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Fairbanks city, Alaska

City

Population: 32,242 (2023 estimate)

Located in Alaska , Alaska

Census Bureau data for Fairbanks city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Fairbanks city

What is the median household income in Fairbanks city?
The median household income in Fairbanks city is $72,077 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Fairbanks city?
The poverty rate in Fairbanks city is 5.2% (U.S. Census Bureau ACS 2023).
What is the median home value in Fairbanks city?
$255,700 (U.S. Census Bureau ACS 2023).
What is the average rent in Fairbanks city?
The median gross rent in Fairbanks city is $1,470 per month (U.S. Census Bureau ACS 2023).
What percentage of Fairbanks city residents have a college degree?
26.5% of adults in Fairbanks city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
32,242
Median Income
$72,077
Median Home Value
$255,700
Poverty Rate
5.2%
Unemployment (ACS 2023)
5.8%
Median Age
28.0 yrs
Since 2019 Median Income: +$9,475 (+15.1%) Home Value: +$44,200 (+20.9%) Poverty Rate: -2.1 pp (-28.8%) Bachelor's+: -0.7 pp (-2.6%) Unemployment: -1.9 pp (-24.7%)

Demographics

Total Population 32,242
Median Age 28.0
Female 46.3%
Race & Ethnicity
Hispanic or Latino 10.6% White (non-Hisp.) 57.4% Black 7.4% Asian 4.0% Two or More 16.1% Other 3.3%
Asian Subgroups (% of total pop.)
Korean
1.6%
Filipino
1.3%
Chinese
0.5%
Japanese
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
6.6%
Puerto Rican
2.0%
Cuban
0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $72,077 ±$5,264
-$17,259 vs. state
Per Capita Income $84,129
Median Family Income $83,664
Poverty Rate 5.2%
-1.6 pp vs. state
Child Poverty Rate 6.4%
Working-Age Poverty Rate
SNAP Recipients 11.2%
Social Security Income
Retirement Income 18.5%
Household Income Distribution
< $10k
5.6%
$10–15k
1.6%
$15–25k
5.9%
$25–35k
5.7%
$35–50k
13.2%
$50–75k
19.9%
$75–100k
14.5%
$100–150k
20.2%
$150–200k
8.2%
$200k+
5.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 13,924
Owner-Occupied 40.5%
Renter-Occupied 59.5%
Vacancy Rate 12.4%
Median Home Value $255,700
-$77,600 vs. state
Median Gross Rent $1,470
Owner Cost Burden (30%+) 25.6%
Renter Cost Burden (30%+) 42.6%
Home Value Distribution
< $50k
6.6%
$50–100k
3.1%
$100–200k
5.2%
$200–300k
36.6%
$300–500k
31.4%
$500k–$1M
3.2%
$1M+
0.7%
Gross Rent Distribution
< $500
4.5%
$500–1k
14.8%
$1–1.5k
32.9%
$1.5–2k
23.2%
$2–2.5k
15.8%
$2.5–3.5k
7.6%
$3.5k+
1.2%
Vehicle Availability
No vehicle
8.5%
1 vehicle
42.0%
2 vehicles
36.5%
3+
13.0%
Housing Type
Single-fam. det.
33.2%
Single-fam. att.
14.8%
2–4 units
6.7%
5–19 units
10.5%
20+ units
14.9%
Mobile home
0.6%
Housing Age
Pre-1940
2.1%
1940–1969
3.1%
1970–1999
22.5%
2000–2009
12.3%
2010+
7.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.8%
Bachelor's or Higher 26.5%
-4.7 pp vs. state
Graduate Degree 8.3%
Some College / Associate 28.6%
Less Than High School 2.7%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 70.8%
Unemployment Rate 5.8%
+0.0 pp vs. state
Work from Home 5.2%
Self-Employed 5.1%
Government Workers 23.2%
Private For-Profit 71.5%
Industry
Edu/Health
28.8%
Retail
13.5%
Arts/Entmt.
10.8%
Transportation
9.4%
Public Admin
7.8%
Prof. Services
6.3%
Finance
5.5%
Construction
4.9%
Agriculture
3.6%
Information
1.7%
Wholesale
1.6%
Manufacturing
1.5%
Occupation
Management
33.7%
Sales
22.7%
Food Prep
21.8%
Production
13.2%
Construction
8.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 14.1 min
Drove Alone 66.1%
Carpool 15.4%
Public Transit 1.3%
Work from Home 5.2%
Walked 9.3%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 12,203
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 45.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 21.2%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
8.1%
5–9
7.9%
10–14
5.8%
15–19
5.4%
20–24
13.6%
25–34
20.9%
35–44
10.9%
45–54
8.7%
55–64
4.0%
65–74
3.2%
75–84
7.9%
85+
2.8%
Under 18: 24.8% Working age (18–64): 75.2% 65 and over: 11.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 6.8%
Naturalized Citizen 62.6%
Speaks English Less Than Very Well 5.2%
Foreign-Born Origin
Asia
46.5%
Africa
16.2%
Latin America
14.5%
Europe
12.5%

Veterans & Disability

Veteran 10.7%
With a Disability 14.9%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 90.4%
Uninsured 9.6%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 87.4%
Has a Computer 96.8%
Same House 1 Year Ago 77.1%
Moved from Abroad 2.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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