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Fairbanks North Star Borough, Alaska Housing Analysis


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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Fairbanks North Star Borough, 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 North Star Borough, Alaska)

Family households:

Married-couple family:

Owner-occupied housing units : 12,255

Renter-occupied housing units : 5,152

Other family:

Male householder, no wife present:

Owner-occupied housing units : 795

Renter-occupied housing units : 607

Female householder, no husband present:

Owner-occupied housing units : 1,319

Renter-occupied housing units : 2,174

Nonfamily households:

Owner-occupied housing units : 6,596

Renter-occupied housing units : 6,735


(updated 2013)



Mortgage Status By Age of Householder
(Fairbanks North Star Borough, Alaska)

Housing units with a mortgage:

Householder 15 to 34 years : 2,884

Householder 35 to 44 years : 2,956

Householder 45 to 54 years : 4,011

Householder 55 to 59 years : 1,351

Householder 60 to 64 years : 1,069

Householder 65 to 74 years : 1,236

Householder 75 years and over : 472

Housing units without a mortgage:

Householder 15 to 34 years : 192

Householder 35 to 44 years : 864

Householder 45 to 54 years : 901

Householder 55 to 59 years : 985

Householder 60 to 64 years : 1,722

Householder 65 to 74 years : 1,477

Householder 75 years and over : 845


(updated 2013)



Gross Rent As A Percentage Of Household Income
(Fairbanks North Star Borough, Alaska)

Less than 10.0 percent : 558

10.0 to 14.9 percent : 848

15.0 to 19.9 percent : 1,500

20.0 to 24.9 percent : 1,930

25.0 to 29.9 percent : 1,703

30.0 to 34.9 percent : 1,524

35.0 to 39.9 percent : 1,189

40.0 to 49.9 percent : 1,477

50.0 percent or more : 3,284

Not computed : 655


(updated 2013)



Median Value By Year Structure Built
(Fairbanks North Star Borough, Alaska)

Built 2010 or later : $209,500

Built 2000 to 2009 : $239,000

Built 1990 to 1999 : $230,300

Built 1980 to 1989 : $204,700

Built 1970 to 1979 : $215,400

Built 1960 to 1969 : $189,300

Built 1950 to 1959 : $170,600

Built 1940 to 1949 : $175,100

Built 1939 or earlier : $128,800


(updated 2013)







Percentage of Family Households in Fairbanks North Star Borough, Alaska: 65.1%

Percentage of Family Households in Alaska: 66.2%


(updated 2010)



Building Permits in Fairbanks North Star Borough, 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 North Star Borough, AK): $49,076
Median Household Income In 2000 (Alaska): $51,571


(updated 2010)



Median House/Condo Value in 2000 (Fairbanks North Star Borough): $128,800
Median House/Condo Value in 2000 (Alaska): $137,400


(updated 2010)



Most Commonly Used Heating Fuel in Fairbanks North Star Borough, Alaska

Utility Gas: 2.6%
Bottled, Tank, Or Lp Gas: 1.3%
Electricity: 9.6%
Fuel Oil, Kerosene, Etc.: 76.7%
Coal Or Coke: 3.0%
Wood: 3.0%
Solar Energy: 0.0%
Other Fuel: 2.8%
No Fuel Used: 1.0%


(updated 2010)





(updated 2010)





Population in Group Quarters in Fairbanks North Star Borough, Alaska

Institutionalized population


  • Correctional facilities for adults : 9.88%
  • Juvenile facilities : 1.55%
  • Nursing facilities/Skilled-nursing facilities : 1.9%

Noninstitutionalized population


  • College/University student housing : 26.69%
  • Military quarters : 45.24%
  • Other noninstitutional facilities : 14.75%


(updated 2010)







Median Gross Rent in 2000 (Fairbanks North Star Borough): $679
Median Gross Rent in 2000 (Alaska): $720
Fair Market Rent in 2007 (Fairbanks North Star Borough): $929


(updated 2010)



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