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Fargo Housing, Costs

Monthly Fargo housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

15,392

100.0%

 

 

 

With a mortgage

11,841

76.9%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

15

0.1%

$300 - $399 monthly

46

0.4%

$400 - $499 monthly

318

2.7%

$500 - $599 monthly

726

6.1%

$600 - $699 monthly

1,038

8.8%

$700 - $799 monthly

1,436

12.1%

$800 - $899 monthly

1,447

12.2%

$900 - $999 monthly

1,429

12.1%

$1,000 - $1,499 monthly

3,437

29.0%

$1,500 - $1,999 monthly

1,147

9.7%

$2,000 - $2,499 monthly

437

3.7%

$2,500 - $2,999 monthly

211

1.8%

$3,000 or more monthly

154

1.3%

Median in dollars

963

 

 

 

 

Without a mortgage

3,551

23.1%

Less than $100 monthly

8

0.2%

$100 - $149 monthly

49

1.4%

$150 - $199 monthly

118

3.3%

$200 - $249 monthly

328

9.2%

$250 - $299 monthly

494

13.9%

$300 - $399 monthly

1,429

40.2%

$400 - $499 monthly

679

19.1%

$500 - $699 monthly

285

8.0%

$700 or more monthly

161

4.5%

Median in dollars

348

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

11,841

76.9%

Less than 20%

5,654

47.7%

20 - 24%

2,623

22.2%

25 - 29%

1,465

12.4%

30 - 34%

765

6.5%

35% or more

1,326

11.2%

Not computed

8

0.1%

Median

20.5%

 

 

 

 

Without a mortgage

3,551

23.1%

Less than 20%

2,957

83.3%

20 - 24%

157

4.4%

25 - 29%

116

3.3%

30 - 34%

59

1.7%

35% or more

236

6.6%

Not computed

26

0.7%

Median

10.0%

 





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