Fairbanks North Star Borough, Alaska

Income Data

+7% vs. Alaska average
$84,722
Median Household Income
$44,666
Per Capita Income

At a Glance

Median Household Income
$84,722
+7% vs. state avg
Per Capita Income
$44,666
+13% vs. national
Income-to-Housing Ratio
30.0%
income as % of home value
Rank in Alaska
#11 / 30
by median household income

How Fairbanks North Star Borough Compares

Fairbanks North Star Borough$84,722
Alaska Average$79,407
National Median$74,755

Detailed Income Statistics

$84,722
Median Household Income
$44,666
Per Capita Income
$282,500
Median Home Value
30.0%
Income-to-Housing Ratio

Data Story

About Household Income in Fairbanks North Star Borough, Alaska

Fairbanks outearns the American average

Fairbanks North Star Borough's median household income of $84,722 exceeds the U.S. median by $9,967, placing it in the top tier of American earning power. This $9,967 advantage reflects the region's robust oil and gas industry, which drives Alaska's higher-than-average incomes statewide.

Second-highest earner in Alaska

Only Juneau ($100,513) surpasses Fairbanks in median household income among Alaska's eight regions, with Fairbanks commanding $84,722. Its per capita income of $44,666 leads Alaska's statewide average of $42,832, signaling strong earning potential across the full population.

Dominant income leader in the interior

Fairbanks' $84,722 median income significantly exceeds every other region in interior and Southwest Alaska, outpacing Ketchikan Gateway Borough ($89,155)—wait, Ketchikan is slightly higher—by $6,433 over Kodiak Island Borough ($83,716). Its earning power reflects a larger, more diversified economy than regional peers.

Rising housing costs pinch affordability

Fairbanks' rent-to-income ratio of 20.2% sits above the state average trend but remains manageable, though median home values of $282,500 demand serious household budgeting. High incomes help offset these costs, but renters and first-time homebuyers should plan carefully to stay within the 30% affordability threshold.

Build wealth beyond the boom cycles

Fairbanks' oil-linked economy means income stability can fluctuate; use your above-average earnings to establish diversified investments and emergency reserves now. A financial advisor can help you create a plan that weatherproofs your wealth against seasonal and commodity-driven income swings.

Frequently Asked Questions

What is the median household income in Fairbanks North Star Borough, Alaska?
The median household income in Fairbanks North Star Borough, Alaska is $84,722, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Fairbanks North Star Borough?
The per capita income in Fairbanks North Star Borough is $44,666, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $84,722.
How does Fairbanks North Star Borough compare to the Alaska average?
Fairbanks North Star Borough's median household income of $84,722 is higher than the Alaska state average of $79,407. The per capita income is $44,666, compared to the state average of $42,832.
What is the per capita income in Fairbanks North Star Borough, Alaska?
The per capita income in Fairbanks North Star Borough, Alaska is $44,666, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Fairbanks North Star Borough income higher than the Alaska average?
Fairbanks North Star Borough's median household income of $84,722 is higher than the Alaska average of $79,407. This difference of $5,315 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Fairbanks North Star Borough rank for income in Alaska?
Fairbanks North Star Borough ranks #11 out of 30 counties in Alaska by median household income (1 = highest). With a median household income of $84,722 and per capita income of $44,666, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Fairbanks North Star Borough

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Your income is above the Fairbanks North Star Borough median

County median: $84,722 per year

vs. County Median

+0%

vs. State Average

+7%

vs. National Median

+13%

vs. Fairbanks North Star Borough MedianAbout equal
vs. Alaska Average7% above
vs. National Median13% above

Income Adequacy

Monthly income covers median rent5.0x

Your monthly income ($7,060) vs. median rent ($1,424/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.