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-College, AK are University of Alaska Fairbanks (1,136 degrees awarded in 2024).

    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.

    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.

    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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    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
      20,816 ± 3,492 people
    2. Korea
      3,557 ± 1,461 people
    3. Mexico
      3,217 ± 1,389 people

    In 2024, the most common birthplace for the foreign-born residents of Alaska was Philippines, the natal country of 20,816 Alaska residents, followed by Korea with 3,557 and Mexico with 3,217.

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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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    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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    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.

    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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    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).

    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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    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.

    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 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 2024, universities in Fairbanks, AK awarded 1,136 degrees. The student population of Fairbanks, AK in 2024 is skewed towards women, with 2,680 male students and 4,213 female students.

    Most students graduating from Universities in Fairbanks, AK are White (620 and 56.6%), American Indian or Alaska Native (134 and 12.2%), Two or More Races (112 and 10.2%), and Hispanic or Latino (97 and 8.85%).

    The largest universities in Fairbanks, AK by number of degrees awarded are University of Alaska Fairbanks (1,136 and 100%).

    The most popular majors in Fairbanks-College, AK are General Business Administration & Management (110 and 9.68%), Wildlife, Fish, & Wildlands Science (65 and 5.72%), and Liberal Arts & Sciences (64 and 5.63%).

    The median tuition cost for a public four year colleges is $8,072 for in-state students and $23,881 for out-of-state students.

    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 2024 was 6,893 (38.9% men and 61.1% 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 2024 there were 6,893 students enrolled in Fairbanks, AK, 38.9% men and 61.1% women.

    By race, the largest number of students enrolled was concentrated in White with 3,693 records, of which 59.2% were women and 40.8% men.

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    Concentrations

    Most Common
    1. 43 degrees awarded
    2. 40 degrees awarded
    3. 40 degrees awarded

    In 2024, the most common concentation for Bachelors Degree recipients in Fairbanks-College, AK was General Business Administration & Management with 43 degrees awarded.

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

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    Universities

    Gender
    Race
    Largest Universities by degrees awarded
    1,136 degrees awarded

    In 2024, the institution with the largest number of graduating students was University of Alaska Fairbanks with 1,136 degrees awarded.

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    Student Diversity

    University

    In 2024, 484 men were awarded degrees from institutions in Fairbanks, AK, which is 0.742 times less than the 652 female students who received degrees in the same year.

    In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 620 degrees mean that there were 4.63 times more degrees awarded to White students then the next closest race/ethnicity group, American Indian or Alaska Native, with 134 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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    Average Net Price by Sector

    Universities

    Public, 4-year or above ($8,072) is the sector with the highest median state tuition in 2024.

    Public, 4-year or above ($2,011) is the sector with the highest median state fee in 2024.

    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.

    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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    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.
    0.437
    2024 Wage GINI in Alaska
    0.432
    2023 Wage GINI in Alaska

    In 2024, the income inequality in Alaska was 0.437 according to the GINI calculation of the wage distribution. Income inequality had a 1.31% growth from 2023 to 2024, which means that wage distribution grew somewhat less even. The GINI for Alaska was lower than than the national average of 0.474. 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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    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 & 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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