Fairbanks North Star Borough AK Information

Advertisement

Fairbanks North Star Borough Subdivisions

Fairbanks North Star Borough AK Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 94,506 (100%)
Population in Households 90,521 (95.8%)
Population in Families 71,055 (75.2%)
Population in Group Quarters1 3,985 ( 4.2%)
Population Density 13
Diversity Index2 58
 
 

INCOME

Median Household Income $73,681
Average Household Income $102,802
% of Income for Mortgage4 22%
Per Capita Income $40,044
Wealth Index5 87
Socioeconomic Status Index6 Moderate (51.6)
 

HOUSING

Total HU (Housing Units) 42,893 (100%)
Owner Occupied HU 22,331 (52.1%)
Renter Occupied HU 14,181 (33.1%)
Vacant Housing Units 6,381 (14.9%)
Median Home Value $269,113
Average Home Value $281,380
Housing Affordability Index3 105
 

HOUSEHOLDS

Total Households 36,512
Average Household Size 2.48
Family Households 22,673
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.37% -0.23%
Households -0.01% 0.15%
Families   0.02%
Median Household Income   1.01%
Per Capita Income   2.31%
Owner Occupied HU   0.64%

Advertisement

Fairbanks North Star Borough AK - Peer Comparisons by Rank and Percentile

The table below compares Fairbanks North Star Borough to the other 30 boroughs / census areas (ca) and borough equivalents in Alaska by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 3 93rd
Population Density # 2 97th
Median Household Income # 12 63rd
Housing Affordability Index # 15 50th
Per Capita Income # 12 63rd
Diversity Index # 15 57th

Additional comparisons and rankings can be made with a VERY EASY TO USE Alaska Census Data Comparison Tool.

Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Alaska Census Data Comparison Tool

Compare Alaska July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.


Advertisement