Fargo-Moorhead, the metropolitan statistical area straddling North Dakota and Minnesota, has seen the quickest growth in land value in the Upper Midwest for the span of years between 2012 and 2017.
"Land values in Fargo-Moorhead rose 74 percent from 2012 to 2017, from $138,000 per acre to $241,000 per acre, outpacing rates of increase in the Twin Cities (42 percent) and other Midwestern cities — as well as Santa Barbara, California (67 percent), Austin, Texas (68 percent) and Denver, Colorado (62 percent)," reports Greta Kaul.
Kaul is sharing data found in the new "The State of the Nation's Housing" report published by the Joint Center for Housing Studies of Harvard University. The Fargo-Moorhead area is exceedingly conspicuous on this interactive map of residential land value increases created for the report.
When tracing the causes of the boom in residential land value, Kaul credits more jobs, thanks to the region's universities, the tech industry ("Unbeknownst to many outsiders, Fargo is also home to one of Microsoft’s biggest corporate campuses outside suburban Seattle"), and agriculture. Those jobs have attracted more people, and residential land values have responded.
FULL STORY: What’s behind Fargo-Moorhead’s boom?
The 'Mountain Lion' Cities Rising in the U.S. West
An economist identifies the growth in nine U.S. cities—scattered from Utah to Texas, Arizona, Washington, and Idaho—as similar to the economic power generated in parts of Asia.
Major U.S. Metro Areas in a Transition Period, According to Census Analysis
The nation's growth slowed from 2010 and 2020, according to 2020 Census data, and demographers are still trying to figure out what population trends mean for the future of country's major metropolitan areas.
Census: Big Cities Lost Population During the Pandemic
For the first time in at least three decades, major metropolitan areas in the U.S. showed negative population growth during the peak of the COVID-19 pandemic.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Test News Post 1
This is a summary
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
Test News Headline 46
Test for the image on the front page.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service