Fairbanks North Star Borough AK Data & Peer Group Rankings

HOUSING AFFORDABILITY INDEX
Fairbanks North Star Borough AK Housing Affordability Index is 154 State of Alaska Housing Affordability Index is 124
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.

WEALTH INDEX
Fairbanks North Star Borough AK Wealth Index is 106 State of Alaska Wealth Index is 106
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Boroughs / Census Areas (CA), and ZIP Codes.

POPULATION
Total Population	106,173
Population in Households	101,264
Population in Families	79,875
Population in Group Qrtrs	4,909
Population Density	15
Diversity Index¹	53

INCOME
Median Household Income	$79,145
Average Household Income	$98,127
Per Capita Income	$36,800
Wealth Index³	106

HOUSING
Total Housing Units	45,646 (100%)
Owner Occupied HU	24,063 (52.7%)
Renter Occupied HU	15,037 (32.9%)
Vacant Housing Units	6,546 (14.3%)
Median Home Value	$235,778
Housing Affordability Index²	154

HOUSEHOLDS
Total Households	39,100
Average Household Size	2.59
Family Households	25,134
Average Family Size	3

NOTES

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 race 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 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.

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, 2019 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.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	0.92%	0.59%
Households	0.76%	0.53%
Families	0.63%	0.44%
Median Household Income		1.45%
Per Capita Income		1.75%

Variable Description	Rank	Percentile
Total Population	# 3	93rd
Population Density	# 2	97th
Diversity Index	# 15	52nd
Median Household Income	# 6	83rd
Per Capita Income	# 8	76th

Fairbanks North Star Borough AK Information

Fairbanks North Star Borough AK Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

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

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