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Fairbanks City, Alaska Housing Analysis

   (County: Fairbanks North Star Borough)

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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Fairbanks City, Alaska, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.





(updated 2010)



Household Type By Tenure
(Fairbanks City, Alaska)

Family households:

Married-couple family:

Owner-occupied housing units : 2,092

Renter-occupied housing units : 2,570

Other family:

Male householder, no wife present:

Owner-occupied housing units : 307

Renter-occupied housing units : 407

Female householder, no husband present:

Owner-occupied housing units : 353

Renter-occupied housing units : 1,108

Nonfamily households:

Owner-occupied housing units : 1,370

Renter-occupied housing units : 3,029


(updated 2013)



Mortgage Status By Age of Householder
(Fairbanks City, Alaska)

Housing units with a mortgage:

Householder 15 to 34 years : 558

Householder 35 to 44 years : 518

Householder 45 to 54 years : 624

Householder 55 to 59 years : 292

Householder 60 to 64 years : 352

Householder 65 to 74 years : 321

Householder 75 years and over : 210

Housing units without a mortgage:

Householder 15 to 34 years : 20

Householder 35 to 44 years : 56

Householder 45 to 54 years : 84

Householder 55 to 59 years : 191

Householder 60 to 64 years : 204

Householder 65 to 74 years : 349

Householder 75 years and over : 343


(updated 2013)



Gross Rent As A Percentage Of Household Income
(Fairbanks City, Alaska)

Less than 10.0 percent : 226

10.0 to 14.9 percent : 288

15.0 to 19.9 percent : 678

20.0 to 24.9 percent : 654

25.0 to 29.9 percent : 1,047

30.0 to 34.9 percent : 740

35.0 to 39.9 percent : 377

40.0 to 49.9 percent : 862

50.0 percent or more : 2,000

Not computed : 242


(updated 2013)



Median Value By Year Structure Built
(Fairbanks City, Alaska)

Built 2010 or later :

Built 2000 to 2009 : $258,200

Built 1990 to 1999 : $247,300

Built 1980 to 1989 : $198,800

Built 1970 to 1979 : $223,300

Built 1960 to 1969 : $188,500

Built 1950 to 1959 : $152,800

Built 1940 to 1949 : $114,300

Built 1939 or earlier : $163,600


(updated 2013)







Percentage of Family Households in Fairbanks City, Alaska: 61.7%

Percentage of Family Households in Alaska: 66.2%


(updated 2010)



Population in Group Quarters in Fairbanks City, Alaska

Institutionalized population


  • Correctional facilities for adults : 11.87%
  • Juvenile facilities : 1.87%
  • Nursing facilities/Skilled-nursing facilities : 3.22%

Noninstitutionalized population


  • Military quarters : 60.44%
  • Other noninstitutional facilities : 22.6%


(updated 2010)







Building Permits in Fairbanks City, Alaska

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 144 144 $13,141,700
  Two Family 4 8 $466,000
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

148 152 $13,607,700
2000        
  Single Family 113 113 $11,689,322
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

113 113 $11,689,322
2001        
  Single Family 136 136 $17,363,500
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 2 12 $1,181,500
  Total

138 148 $18,545,000
2002        
  Single Family 150 150 $19,703,500
  Two Family 5 10 $425,000
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

155 160 $20,128,500
2003        
  Single Family 173 173 $29,369,902
  Two Family 6 12 $1,196,000
  Three and Four Family 5 18 $1,755,000
  Five or More Family 1 30 $4,500,000
  Total

185 233 $36,820,902
2004        
  Single Family 177 177 $28,575,773
  Two Family 22 44 $4,115,928
  Three and Four Family 8 32 $2,569,706
  Five or More Family 7 50 $5,900,000
  Total

214 303 $41,161,407
2005        
  Single Family 139 139 $23,797,620
  Two Family 11 22 $2,280,790
  Three and Four Family 2 8 $604,706
  Five or More Family 0 0 $0
  Total

152 169 $26,683,116
2006        
  Single Family 288 288 $57,836,900
  Two Family 25 50 $6,040,000
  Three and Four Family 3 10 $810,000
  Five or More Family 0 0 $0
  Total

316 348 $64,686,900


(updated 2007)



Median Household Income In 2000 (Fairbanks City, AK): $40,577
Median Household Income In 2000 (Alaska): $51,571


(updated 2010)



Median House/Condo Value in 2000 (Fairbanks City): $127,000
Median House/Condo Value in 2000 (Alaska): $137,400


(updated 2010)



Median Gross Rent in 2000 (Fairbanks City): $680
Median Gross Rent in 2000 (Alaska): $720


(updated 2010)



Most Commonly Used Heating Fuel in Fairbanks City, Alaska

Utility Gas: 4.3%
Bottled, Tank, Or Lp Gas: 1.5%
Electricity: 15.2%
Fuel Oil, Kerosene, Etc.: 69.8%
Coal Or Coke: 2.5%
Wood: 0.3%
Solar Energy: 0.0%
Other Fuel: 4.9%
No Fuel Used: 1.4%


(updated 2010)





(updated 2010)





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