and around Fargo for about 15 years now. It is cheap and the economy is good right now even in the midst of the crisis. If you can get over the fact that... (read more)re: Economy - 3/11/2008: OK... what about when one comes from Miami, FL and wishes to reside there from May - November? What does one do? Is there anything to do? I don't work for less than... (read more)Economy: Fargo is a college town so the base wages are lower. Seven dollars to nine dollars per hour is an average starting wage. Jobs are plentiful. Fargo is becoming a "high... (read more)Have an opinion about Fargo? Leave a commentTo See All SperlingViews for Fargo Click Here
