Fairbanks, AK demographics:
population, income, and more
Fairbanks population
How many people live in Fairbanks
Fairbanks is home to 32,083 residents, according to the most recent Census data. Gender-wise, 54.2% of Fairbanks locals are male, and 45.8% are female.
Age demographics
The median age in Fairbanks is 29, with the population distributed as follows: about 20.8% are children under 15, then 19% are in the 15 to 24 age group. Adults between 25 and 44 make up 33% of the population, while another 15.3% fall into the 45 to 64 bracket. Finally, around 11.9% are 65 or older.
Racial makeup
In Fairbanks, 88.9% of the population are US-born citizens, while 8.6% have gained naturalized citizenship. At the same time, 2.5% of residents are non-citizens. As for race, 57.7% of locals are Caucasian, 8.4% are African American and 4.2% have Asian roots. Another 8.9% are Indigenous American, 0.9% are Pacific Islanders, while 3.5% identify as another race. There’s also a share of 16.4% that includes residents with two or more races.
Households in Fairbanks
A peek inside Fairbanks households
Fairbanks has 12,071 households, with an average of 2 members in each. Of these, 61.8% are families, while the remaining 38.2% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Fairbanks
The housing landscape of Fairbanks
Fairbanks's housing consists of 13,793 units, with 33.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 13.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.4% of the housing landscape.
The age of buildings in Fairbanks
In Fairbanks, the median construction year is 1979. About 1.8% of homes were built before the 1940s, with another 3.7% going up by 1949. Most development happened in the second half of the 20th century. Then, 12% of homes were added from 2000 to 2009, 6.9% between 2010 and 2019, and 0.1% are part of the newest wave of development.
Fairbanks occupancy rates
Out of the 12,071 occupied housing units in Fairbanks, 39.8% are owner-occupied, while 60.2% are lived in by tenants. Meanwhile, 12.5% of all homes on the local market sit vacant.
Fairbanks housing costs
Housing costs in Fairbanks come to a median of $1,529 per month, while tenants specifically pay a median gross rent of $1,496.
Education in Fairbanks
Fairbanks education at a glance
About 37% of the population in Fairbanks went to high school, while 29.8% pursued college studies. Another 8.7% earned an associate degree and 16% hold a bachelor’s. Meanwhile, 6.6% went even further, earning a master’s or doctorate.
Income in Fairbanks
How much people earn in Fairbanks
The average annual household income in Fairbanks was $89,815 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1% change from the previous year. At the same time, the median income stood at $73,534, reflecting a +2% shift over the same period.
Fairbanks income by age
In Fairbanks, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $78,714. Those with someone between 45 and 64 in charge, often well established professionally, earn $76,751 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $57,054, while those led by someone over 65, many of whom may be retired, have about $83,125 in earnings. Overall, 91.4% of the locals in this community live above the poverty line.
Average renter income in Fairbanks
To get a better sense of what renters earn on average in Fairbanks, their median household income was $58,071 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 30.9%, shows what portion of their earnings goes toward housing expenses.
Employment in Fairbanks
Workforce and job types in Fairbanks
The job market in Fairbanks is powered by 12,331 working residents, spread across a range of industries and roles. 77.2% of the working population are employed in professional or administrative positions, while 22.8% are in hands-on or service-based jobs. Also, 7.9% run their own businesses, 56.4% are employed by private companies, and 22.8% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Fairbanks stands at 5.7%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Fairbanks
How people get around in Fairbanks
In Fairbanks, the average commute time is 14 minutes. Commuting methods vary: 80.3% of residents travel by personal vehicle and 9.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Fairbanks by zipcode?
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FAQs about Fairbanks demographics
What is the total population of Fairbanks?
What is the gender ratio in Fairbanks?
- 54.2% males (17,373 residents)
- 45.8% females (14,710 residents)
What is the median age in Fairbanks?
What is the age distribution of the population in Fairbanks?
- Under 15: 20.8% (6,677 residents)
- Ages 15-24: 19% (6,091 residents)
- Ages 25-44: 33% (10,595 residents)
- Ages 45-64: 15.3% (4,909 residents)
- Over 65: 11.9% (3,811 residents)
What is the racial and ethnic makeup of Fairbanks?
- White: 57.7% (18,504 residents)
- Black or African American: 8.4% (2,694 residents)
- American Indian and Alaska Native: 8.9% (2,867 residents)
- Asian: 4.2% (1,354 residents)
- Native Hawaiian and Other Pacific Islander: 0.9% (277 residents)
- Two or More Races: 16.4% (5,272 residents)
- Other: 3.5% (1,115 residents)
What percentage of the population in Fairbanks are U.S.-born citizens?
How many housing units are there in Fairbanks?
How many households are in Fairbanks and what is the average household size?
What is the median household income in Fairbanks?
What is the employment rate and job market overview for Fairbanks?
Job types:
- White-collar workers: 77.2% (9,523 residents)
- Blue-collar workers: 22.8% (2,808 residents)
Places of employment:
- Self-employed: 7.9% (976 residents)
- Private companies: 56.4% (6,949 residents)
- Governmental workers: 22.8% (2,812 residents)
- Not-for-profit companies: 12.9% (1,594 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.