City profile
Fairbanks, AK
Interior Alaska city with northern lights, hot springs and a tight-knit community.
Climate
Climate type
mountain_alpine
Winter avg
-8°F
Summer avg
62°F
Sunny days / yr
130
Home prices & cost of living
Median home price
$270,000
Typical monthly housing
$1,782
Cost of living (100 = U.S.)
120
Taxes
- Property tax
- 1.04%
- State income tax (top)
- None
- Social Security
- Not taxed
- Pensions
- Not taxed
- Sales tax (state + avg. local)
- 1.82%
FEMA natural hazard risk
Relatively Moderate · county score 89/100
Top hazards: Landslide, Wildfire, Earthquake
Nearest major airport
263 mi to Ted Stevens Anchorage International Airport (ANC)
Political lean (2024 county vote)
Leans Republican · 39% Democratic / 57% Republican
Demographics (Census ACS)
Population (2024)
32,083
Growth since 2019
+1.7%
Median age
29.0
Residents 65+
12.4%
Median household income
$73,534
Income growth since 2019
+17.5%
Black household income
$56,983
Home ownership
39.8%
Poverty rate
8.7%
Poverty rate, 65+
9.7%
Race & ethnicity: Black 8.2% · White 55.0% · Hispanic 11.3% · Asian 4.2% · Other 21.2%
Crime (per 100,000 residents, 2025)
Violent crime
846 · 157% above the national average
Property crime
3,026 · 95% above the national average
Source: FBI Crime Data Explorer, Fairbanks Police Department. State average: violent 736, property 1,927.
2025–2026 trends
2026 market trends
- ▸More retirees are leaving AK than arriving, mostly over cost
- ▸Climate/cost risks to check: earthquakes, extreme cold
Highlights
- Northern lights
- No state income tax
- Lower prices than Anchorage
Trade-offs
- Extreme cold winters
- Isolated
Figures are estimates from public sources (see How we match). Verify before making decisions.