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Fairbanks-College, AK Metro Area

Metro Area

Population: 95,555 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

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

Quick Facts — Fairbanks-College, AK Metro Area

What is the median household income in Fairbanks-College, AK Metro Area?
The median household income in Fairbanks-College, AK Metro Area is $84,722 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Fairbanks-College, AK Metro Area?
The poverty rate in Fairbanks-College, AK Metro Area is 2.8% (U.S. Census Bureau ACS 2023).
What is the median home value in Fairbanks-College, AK Metro Area?
$282,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Fairbanks-College, AK Metro Area?
The median gross rent in Fairbanks-College, AK Metro Area is $1,424 per month (U.S. Census Bureau ACS 2023).
What percentage of Fairbanks-College, AK Metro Area residents have a college degree?
33.7% of adults in Fairbanks-College, AK Metro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
95,555
Median Income
$84,722
Median Home Value
$282,500
Poverty Rate
2.8%
Unemployment (ACS 2023)
4.9%
Median Age
32.0 yrs
Since 2019 Median Income: +$7,730 (+10%) Home Value: +$42,500 (+17.7%) Poverty Rate: -1.8 pp (-39.1%) Bachelor's+: +2.3 pp (+7.3%) Unemployment: -1.6 pp (-24.6%)

Demographics

Total Population 95,555
Median Age 32.0
Female 45.7%
Race & Ethnicity
Hispanic or Latino 8.2% White (non-Hisp.) 67.5% Black 3.8% Asian 2.9% Two or More 13.6% Other 2.0%
Asian Subgroups (% of total pop.)
Filipino
0.9%
Korean
0.9%
Chinese
0.4%
Japanese
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
4.9%
Puerto Rican
1.2%
Cuban
0.1%

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

Income & Poverty

Median Household Income $84,722 ±$5,460
Per Capita Income $102,942
Median Family Income $105,862
Poverty Rate 2.8%
Child Poverty Rate 3.7%
Working-Age Poverty Rate
SNAP Recipients 6.5%
Social Security Income
Retirement Income 23.5%
Household Income Distribution
< $10k
3.7%
$10–15k
2.0%
$15–25k
4.5%
$25–35k
5.2%
$35–50k
10.6%
$50–75k
16.2%
$75–100k
15.4%
$100–150k
18.7%
$150–200k
10.2%
$200k+
13.5%

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

Housing

Total Housing Units 42,695
Owner-Occupied 61.7%
Renter-Occupied 38.3%
Vacancy Rate 15.3%
Median Home Value $282,500
Median Gross Rent $1,424
Owner Cost Burden (30%+) 21.1%
Renter Cost Burden (30%+) 39.0%
Home Value Distribution
< $50k
4.9%
$50–100k
3.9%
$100–200k
5.6%
$200–300k
33.3%
$300–500k
36.9%
$500k–$1M
7.0%
$1M+
0.4%
Gross Rent Distribution
< $500
3.8%
$500–1k
19.5%
$1–1.5k
32.1%
$1.5–2k
23.4%
$2–2.5k
14.5%
$2.5–3.5k
5.5%
$3.5k+
1.2%
Vehicle Availability
No vehicle
4.9%
1 vehicle
31.0%
2 vehicles
40.7%
3+
23.4%
Housing Type
Single-fam. det.
59.9%
Single-fam. att.
9.5%
2–4 units
5.8%
5–19 units
5.4%
20+ units
5.7%
Mobile home
2.9%
Housing Age
Pre-1940
0.9%
1940–1969
1.4%
1970–1999
23.5%
2000–2009
15.5%
2010+
8.2%

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

Education

High School or Higher 94.9%
Bachelor's or Higher 33.7%
Graduate Degree 13.9%
Some College / Associate 25.5%
Less Than High School 1.7%
Enrolled in School

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

Employment

Labor Force Participation 68.7%
Unemployment Rate 4.9%
Work from Home 6.4%
Self-Employed 6.6%
Government Workers 24.9%
Private For-Profit 68.4%
Industry
Edu/Health
26.7%
Retail
9.8%
Arts/Entmt.
9.7%
Public Admin
9.2%
Transportation
8.9%
Prof. Services
8.7%
Construction
7.8%
Finance
5.0%
Agriculture
4.6%
Manufacturing
2.3%
Information
1.7%
Wholesale
1.6%
Occupation
Management
40.3%
Sales
19.3%
Food Prep
18.7%
Production
11.7%
Construction
9.9%

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

Commute

Median Travel Time 19.9 min
Drove Alone 72.5%
Carpool 12.4%
Public Transit 0.9%
Work from Home 6.4%
Walked 5.5%
Bicycle

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

Households & Families

Total Households 36,176
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 52.2%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 21.4%
Multigenerational

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

Age Distribution

Under 5
7.1%
5–9
7.0%
10–14
6.4%
15–19
5.9%
20–24
9.5%
25–34
17.8%
35–44
13.4%
45–54
10.2%
55–64
5.2%
65–74
5.2%
75–84
8.4%
85+
3.2%
Under 18: 23.9% Working age (18–64): 76.1% 65 and over: 12.2%

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

Social Characteristics

Immigration

Foreign Born 5.1%
Naturalized Citizen 53.1%
Speaks English Less Than Very Well 2.6%
Foreign-Born Origin
Asia
39.1%
Europe
21.7%
Latin America
16.4%
Africa
8.9%

Veterans & Disability

Veteran 14.1%
With a Disability 13.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 91.0%
Uninsured 9.0%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 90.6%
Has a Computer 98.1%
Same House 1 Year Ago 82.2%
Moved from Abroad 1.2%

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