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This question is about Fargo, ND.
What is a good salary in Fargo, ND?
A good salary in Fargo, ND is anything over $45,000. That's because the median income in Fargo is $45,000, which means if you earn more than that you're earning more than 50% of the people living in Fargo. The average salary in Fargo is $52,537.
A good hourly wage in Fargo is $21.63 per hour. That works out to a good weekly wage of $865 per week and a good monthly wage of $3,750 per month. However, using the median income is only one way to calculate a good salary in Fargo.
Another way to calculate a good salary in Fargo is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $212,100, a good salary in Fargo would be $42,420.
Lastly, we can determine a good salary in Fargo by looking at the cost of living and comparing it to the US average salary. The cost of living in Fargo is 3% lower than than the national average. The national average salary is $56,310, so a good salary in Fargo is anything over $54,620 by this measure.
Average Annual Salary in Fargo, ND
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $31,000 | $2,583 | $596 | $14.9 |
| Median | $45,000 | $3,750 | $865 | $21.63 |
| 75th | $65,000 | $5,416 | $1,250 | $31.25 |
| 90th | $90,000 | $7,500 | $1,730 | $43.27 |
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