Fargo, Oklahoma Demographics & Population 2026
During the 2020–2024 ACS period, Fargo, Oklahoma had a total population of 307, the 458th largest town in Oklahoma, with a median household income of $70,114, which is 8% higher than the state average. The poverty rate is 14.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.0x.
Fargo Quick Facts
How Fargo Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 323 | 307 | -5.0% |
| Median household income | $67,188 | $70,114 | +4.4% |
| Median home value | $83,000 | $67,500 | -18.7% |
How Fargo Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 58 | National average: 61
Education
Educational Attainment (Adults 25+)
Fargo Rankings in Oklahoma
Explore Oklahoma Rankings
Other Cities in Ellis County
Cities Similar to Fargo
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Old Green | 301 | N/A | $169,500 | 8.8% | 11.6% |
| Chance | 315 | N/A | $156,300 | 7.3% | 3.2% |
| Short | 299 | N/A | $113,700 | 8.9% | 57.2% |
| East Duke | 313 | $67,917 | $89,400 | 30.6% | 2.2% |
| Francis | 310 | $65,000 | $82,000 | 24.2% | 14.8% |
A note before these figures: with a population of 307, Fargo's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Fargo is a small community located in Oklahoma, within Ellis County. The total population is 307. It ranks as the 458th most populous out of 834 Census-designated places in Oklahoma.
Age Demographics
The median age in Fargo is 39.4 years. This is 6% higher than the state median of 37.0 years. With 28.3% of the population under 18, Fargo has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Fargo is $70,114. This is 8% higher than the state median of $65,039. It is also 13% lower than the national median of $80,734. The poverty rate stands at 14.0%. This is 9% lower than the state poverty rate of 15.3%. The unemployment rate is 7.4%. This is 48% higher than the state rate of 5.0%. The median home value is $67,500. Housing costs are 66% lower than the state median of $199,800. With a home-value-to-income ratio of just 1.0x, Fargo is one of the most affordable housing markets in the area. 87.2% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 65.8%.
Race & Ethnicity
The largest racial or ethnic group in Fargo is White (non-Hispanic), making up 65.1% of the population. Hispanic or Latino residents account for 30.0%. The Hispanic or Latino population is significantly higher than the state average (30.0% vs 12.7%).
Education
18.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% lower than the state rate of 28.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.2%.
Data Sources & Methodology
All demographic data for Fargo, Oklahoma is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Oklahoma state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 834 Census-designated places in Oklahoma. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Oklahoma city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Fargo, Oklahoma?
Fargo, Oklahoma has a population of 307 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Fargo, OK?
The median household income in Fargo is $70,114, which is 13% lower than the national median of $80,734.
What is the poverty rate in Fargo, OK?
The poverty rate in Fargo is 14.0%. This means approximately 43 residents live below the federal poverty line.
What is the racial makeup of Fargo, Oklahoma?
Fargo's population is 65.1% White, 0.0% Black, 30.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Fargo, OK?
The median home value in Fargo is $67,500. The home-value-to-income ratio is 1.0x.
How educated is Fargo, Oklahoma?
18.8% of adults (25+) in Fargo hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.