Fairbanks

In Fairbanks North Star Borough, Alaska.

Population: 32,242
Median household income: $72,077
Median home value: $255,700

Fairbanks, a community in Fairbanks North Star Borough, Alaska, has 32,242 residents. Its median household income of $72,077 runs below the Fairbanks North Star Borough figure of $84,722.

From 2019 to 2023, Fairbanks's population grew 2.2% from 31,551 to 32,242, while its median home value rose 20.9% from $211,500 to $255,700.

The largest age group is 25 to 34, 20.9% of residents. White (non-Hispanic) residents are the largest group, 57.4% of the population.

Demographics

ACS 2019–2023

Population: 32,242
Median age: 28.6 yrs
Median household income: $72,077
Median home value: $255,700
Median gross rent: $1,470
Housing units: 13,924
Homeownership rate: 40.5%
Bachelor's degree or higher: 26.5%
Unemployment rate: 5.8%

Trends

ACS 5-year · 2019–2023

Population

31,55132,242

Median household income

$62,602$72,077

Median home value

$211,500$255,700

Median gross rent

$1,388$1,470

Year	Population	Median household income	Median home value	Median gross rent
2019	31,551	$62,602	$211,500	$1,388
2020	31,427	$64,397	$217,700	$1,327
2021	33,018	$66,572	$223,600	$1,381
2022	32,496	$69,914	$262,000	$1,404
2023	32,242	$72,077	$255,700	$1,470

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.1%

5 to 1716.7%

18 to 2416.0%

25 to 3420.9%

35 to 4410.9%

45 to 548.7%

55 to 647.1%

65 to 747.9%

75 and over3.7%

	Count	Share
Under 5	2,624	8.1%
5 to 17	5,370	16.7%
18 to 24	5,162	16.0%
25 to 34	6,751	20.9%
35 to 44	3,509	10.9%
45 to 54	2,795	8.7%
55 to 64	2,301	7.1%
65 to 74	2,544	7.9%
75 and over	1,186	3.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	18,507	57.4%
Black or African American	2,349	7.3%
American Indian & Alaska Native	2,434	7.5%
Asian	1,292	4.0%
Native Hawaiian & Pacific Islander	223	0.7%
Some other race	326	1.0%
Two or more races	3,681	11.4%
Hispanic or Latino (any race)	3,430	10.6%

Educational attainment (age 25+)

No high school diploma6.2%

High school graduate29.4%

Some college or associate's37.9%

Bachelor's degree18.2%

Graduate or professional degree8.3%

	Count	Share
No high school diploma	1,191	6.2%
High school graduate	5,617	29.4%
Some college or associate's	7,226	37.9%
Bachelor's degree	3,473	18.2%
Graduate or professional degree	1,579	8.3%

Commute to work

Mean travel time to work: 14 min

Drove alone66.1%

Carpooled15.4%

Public transit1.3%

Walked9.3%

Bicycle1.5%

Worked from home5.2%

Other means1.2%

How workers get to work

	Count	Share
Drove alone	10,918	66.1%
Carpooled	2,548	15.4%
Public transit	209	1.3%
Walked	1,542	9.3%
Bicycle	246	1.5%
Worked from home	857	5.2%
Other means	197	1.2%

Travel time

	Count	Share
Under 15 min	9,346	59.7%
15 to 29 min	5,017	32.0%
30 to 44 min	811	5.2%
45 to 59 min	123	0.8%
60+ min	363	2.3%

Households

Average household size: 2.41
Poverty rate: 9.6% (2,851 of 29,711)

	Count	Share
Family households	7,638	62.6%
Nonfamily households	4,565	37.4%

Housing

Median year structure built: 1979

Occupancy

	Count	Share
Occupied	12,203	87.6%
Vacant	1,721	12.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	4,941	40.5%
Renter-occupied	7,262	59.5%

1-unit, detached33.2%

1-unit, attached14.8%

2 to 4 units20.5%

5 to 19 units15.6%

20 or more units14.9%

Mobile home & other1.0%

Units in structure

	Count	Share
1-unit, detached	4,620	33.2%
1-unit, attached	2,054	14.8%
2 to 4 units	2,855	20.5%
5 to 19 units	2,178	15.6%
20 or more units	2,079	14.9%
Mobile home & other	138	1.0%

Geography

Place GEOID: 0224230
Type (LSAD): 25
Land area: 32 sq mi
Water area: 0.83 sq mi
Center point: 64.8365, -147.6517