equestId":"af40a4bd-4d3e-4841-8068-7590cf5f66b4","resource":"content","data":[{"id":"txt_de6ab222c02a46e29ee88b74e41c27bb","text":", housing & grocery costs\nFairbanks, Alaska is a picturesque city located in the Northern Interior part of Alaska and has a population of approximately 32,000 people. The 2-bedroom rent for this area is $2,130, significantly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Fairbanks is 132 versus 100 in the US. This means that groceries cost more than the national average. Some local companies include Redi Services LLC which provides professional services to oil companies; University of Alaska Fairbanks which is the flagship institution for higher education; and Carlson Enterprises LLC which provides construction services. Fairbanks has many opportunities for businesses and residents alike.
Fairbanks (zip 99703) has an unemployment rate of 7.2%. The US average is 6.0%.
Fairbanks (zip 99703) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Fairbanks (zip 99703)
- The Sales Tax Rate for Fairbanks (zip 99703) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Fairbanks (zip 99703) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fairbanks (zip 99703)
- The average income of a Fairbanks (zip 99703) resident is $24,054 a year. The US average is $37,638 a year.
- The Median household income of a Fairbanks (zip 99703) resident is $61,020 a year. The US average is $69,021 a year.