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Fairbanks, Alaska Mortgage and Housing Information
Population: 30,224
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Cost of Single-Family Houses
| Median price asked in year 2000 | $115,100 |
|---|
Value of Houses and Condos
| U.S. | Alaska | Fairbanks | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $137,400 | $127,000 |
Monthly Owner Costs
| U.S. | Alaska | Fairbanks | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,315 | $1,224 |
| Without a mortgage | $295 | $393 | $476 |
Ownership of Single-family Houses
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 782 | 26.8% |
| First Mortgage Only | 1,885 | 64.5% |
| Second Mortgage and/or Home Equity Loan | 254 | 8.7% |
| Total | 2,921 | 100% |
Tenancy in Fairbanks
| Owner-occupied homes | 3,863 |
|---|---|
| Renter-occupied homes | 7,212 |
| Homes for sale | 94 |
| Homes for rent | 802 |
| Total | 12,357 |
Age of Fairbanks Residents
| Males | 27 |
|---|---|
| Females | 27 |
Income
| U.S. | Alaska | Fairbanks | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,776 | $22,039 |
| Median Earnings, Males | $29,458 | $31,131 | $25,936 |
| Median Earnings, Females | $18,957 | $20,888 | $17,304 |
Males earn $8,632 (49.9%) more than Females in Fairbanks.
Commuting in Fairbanks
| Means of Transport | Number of People |
|---|---|
| Car, solo | 9,472 |
| Carpooled | 2,605 |
| Public Transit | 188 |
| Bicycle | 107 |
| Walking | 901 |
| Other Means | 179 |
| Total, Commuted | 13,452 |
| Worked from home | 681 |
| Total | 14,133 |
Time Spent Commuting in Fairbanks
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 1,043 |
| 5-9 | 3,707 |
| 10-14 | 4,496 |
| 15-19 | 2,346 |
| 20-24 | 910 |
| 25-29 | 209 |
| 30-34 | 300 |
| 35-39 | 58 |
| 40-44 | 63 |
| 45-59 | 161 |
| 60-89 | 77 |
| Over 90 | 82 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 2,835 | 32.8% | 2,969 | 34.4% |
| Associate Degree | 591 | 6.8% | 474 | 5.5% |
| Bachelor's Degree | 1,071 | 12.4% | 1,084 | 12.6% |
| Master's Degree | 350 | 4.1% | 382 | 4.4% |
| Professional Degree | 196 | 2.3% | 94 | 1.1% |
| Doctorate Degree | 77 | 0.9% | 38 | 0.4% |
| Total (at least some college) | 5,120 | 59.3% | 5,041 | 60.3% |
| Total over 25 | 8,637 | 100% | 8,366 | 100% |
Comments on Fairbanks
Latest comment on Fairbanks
July 24th, 2008
it’s crazy in the summer how it’s light most the day, but dark in the winter
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July 24th, 2008
it’s crazy in the summer how it’s light most the day, but dark in the winter
– Unregistered User
July 24th, 2008
it’s really cold in Fairbanks!!!! but ok in the summer
– Unregistered User
July 23rd, 2008
Fairbanks actually get pretty warm in the summer, despite being about 300 miles north of Anchorage.
– Dan