The Fargo-Moorhead region is not defined by any one industry but instead is a collection of thriving and diverse industry sectors.
In 2023, we ranked 72nd for industry diversity while ranking 192nd in population out of 387 metro areas across the country. Now in 2025, our metro ranks 11th out of 387 metros for industry diversity.
Industry diversity is high for Fargo, ND-MN. This means that employment is distributed more evenly between the 11 industry clusters compared to the typical Metro MSA. A region with high diversity can signal economic stability and more easily withstand economic pressures, while a region with low diversity can signal economic instability.
Fargo-Moorhead is ranked as one of the most recession-proof communities in the country.











