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CITY · 2020 ACS

Fairbanks

Alaska · 32,515 residents · 31.746 sq mi
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The short version

Fairbanks has roughly average household income, with a median household income of $64,397. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $217,700. At a median age of 28.3, residents skew younger than the country as a whole.

At a glance
Average income
near the US median
US median: $66,278
Younger
median age 28.3
US median: 38.8
Less educated
27% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
32,515
+8%since 2000
from 30,224 in 2000
1990 – 2025
Population density
1,024 / sq mi
+8%since 2000
from 952 / sq mi in 2000
US average: 280
Median age
28.3
+3%since 2000
from 27.6 in 2000
US average: 38.8
Population, 1990 – 2024
30K31K32K34K35K1990201020202024Fairbanks
202432K
1990201020202024
Section 02

Income & economy

Median household income
$64,397
+6%inflation adjusted, since 2000
from $40,577 in 2000
US average: $66,278
1990 – 2024
Per capita income
$31,455
+59%since 2000
from $19,814 in 2000
US average: $35,364
Households earning $100K+
43.0%
+11.0 ptssince 2009
from 32.0% in 2009
US average: 43.9%
Poverty rate
9.3%
−1.2 ptssince 2000
from 10.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14.4%
US avg: 11.1%
Wholesale trade7.2%
US avg: 6.7%
Finance & insurance6%
US avg: 5.5%
Agriculture, forestry, fishing5.5%
US avg: 1.7%
Other services4.9%
US avg: 6.6%
Professional, scientific, technical4.5%
US avg: 4.7%
Manufacturing3.6%
US avg: 0.5%
Arts, entertainment, food2.5%
US avg: 2%
Public administration2.2%
US avg: 4.7%
Transportation & warehousing2.2%
US avg: 2.5%
Construction1.9%
US avg: 1.2%
Education & health services1.5%
US avg: 0.8%
Retail trade1.4%
US avg: 10%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$217,700
+14%inflation adjusted, since 2000
from $127,000 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,327
+30%inflation adjusted, since 2000
from $680 in 2000
US average: $1,124
Owner-occupied
36.0%
+1.1 ptssince 2000
from 34.9% in 2000
64.0% rent
Afford Score
3.4
+8%since 2000
from 3.1 in 2000
1990 – 2024
RELATED:See current rent listings in Fairbanks on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic64.2%(19,406)
Black10.9%(3,291)
Hispanic / Latino6.1%(1,854)
Asian2.7%(805)
Other0%
Diversity Score48.9%(14,774)
2020
White, non-Hispanic53.1%(17,275)
Black7.7%(2,508)
Hispanic / Latino11.4%(3,720)
Asian4.7%(1,532)
Other17.2%(5,592)
Diversity Score78.1%(25,384)
Diversity Score
78
+60%since 2000
from 49 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.8%
+7.5 ptssince 2000
from 19.4% in 2000
US average: 32.9%
High school or higher
93.2%
+4.3 ptssince 2000
from 88.9% in 2000
US average: 88.5%
Graduate degree
9.3%
+2.6 ptssince 2000
from 6.7% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
14.1 min
+59%since 2000
from 8.9 min in 2000
US average: 26.9
Drive alone to work
69.0%
+4.9 ptssince 2009
from 64.1% in 2009
US average: 75.1%
No vehicle available
7.8%
−3.2 ptssince 2009
from 11.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
8.3%
+0.2 ptssince 2011
from 8.1% in 2011
US average: 5.4%
Labor force participation
70.9%
−0.8 ptssince 2011
from 71.7% in 2011
US average: 63.4%
Management & professional
32.2%
−28.2 ptssince 2009
from 60.4% in 2009
US average: 39.3%
Section 08

People & community

Male
53.1%
−0.8 ptssince 2009
from 53.9% in 2009
Female
46.9%
+0.8 ptssince 2009
from 46.1% in 2009
Foreign born
6.4%
+0.7 ptssince 2009
from 5.8% in 2009
US average: 13.5%
Uninsured
7.1%
−77.3 ptssince 2013
from 84.4% in 2013
US average: 8.8%
Drill deeper

Places similar to Fairbanks

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Pop 30,344
Sun City Center
Pop 33,548
Lake Magdalene
Pop 32,083
Venice
Pop 30,477
Places similar to Fairbanks
Head to head

Compare Fairbanks to nearby cities

FAIRBANKS VS
College
Income$83,895+30%
Home value$297,500+37%
Population11,924−62%
SEE FULL COMPARISON →
FAIRBANKS VS
Badger
Income$97,183+51%
Home value$310,600+43%
Population18,677−41%
SEE FULL COMPARISON →
Frequently asked

How many people live in Fairbanks, Alaska?

Fairbanks, Alaska has about 32,515 residents according to the 2020 American Community Survey.

What is the median household income in Fairbanks, Alaska?

The typical household in Fairbanks, Alaska earns about $64,397 a year. Half of households make more than that, and half make less.

Is Fairbanks, Alaska expensive?

In Fairbanks, Alaska, the median home is worth about $217,700, and the typical rent is about $1,327 a month.

How educated are people in Fairbanks, Alaska?

About 26.8% of adults age 25 and over in Fairbanks, Alaska hold a bachelor's degree or higher.

What is the poverty rate in Fairbanks, Alaska?

About 9.3% of people in Fairbanks, Alaska live below the federal poverty line.

Has Fairbanks, Alaska grown since 1990?

Yes, Fairbanks, Alaska has grown since 1990. The population has added about 1,672 residents, a change of about 5 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →