Fairbanks, Minnesota 

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Population

53

-8.6% since 2010

Unemployment Rate

3.7%

Median Income

$53,750

Median Home Price

$118,700

Best Places to Live in Fairbanks, Minnesota

Small-port-city complex - Northeastern Minnesota at western end of Lake Superior. July, August and June are the most pleasant months in Fairbanks, while January and December are the least comfortable months.

Pros
-Nearby outdoor recreation
-Historic preservation
-Attractive setting
Cons
-Winter climate
-Isolation
-Low job growth


What Bert Has To Say About Duluth Metro Area

Duluth is the world’s third largest inland port located about as far as possible from an ocean on the North American continent. Superior, Wisconsin, sits to the south on the other side of the harbor. Shipping, mainly grain and, to a lesser extent, iron ore, is an important part of the economy. Some of the former heavy industry is gone today but the town still retains a decidedly commercial and industrial character.


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QUICK FACTS

City: Fairbanks
Zip Codes: No Zip Codes Here.
Time zone: Central Standard Time (CST)
Elevation: 1417 ft above sea level

Highlights

ECONOMY
The unemployment rate in Fairbanks is 3.7% (U.S. avg. is 3.9%). Recent job growth is Positive. Fairbanks jobs have increased by 1.6%. More Economy

COST OF LIVING
Compared to the rest of the country, Fairbanks's cost of living is 20.5% lower than the U.S. average. More Cost of Living or Compare Fairbanks's Cost of Living

WEATHER & CLIMATE
July, August and June are the most pleasant months in Fairbanks, while January and December are the least comfortable months. Today's Weather | Climate Averages

VOTING
St. Louis county voted Democratic in the previous five Presidential elections. More Voting Stats

POPULATION
Fairbanks's population is 53 people. Since 2010, it has had a population decline of 8.6%. Learn More...

TRANSPORTATION
Average Commute time is 19.8 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Fairbanks is $118,700. Home appreciation the last 10 years has been 5.8%. Check out the homes in the area

SCHOOLS
Fairbanks public schools spend $12,426 per student. The average school expenditure in the U.S. is $12,383. There are about 15.2 students per teacher in Fairbanks. More Education


Best Places to Live in Fairbanks Rankings


Housing Market in Fairbanks

It's a good time to buy in Fairbanks. Home Appreciation is up 5.8% in the last 12 months. Browse Fairbanks Real Estate

The median home price in Fairbanks is $118,700. Browse Homes in this Range.


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MAPS OF FAIRBANKS, MINNESOTA
Fairbanks,Minnesota Map

ZIP CODES IN FAIRBANKS, MINNESOTA
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