Fargo, OK (73840) is a small town located in the western part of Oklahoma with an estimated population of around 200 people. The cost of living in Fargo is quite affordable with 2 bedroom rents being around $940 compared to the US average which is $1,430. Grocery costs are also relatively low with an index of 92 versus the US average of 100.
Fargo has a few local companies that provide employment opportunities to its residents including a local construction company, farmland and ranching business, and a nearby wind farm. There are also several restaurants in Fargo such as Big J’s Café which serves burgers and fries, or Red River Bar & Grill provides traditional homestyle cooking.
Fargo (zip 73840) has an unemployment rate of 3.4%. The US average is 6.0%.
Fargo (zip 73840) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 12.1%, which is lower than the US average of 33.5%.
Tax Rates for Fargo (zip 73840)
- The Sales Tax Rate for Fargo (zip 73840) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Fargo (zip 73840) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fargo (zip 73840)
- The average income of a Fargo (zip 73840) resident is $25,199 a year. The US average is $28,555 a year.
- The Median household income of a Fargo (zip 73840) resident is $48,375 a year. The US average is $69,021 a year.