Fargo, GA
Population 470 · Georgia
About Fargo, GA
Fargo is a small community located in Georgia with a population of 470 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,105 per year, which is 5% below the national median of $75,149. The median age of 43 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fargo features a median home value of $82,400, which is 66% below the national median of $244,900. This makes Fargo one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $662, 43% below the national average of $1,163/month. Of the 326 total housing units, 81% are owner-occupied (208 units) and 19% are renter-occupied (50 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fargo shows an unemployment rate of 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.5%, above the national average of 12.4%. Workers in Fargo have an average one-way commute time of 31 minutes.
Education & Demographics
5.4% of Fargo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 7.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Fargo Ranks in Georgia
Cost of Living in Fargo, GA
Compared to national averages, Fargo has a median household income of $71,105 (5% below the national median of $75,149). Home values average $82,400, which is 66% below the national median. Monthly rent at $662 is 43% below the US average of $1,163. Within Georgia, Fargo's income is 17% above the state average of $60,815, and home values are 58% below the state median of $194,684.
Why Live in Fargo, GA?
Fargo offers affordable housing with a median home value of $82,400, below the US average of $244,900, and rent that’s lower than the national average at $662/month, and a strong job market with an unemployment rate of just 0.4%.
Potential considerations include median household income ($71,105) that falls below the national average. However, Fargo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fargo has a population of 470 with a median age of 43 years. Compare Fargo with other cities to see how it stacks up, or explore all cities in Georgia.
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Cities in Georgia with a similar population size.
Demographics
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Economy & Education
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Other Cities in Georgia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Fargo
What is the population of Fargo, GA?
The population of Fargo, GA is 470 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Georgia.
What is the median household income in Fargo?
The median household income in Fargo, GA is $71,105 per year, which is 5% below the national median of $75,149.
What is the median home value in Fargo?
The median home value in Fargo, GA is $82,400, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fargo?
The median monthly rent in Fargo, GA is $662, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Fargo?
The unemployment rate in Fargo, GA is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fargo, GA a good place to live?
Fargo offers a moderate cost of living, affordable housing, and a strong job market. With a population of 470 and a median age of 43, the city appeals to a broad range of residents.
How educated is Fargo, GA?
5.4% of residents in Fargo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Fargo?
Key cost-of-living indicators for Fargo, GA: median home value is $82,400 (66% below national), median rent is $662/month, and median household income is $71,105. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fargo?
The poverty rate in Fargo, GA is 15.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Fargo, GA?
Fargo's population is 0.0% White, 7.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 6.8% two or more races. 0.0% of residents are foreign-born.