2025 Compare Cities Economy:
Fairbanks, AK vs Silver City, NM

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Highlights
- Household income in Silver City, is 53% less than it is in Fairbanks and is 119% below the National Average.
- Fairbanks unemployment rate is 7.2%.
- Silver City unemployment rate is 8.2%.
 Fairbanks, AKSilver City, NMUnited States
 Unemployment Rate  Unlock8.2%6.0%
 Recent Job Growth  Unlock1.2%1.6%
 Future Job Growth16.8%  Unlock33.5%
 Sales Taxes0.0%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$33,194  Unlock$37,638
 Household Income  Unlock$31,451$69,021
 Family Median Income$73,539  Unlock$85,028
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 Est. Households By Income
 Fairbanks, AKSilver City, NMUnited States
 Income Less Than 15K  Unlock19.3%9.4%
 Income between 15K and 20K2.5%  Unlock3.8%
 Income between 20K and 30K  Unlock12.1%8.1%
 Income between 30K and 40K10.2%  Unlock8.0%
 Income between 40K and 50K  Unlock8.7%7.6%
 Income between 50K and 60K9.3%  Unlock7.2%
 Income between 60K and 75K  Unlock3.7%9.6%
 Income between 75K and 100K13.4%  Unlock12.8%
 Income between 100K and 150K  Unlock9.0%16.3%
 Income between 150K and 200K6.4%  Unlock7.8%
 Income greater than 200K  Unlock1.3%9.5%
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 Population By Occupation
 Fairbanks, AKSilver City, NMUnited States
 Management, business, finance11.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.7%6.5%
 Community, social services3.5%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library4.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock6.3%3.3%
 Firefighters, law enforcement2.6%  Unlock2.1%
 Food preparation, serving  Unlock12.8%5.4%
 Building maintenance4.3%  Unlock3.6%
 Personal care  Unlock2.5%2.6%
 Sales, office, administrative support23.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair8.1%  Unlock8.1%
 Production, transportation, material moving  Unlock11.9%13.1%
Reviews for Fairbanks    20 Reviews

I have lived in the Fairbanks area for about 25 years and have become very comfortable with the community and the lifestyle here. That said, retirement is fast  More

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Over 14 years ago

Comments about Fairbanks, both positive and negative, are of interest to me. Was in Fairbanks this past March [and north on Cleary Summit] and fell in love with the  More

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Over 15 years ago

I came to Alaska 15 years ago on an adventure and first lived in Juneau, which I LOVED and then moved to Eagle River, which I loved and now live in Fairbanks! I do not  More

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Reviews for Silver City    13 Reviews

I bought here 1 year ago and live in the historical downtown. Crime is not a problem for us but we know crime happens here though the city is very tight knit about  More

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Over 1 years ago

Never been here but like looking for small towns to consider living in. Quite sadly they all seem to have the highest crime rates both violent and property crime. Where  More

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We moved to SC about a year ago. People are genuinely friendly-we actually have dinner in each other’s homes in our neighborhood. Historic downtown is quirky and fun  More

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