Knik-Fairview, AK Profile: Facts & Data

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Knik-Fairview, Alaska - Basic Facts

The Knik-Fairview CDP(1) had a population of 18,563 as of July 1, 2021. Knik-Fairview ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Alaska. See peer rankings below.

The primary coordinate point for Knik-Fairview is located at latitude 61.5081 and longitude -149.6254 in Matanuska-Susitna Borough. The formal boundaries for the Knik-Fairview Census Designated Place encompass a land area of 83.1 sq. miles and a water area of 1.16 sq. miles.

The Knik-Fairview Census Designated Place has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Knik-Fairview Census Designated Place is located within the Matanuska-Susitna Census Subarea of Matanuska-Susitna Borough. Census subareas are statistical subdivisions of the county equivalents used in Alaska (boroughs, city and boroughs, municipalities, and census areas) and are the statistical equivalent of Micro Civil Divisions (MCDs) used in other states.

Alternate Unofficial Names for Knik-Fairview: Knik-Fairview CDP.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Knik-Fairview 2021 Demographic Data
  2. Growth Rates for Knik-Fairview (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Alaska Research Tools (Easy Tools & Current Data)
  3. Alaska Data Comparison Tool - 2021 Demographics
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Knik-Fairview, AK Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 18,563 (100%)
Population in Households 18,421 (99.2%)
Population in Families 15,555 (83.8%)
Population in Group Quarters1 142 ( 0.8%)
Population Density 223
Diversity Index2 43
 
 

INCOME

Median Household Income $84,367
Average Household Income $98,761
% of Income for Mortgage4 12%
Per Capita Income $33,008
Wealth Index5 94
 

HOUSING

Total HU (Housing Units) 6,599 (100%)
Owner Occupied HU 4,926 (74.6%)
Renter Occupied HU 1,357 (20.6%)
Vacant Housing Units 317 ( 4.8%)
Median Home Value $248,655
Average Home Value $284,093
Housing Affordability Index3 189
 

HOUSEHOLDS

Total Households 6,282
Average Household Size 2.93
Family Households 4,628
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 1.96% 1.73%
Households 1.98% 1.75%
Families 1.79% 1.64%
Median Household Income   0.75%
Per Capita Income   1.64%
Owner Occupied HU   1.82%

Knik-Fairview, AK - Peer Comparisons by Rank and Percentile

The table below compares Knik-Fairview to the other 353 incorporated cities, towns and CDPs in Alaska by rank and percentile using July 1, 2021 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 # 5 99th
Population Density # 42 88th
Median Household Income # 15 96th
Housing Affordability Index # 272 77th
Per Capita Income # 94 74th
Diversity Index # 137 61st

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

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