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Best Place to Live in Fairbanks, Alaska

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Overview, People, Health, Economy, Housing, Rankings, Climate, Crime
Education, Comments, Transportation, Cost of Living, Religion, Voting

Overview
Population:31,656
Pop. Change:6%
State: Alaska
Metro Area: Fairbanks Metro Area
County: Fairbanks North Star Borough County
City:Fairbanks
Zip Code:99701, 99703, ... 2 total
Real Estate:For Sale  For Rent
Search:Find and Compare Realtors
Schools:See Local Schools

Fairbanks's Real Estate Market
 • Newly Listed Homes
 • Most Expensive Listing
 • Million Dollar Houses
 • Homes from $750,001 to $1,000,000
 • Homes from $500,001 to $750,000
 • Homes from $250,000 to $500,000
 • Homes under $250,000
 • Median Priced Homes
 • Median Condominiums


Fairbanks Metro Area

Profile: Frontier town

Location: East-central Alaska, north of the Alaska Range

Elevation: 418

Time zone: Alaska Standard Time

PROCON
Attractive settingBitter winters
Nearby recreationIsolation
Educated populationEntertainment

Fairbanks, a low, sprawling frontier town along the Chena River, supports a huge land area. As a crossroads of major highways and the northern terminus of the Alaska Railroad, Fairbanks plays a significant role as a transportation center and commerce headquarters for most of the northern half of the state. Additionally, the area serves as a military, education and health center for the region; the University of Alaska-Fairbanks is a large employer. Mining, forest products, the Alaska Pipeline, and tourism drive the economy and recent job growth has been fairly healthy. Due to its isolation and the obvious effects of climate, the area not surprisingly has a strong sense of community, but there isn’t a lot of outside stimulus or entertainment. The downtown area is clean and mostly modern. As with all of Alaska, cost of living is high. The summer climate and nearby recreation are exceptional, but winters are equally extraordinary with depressing darkness and below-zero temperatures almost daily.

Fairbanks is located in the Tanana Valley and experiences a distinctly Continental climate with extreme temperature variations most of the year. Because of its location just 200 miles south of the Arctic Circle, summer days are 18-21 hours long and solar heating can produce pleasant 80 degree readings. Unbelievably for the latitude, the record high was 99[dg]F, recorded in July 1919. Winter daylight, however, ranges from 4 to 10 hours per day, with prevalent below-zero temperatures, reaching -40[dg]F or lower each winter. Winter temperatures, in fact, can range from +45[dg]F to -65[dg]F, with summer temperatures ranging from +30[dg]F to +90[dg]F. Snow cover persists from October to April, although cold air and mountain protection limits days with heavy snows to a minimum, and blizzards are seldom seen. Cold air trapped in the valley produces occasional ice fog. Occasional summer showers and thunderstorms, especially in nearby mountains, round out the precipitation picture.

Interesting Facts about Fairbanks, Alaska

As of 2014, Fairbanks's population is 31,656 people. Since 2000, it has had a population growth of 5.73 percent.

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The median home cost in Fairbanks is $238,400. Home appreciation the last year has been 2.00 percent.

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Compared to the rest of the country, Fairbanks's cost of living is 33.20% Higher than the U.S. average.

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Fairbanks public schools spend $16,465 per student. The average school expenditure in the U.S. is $12,435. There are about 50.2 students per teacher in Fairbanks.

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The unemployment rate in Fairbanks is 5.50 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Fairbanks jobs have Increased by 1.09 percent.


Ranked #31 Emerging Metropolitan Areas
Ranked #85 Best Green Cities
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Map Of Fairbanks

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Average Commute time is 14 minutes. The National Average is 25 minutes.

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Fairbanks's Real Estate Market (click to see properties)

 • Newly Listed Homes
 • Most Expensive Listing
 • Million Dollar Houses
 • Homes from $750,001 to $1,000,000
 • Homes from $500,001 to $750,000
 • Homes from $250,000 to $500,000
 • Homes under $250,000
 • Median Priced Homes