Fairbanks, AK

Metropolitan Statistical Area (MSA)

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2024 Population
95,460
US Senator
Lisa Murkowski
Republican Party
US Senator
Dan Sullivan
Republican Party
US Representative
Nick Begich III
Republican Party
2024 Median Age
32.5
0.309% 1-year increase
2024 Poverty Rate
6.13%
0.673% 1-year decrease
2024 Median Household Income
$88,267
4.18% 1-year growth
2024 Median Property Value
$298,200
5.56% 1-year growth
2024 Employed Population
40,487
0.944% 1-year decline

About

None of the households in Fairbanks, AK reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

97.5% of the residents in Fairbanks, AK are U.S. citizens.

The largest universities in Fairbanks, AK are University of Alaska Fairbanks (1,127 degrees awarded in 2023).

In 2024, the median property value in Fairbanks, AK was $298,200, and the homeownership rate was 61.7%.

Most people in Fairbanks, AK drove alone to work, and the average commute time was 19.2 minutes. The average car ownership in Fairbanks, AK was 2 cars per household.

United StatesAlaska

Population & Diversity

Fairbanks, AK is home to a population of 95.5k people, from which 97.5% are citizens. As of 2024, 5.09% of Fairbanks, AK residents were born outside of the country (4.86k people).

In 2024, there were 7.09 times more White (Non-Hispanic) residents (63.8k people) in Fairbanks, AK than any other race or ethnicity. There were 8.99k Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 5.54k American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.5%
2024 Citizenship
97.6%
2023 Citizenship

As of 2024, 97.5% of Fairbanks, AK residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Fairbanks, AK was 97.6%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Fairbanks, AK compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Fairbanks, AK
  1. White (Non-Hispanic)
    63.8k ± 463
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    8.99k ± 914
  3. American Indian & Alaska Native (Non-Hispanic)
    5.54k ± 664
8.45%
Hispanic Population
8.07k people

In 2024, there were 7.09 times more White (Non-Hispanic) residents (63.8k people) in Fairbanks, AK than any other race or ethnicity. There were 8.99k Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 5.54k American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

8.45% of the people in Fairbanks, AK are hispanic (8.07k people).

The following chart shows the 8 races represented in Fairbanks, AK as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the MSA level, so we are showing data for Alaska.
Most Common Origin
  1. Philippines
    21,500 ± 3,547 people
  2. Korea
    3,560 ± 1,461 people
  3. Mexico
    3,032 ± 1,349 people

In 2023, the most common birthplace for the foreign-born residents of Alaska was Philippines, the natal country of 21,500 Alaska residents, followed by Korea with 3,560 and Mexico with 3,032.

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Foreign-Born Population

5.09%
2024 Foreign-Born Population
4.86k people
4.88%
2023 Foreign-Born Population
4.66k people

As of 2024, 5.09% of Fairbanks, AK residents (4.86k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Fairbanks, AK was 4.88%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Fairbanks, AK compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Gulf War (2001-)
    3,971 ± 579
  2. Vietnam
    1,958 ± 303
  3. Gulf War (1990s)
    1,299 ± 277

Fairbanks, AK has a large population of military personnel who served in Gulf War (2001-), 2.03 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Fairbanks, AK.

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Economy

The economy of Fairbanks, AK employs 40.5k people. In 2024, the largest industries in Fairbanks, AK were Health Care & Social Assistance (6,282 people), Retail Trade (4,470 people), and Educational Services (3,999 people), and the highest paying industries were Information ($106,250), Mining, Quarrying, & Oil & Gas Extraction ($101,803), and Agriculture, Forestry, Fishing & Hunting, & Mining ($92,368).

Employment

Occupations

40.5k
2024 Value
± 1,935
−0.944%
1 Year decline
± 7.07%

From 2023 to 2024, employment in Fairbanks, AK declined at a rate of −0.944%, from 40.9k employees to 40.5k employees.

The most common job groups, by number of people living in Fairbanks, AK, are Office & Administrative Support Occupations (4,340 people), Management Occupations (4,168 people), and Sales & Related Occupations (3,280 people). This chart illustrates the share breakdown of the primary jobs held by residents of Fairbanks, AK.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Alaska.

This chart shows weekly unemployment insurance claims in Alaska (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

40.5k
2024 Value
± 1,935
−0.944%
1 Year decline
± 7.07%

From 2023 to 2024, employment in Fairbanks, AK declined at a rate of −0.944%, from 40.9k employees to 40.5k employees.

The most common employment sectors for those who live in Fairbanks, AK, are Health Care & Social Assistance (6,282 people), Retail Trade (4,470 people), and Educational Services (3,999 people). This chart shows the share breakdown of the primary industries for residents of Fairbanks, AK, though some of these residents may live in Fairbanks, AK and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$68,885
Median earning men ± $5,013
$43,657
Median earning women ± $2,400

The industries with the best median earnings for men in 2024 are Information ($142,733), Agriculture, Forestry, Fishing & Hunting, & Mining ($100,443), and Finance & Insurance, & Real Estate & Rental & Leasing ($87,100).

The industries with the best median earnings for women in 2024 are Construction ($75,766), Public Administration ($71,367), and Information ($61,750).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Alaska.
Y-Axis
3.6%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 317k people employed in Alaska. This represents a 3.6% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 13.7%.

The following chart shows monthly employment numbers for each industry sector in Alaska.

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Establishments by Size

The industries with the most establishments
  1. 233
    Construction
  2. 165
    Other Services (except Public Administration)
  3. 158
    Health Care and Social Assistance

The visualization shows the distribution of establishments by industry and by size according to the number of employees.

The visualization shows the number of establishments and its share across establishment sizes.

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Payroll by Industry Sector

The industries with the highest total annual payroll
  1. $379k
    Health Care and Social Assistance
  2. $197k
    Retail Trade
  3. $183k
    Construction

The chart shows the total annual payroll and the average annual payroll by industry.

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Civics

In the 2024 presidential election, the popular vote in Alaska went to Donald J. Trump with 54.5% of the vote. The runner-up was Kamala Harris (41.4%), followed by Robert Kennedy (1.68%).

Lisa Murkowski and Dan Sullivan are the senators currently representing the state of Alaska. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Fairbanks, AK is currently represented by Nick Begich III in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Fairbanks, AK. Showing the available data for Alaska.
2024 Election Results
  1. Donald J. Trump (54.5%)
    Republican Party
  2. Kamala Harris (41.4%)
    Democratic Party
  3. Robert Kennedy (1.68%)
    Independent Party

In the 2024 presidential election, the popular vote in Alaska went to Donald J. Trump with 54.5% of the vote. The runner-up was Kamala Harris (41.4%), followed by Robert Kennedy (1.68%).

The following chart shows the popular vote results in Alaska for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Alaska

Senatorial voting results are only available at the state level. Showing data for Alaska.
Lisa Murkowski
Senator from Alaska3
Assumed office on December 20, 2002
Appointed to the seat following the resignation of her father Frank Murkowski, who was elected Governor of Alaska.
Dan Sullivan
Senator from Alaska2
Assumed office on January 3, 2015

Lisa Murkowski and Dan Sullivan are the senators currently representing Alaska.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Alaska over time, excluding special elections, colored by their political party.

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US Representative Elections

US Representatives from Fairbanks, AK

Nick Begich III
District at-large Representative
Republican Party

Fairbanks, AK is currently represented by Nick Begich III (Republican Party).

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the member for Fairbanks, AK have changed over time starting in 2008.

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Education

In 2023, universities in Fairbanks, AK awarded 1,127 degrees. The student population of Fairbanks, AK in 2023 is skewed towards women, with 2,529 male students and 4,111 female students.

Most students graduating from Universities in Fairbanks, AK are White (666 and 60.3%), American Indian or Alaska Native (129 and 11.7%), Two or More Races (86 and 7.78%), and Unknown (83 and 7.51%).

The largest universities in Fairbanks, AK by number of degrees awarded are University of Alaska Fairbanks (1,127 and 100%).

The most popular majors in Fairbanks, AK are General Business Administration & Management (99 and 8.78%), Liberal Arts & Sciences (72 and 6.39%), and Other Multidisciplinary Studies (52 and 4.61%).

The median tuition cost in Fairbanks, AK for a public four year colleges is $8,041 for in-state students and $23,789 for out-of-state students.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University
Measure

In 2021 in Fairbanks, AK, the percentage of applicants admitted was 64.7%, while the percentage of admitted who enrolled was 74.8%. The number of students enrolled in 2023 was 6,640 (38.1% men and 61.9% women).

The line chart  shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

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Enrollments by Gender and Races

Universities

In 2023 there were 6,640 students enrolled in Fairbanks, AK, 38.1% men and 61.9% women.

By race, the largest number of students enrolled was concentrated in White with 3,541 records, of which 59.6% were women and 40.4% men.

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Completions

Concentrations

Most Common
  1. General Business Administration & Management
    51 degrees awarded
  2. Other Multidisciplinary Studies
    45 degrees awarded
  3. General Psychology
    36 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Fairbanks, AK was General Business Administration & Management with 51 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Fairbanks, AK according to their major.

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Universities

Gender
Race
University of Alaska Fairbanks
Largest Universities by degrees awarded
1,127 degrees awarded

In 2023, the institution with the largest number of graduating students was University of Alaska Fairbanks with 1,127 degrees awarded.

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Student Diversity

University

In 2023, 443 men were awarded degrees from institutions in Fairbanks, AK, which is 0.648 times less than the 684 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 666 degrees mean that there were 5.16 times more degrees awarded to White students then the next closest race/ethnicity group, American Indian or Alaska Native, with 129 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Tuition

Average Net Price by Sector

Universities

Public, 4-year or above ($8,041) is the sector with the highest median state tuition in 2023.

Public, 4-year or above ($1,975) is the sector with the highest median state fee in 2023.

Public, 4-year or above ($2,000) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

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Housing & Living

The median property value in Fairbanks, AK was $298,200 in 2024, which is 0.896 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $282,500 to $298,200, a 5.56% increase. The homeownership rate in Fairbanks, AK is 61.7%, which is lower than the national average of 65.2%.

People in Fairbanks, AK have an average commute time of 19.2 minutes, and they drove alone to work. Car ownership in Fairbanks, AK is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$298,200
Median Property Value 2024
±$9,478
$22,424
Median Property Taxes
±$1,203

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Fairbanks, AK the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Fairbanks, AK compared to it's parent and neighbor geographies.

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Rent vs Own

61.7%
Homeownership
2024
71.1%
Homeowners with Mortgage
2024

In 2024, 61.7% of the housing units in Fairbanks, AK were occupied by their owner. This percentage declined from the previous year's rate of 61.7%.

This chart shows the percentage of owner in Fairbanks, AK compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$88,267
Median Household Income
± $4,639
36.4k
Number of Households
± 1,724

In 2024, the median household income of the 36.4k households in Fairbanks, AK grew to $88,267 from the previous year's value of $84,722.

The following chart displays the households in Fairbanks, AK distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Fairbanks, AK is from Alaska.
0.432
2023 Wage GINI in Alaska
0.436
2022 Wage GINI in Alaska

In 2023, the income inequality in Alaska was 0.432 according to the GINI calculation of the wage distribution. Income inequality had a 0.907% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Alaska was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Alaska in comparison to the national average.

This chart shows the number of workers in Alaska across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (71.5%)
  2. Carpooled (12.4%)
  3. Worked At Home (6.55%)

In 2024, 71.5% of workers in Fairbanks, AK drove alone to work, followed by those who carpooled to work (12.4%) and those who worked at home (6.55%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

19.2 minutes
Average Travel Time

Using averages, employees in Fairbanks, AK have a shorter commute time (19.2 minutes) than the normal US worker (26.4 minutes). Additionally, 1.75% of the workforce in Fairbanks, AK have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Fairbanks, AK compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Fairbanks, AK distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Fairbanks, AK have 2 cars.

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Poverty

Poverty & Diversity

6.13% of the population for whom poverty status is determined in Fairbanks, AK (5.62k out of 91.7k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 25 - 34 and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Fairbanks, AK is White, followed by Native American and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

90.7% of the population of Fairbanks, AK has health coverage, with 41.1% on employee plans, 10.7% on Medicaid, 7.77% on Medicare, 20.6% on non-group plans, and 10.6% on military or VA plans.

Primary care physicians in Alaska see 1,033 patients per year on average, which represents a 0% change from the previous year (1,033 patients). Compare this to dentists who see 954 patients per year, and mental health providers who see 131 patients per year.

By gender, of the total number of insured persons, 51.1% were men and 48.9% were women.

Coverage

Patient to Clinician Ratios

Data is only available at the state level. Showing data for Alaska.
1,033 to 1
Patient to Primary Care Physician Ratio in Alaska

Primary care physicians in Alaska see an average of 1,033 patients per year. This represents a 0% change from the previous year (1,033 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Alaska in comparison to its neighboring geographies.

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Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 27% under 18 years, 23.5% between 18 and 34 years, 35.6% between 35 and 64 years, and 13.9% over 64 years.

By gender, of the total number of insured persons, 51.1% were men and 48.9% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

9.3%
Uninsured
41.1%
Employer Coverage
10.7%
Medicaid
7.77%
Medicare
20.6%
Non-Group
10.6%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Fairbanks, AK grew by 3.84% from 8.95% to 9.3%.

The following chart shows how the percent of uninsured individuals in Fairbanks, AK changed over time compared with the percent of individuals enrolled in various types of health insurance.

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