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Fairbanks, Alaska

city · Fairbanks North Star Borough

At a glance

32,083
Population
$268,400
Median home value (all homes)
12% below U.S. median
$310,893
Typical market value
Zillow, 2026-07
$1,496/mo
Median rent
11% above U.S. median
$73,534
Median household income
6% below U.S. median
14.5 min
Average commute
88.3%
Homes with broadband
26.06%
Locations with fiber available
5.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 96 — 4% below the national average. how it's computed

Housing6% above
Goods & services5% above
Utilities28% above
Taxes90% below
Insurance26% below
Commute cost27% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Alaska is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
Nearest 4-year college3 mi
Nearest community college262 mi
Nearest technical college332 mi
High school graduates94.1%
College graduates26.2%

Doing business here

Economic development contacts, most local first:

state Alaska Industrial Dev and Export Authority
Alaska Industrial Development and Export Authority (AIDEA) is a public corporation of the State of Alaska focused on promoting economic growth and diversification by financing industrial, energy, export, and related facilities. It finances a broad variety of commercial, community and non-profit enterprises in Alaska and operates development finance programs to support job creation and economic development.
state University of Alaska Center for Economic Development
The University of Alaska Center for Economic Development (CED) is a university-based partnership promoted by the University of Alaska Anchorage Business Enterprise Institute and designated as one of 52 University Centers by the U.S. Economic Development Administration. CED leverages the resources of the university system to support economic growth in Alaska, providing information and data, and implementing projects and programs that promote economic development across the state.
State sales taxNone
State income taxNone
Right-to-work stateNo

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