Realtor October 17, 2024
Buyer
The city of Fargo, ND, found fame through the Oscar-winning movie and subsequent TV series it inspired.
Now, the city has ranked No. 1 on America’s Next Boomtowns list from 24/7 Wall St.
Extrapolating from population patterns analyzed in Nature.com, 24/7 Wall St. concluded that Fargo’s population will increase by 78.8% in the next 26 years—going from 125,990 in 2020 to 225,278 in 2050. It also predicted Fargo’s population will soar by an astronomical 238% in the next 76 years—going from 125,990 in 2020 to 428,966 by 2100.
Fargo locals agree that the city is poised for a surge in popularity.
“Fargo is the state’s largest city, and it only continues to grow as more and more young people and families choose to call Fargo home,” says Jayci Altenbernd, digital marketing manager at Visit Fargo-Moorhead.
Affordability is a big draw for settlers in Fargo. A recent Realtor.com® analysis ranked North Dakota No. 6 among the Top 10 States With the Lowest Cost of Living.
There are currently 964 homes for sale in Fargo, with the median list price hitting $389,900 in August. That’s $36,000 less than the national median.
Fargo’s thriving job market also draws people to the area: It’s a growing tech hub with a bustling Microsoft campus in the city’s center and a 1.2-million-square-foot Amazon distribution center. Its Fargo Innovation Hub is dedicated to advancing startups and entrepreneurialism.
Curious about the other places that made the rankings of America’s Top Boomtowns? Take a gander at the additional cities that made the top 10—five of which are in Texas alone.
Population in 2020: 139,869
Population forecast in 2100: 424,821
Percentage increase: 201.6%
Population in 2020: 120,511
Population forecast in 2100: 337,237
Percentage increase: 177.8%
Population in 2020: 111,026
Population forecast in 2100: 304,057
Percentage increase: 172.0%
Population in 2020: 200,509
Population forecast in 2100: 539,938
Percentage increase: 167.5%
Population in 2020: 169,810
Population forecast in 2100: 409,270
Percentage increase: 139.6%
Population in 2020: 119,468
Population forecast in 2100: 284,951
Percentage increase: 137.0%
Population in 2020: 152,769
Population forecast in 2100: 345,753
Percentage increase: 124.9%
Population in 2020: 291,082
Population forecast in 2100: 644,626
Percentage increase: 119.9%
Population in 2020: 106,785
Population forecast in 2100: 235,827
Percentage increase: 119.5%
Stay up to date on the latest real estate trends.
December 27, 2024
December 26, 2024
If someone asked you which option would make for the most pleasant train ride possible which would you choose—spending your commute keeping to yourself or striking up … Read more
December 26, 2024
The total share of mortgages in forbearance increased to 0.50% in November, up from 0.47% in October.
December 26, 2024
There’s no doubt that owning a home comes with significant financial benefits.
December 25, 2024
Have you ever thought about packing up and moving to be closer to the people who mean the most to you?
December 25, 2024
Building equity in your house is one of the biggest financial advantages of homeownership.
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today