Fairbanks North Star Borough AK Data & Peer Group Rankings

Fairbanks North Star Borough AK Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	104,081 (100%)
Population in Households	99,265 (95.4%)
Population in Families	78,161 (75.1%)
Population in Group Quarters¹	4,816 ( 4.6%)
Population Density	14
Diversity Index²	54


INCOME
Median Household Income	$75,334
Average Household Income	$97,815
% of Income for Mortgage⁴	14%
Per Capita Income	$36,990
Wealth Index⁵	100

HOUSING
Total HU (Housing Units)	45,646 (100%)
Owner Occupied HU	22,242 (48.7%)
Renter Occupied HU	16,676 (36.5%)
Vacant Housing Units	6,728 (14.7%)
Median Home Value	$249,314
Average Home Value	$268,974
Housing Affordability Index³	158

HOUSEHOLDS
Total Households	38,918
Average Household Size	2.55
Family Households	24,880
Average Family Size	3

NOTES

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.
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.
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.
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).
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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.63%	-0.04%
Households	0.64%	-0.02%
Families	0.46%	-0.14%
Median Household Income		0.67%
Per Capita Income		1.71%
Owner Occupied HU		0.19%

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

The table below compares Fairbanks North Star Borough to the other 29 boroughs / census areas (ca) and borough equivalents in Alaska by rank and percentile using July 1, 2020 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	# 7	79th
Housing Affordability Index	# 14	48th
Per Capita Income	# 9	72nd
Diversity Index	# 15	52nd

Variable Description

Rank

Percentile

Total Population

# 3

93rd

Population Density

# 2

97th

Median Household Income

# 7

79th

Housing Affordability Index

# 14

48th

Per Capita Income

# 9

72nd

Diversity Index

# 15

52nd

Alaska Census Data Comparison Tool

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Fairbanks North Star Borough AK Information

Fairbanks North Star Borough AK Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

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

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