What is the Best Neighborhoods USA ranking for The District?
The District is ranked #32 of 35 eligible neighborhoods in Fargo; #33 of 36 eligible neighborhoods in ND; and #8,608 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
The District
Fargo, ND | Cass County
Scored premium profile
Best Neighborhoods USA Index
47.3
Stability and Strength
39.8
Value Opportunity
32.8
Momentum
79.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Fargo, ND |
| County | Cass County |
| National rank | #8,608 of 14,967 |
| State rank | #33 of 36 |
| City rank | #32 of 35 |
| County rank | #32 of 35 |
| National percentile | 42.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $492,038 |
| Year-over-year home value change | 4.1% |
| Month-over-month home value change | 0.34% |
| Home value to income ratio | 10.97 |
| Median household income | $44,850 |
| Bachelor's degree or higher | 65.9% |
| Civilian unemployment rate | 8.7% |
| Homeownership rate | 41.5% |
| Housing vacancy rate | 1.8% |
| Rent burden 30% or higher | 61.2% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in The District
Is The District one of the best neighborhoods in Fargo?
The District has a Best Neighborhoods USA Index of 47.3 and a city ranking of #32 of 35 eligible neighborhoods in Fargo.
How much are homes worth in The District?
The current Zillow Home Value Index for The District is approximately $492,038.
Are home values rising or falling in The District?
Zillow neighborhood values changed 4.1% year over year and 0.34% month over month.
What is the Neighborhood Momentum Score for The District?
The District has a Neighborhood Momentum Score of 79.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in The District?
The NDS-derived neighborhood median household income is approximately $44,850.
How affordable is The District relative to household income?
The current Zillow home-value-to-household-income ratio is 10.97. Price-to-income affordability is a major Value Opportunity input.
Is The District primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 41.5%.
What is the unemployment rate in The District?
The NDS-derived civilian unemployment rate is approximately 8.7%.
How educated are residents of The District?
Approximately 65.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in The District face high rent burden?
Approximately 61.2% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score The District?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications9
Estimated originations7
Home-purchase applications6
Origination rate77.9%
Home-purchase share68.7%
Average application loan$283,787
Total application loan amount$2,501,399
National application rank#12,798 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.1% YoY; originations 11.1% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.