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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

A comparison of the average prices of homes in Fairbanks, Alaska and the U.S.
U.S.AlaskaFairbanks
Median home value
in year 2000
$111,800$137,400$127,000

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.AlaskaFairbanks
With a mortgage$1,088$1,315$1,224
Without a mortgage$295$393$476

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Fairbanks (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage78226.8%
First Mortgage Only1,88564.5%
Second Mortgage and/or Home Equity Loan2548.7%
Total2,921100%

Tenancy in Fairbanks

How many people in Fairbanks live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes3,863
Renter-occupied homes7,212
Homes for sale94
Homes for rent802
Total12,357

Age of Fairbanks Residents

Median age for males and females (2000).
Males 27
Females 27

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.AlaskaFairbanks
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 transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo9,472
Carpooled2,605
Public Transit188
Bicycle107
Walking901
Other Means179
Total, Commuted13,452
Worked from home681
Total14,133

Time Spent Commuting in Fairbanks

Time spent commuting in Fairbanks
Time spent in minutesNumber of People
Less than 51,043
5-93,707
10-144,496
15-192,346
20-24910
25-29209
30-34300
35-3958
40-4463
45-59161
60-8977
Over 9082

Education

Level of higher education for people over 25 years in Fairbanks (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College2,83532.8%2,96934.4%
Associate Degree5916.8%4745.5%
Bachelor's Degree1,07112.4%1,08412.6%
Master's Degree3504.1%3824.4%
Professional Degree1962.3%941.1%
Doctorate Degree770.9%380.4%
Total (at least some college)5,12059.3%5,04160.3%
Total over 258,637100%8,366100%

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