Knik-Fairview vs North Lakes

Which is the better fit for you?

Knik-Fairview, AK
51
Area Score
Bottom 22% nationally
North Lakes, AK
53
Area Score
Bottom 29% nationally

Want a third or fourth place beside these? Open them in the shortlist and add more.

North Lakes receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Knik-Fairview to North Lakes

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Everyday prices
About the same
Regional price level 106.8 against 106.8 (US = 100). Both places sit in the same price region, so the index cannot tell them apart.
Income to keep the same purchasing power
Enter your household income to see it.
A new two-bedroom lease
The same
HUD benchmarks it at $1,376 in North Lakes against $1,376 in Knik-Fairview.
The median home
5% more
$357,600 in North Lakes against $340,200 in Knik-Fairview.
The weather you would swap
Similar winters
Normal January lows are 8°F in North Lakes against 8°F in Knik-Fairview; July highs are 68°F against 68°F (summers the same).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Knik-Fairview
North Lakes
Opportunity: North Lakes is the more favorable of the two.
Opportunity
75 · Top 16%
vs
77 · Top 13%
Growth
35 · Bottom 22%
vs
35 · Bottom 22%
Climate
47 · Bottom 1%
vs
47 · Bottom 1%
Physical resilience
12 · Bottom 8%
vs
12 · Bottom 8%
Housing affordability: North Lakes is the more favorable of the two.
Housing affordability
69 · Top 44%
vs
82 · Top 10%
Access: Knik-Fairview is the more favorable of the two.
Access
80 · Bottom 21%
vs
73 · Bottom 13%
Economic stability: Knik-Fairview is the more favorable of the two.
Economic stability
49 · Bottom 34%
vs
48 · Bottom 33%

Measured values

MetricKnik-FairviewNorth LakesSource period
Population19,97210,2232024 ACS 5-Year
Median household income — the two are too close to separate$96,437 ±$9,274$101,679 ±$10,6942024 ACS 5-Year
Per capita income — the two are too close to separate$42,115 ±$3,223$45,065 ±$4,6662024 ACS 5-Year
Population density272/sq mi660/sq mi2024 ACS 5-Year
Median home value$340,200$357,6002024 ACS 5-Year
Median gross rent — the two are too close to separate$1,588 ±$119$1,441 ±$1242024 ACS 5-Year
Market rent, two bedroom$1,376$1,376FY2026
Cost of living index106.8106.82023
Homeownership rate84.5%78.4%2024 ACS 5-Year
Unemployment rate3.8%3.8%July 2026
Employment change (year over year)+1.1%+1.1%July 2026
Bachelor's degree or higher20.9%25.7% — more favorable2024 ACS 5-Year
Poverty rate — the two are too close to separate8.8% ±3%7.5% ±3%2024 ACS 5-Year
Housing units permitted (12 months)656512 months ending July 2026
Permits per 1,000 residents0.60.612 months ending July 2026
Permit change (year over year)−13.3%−13.3%12 months ending July 2026
Average July high68°F68°F1991-2020 Normals
Average January low8°F8°F1991-2020 Normals
Annual precipitation12.6"12.6"1991-2020 Normals
Distance to major airport26 mi — more favorable38 miNASR current cycle
Average commute39.1 min32.3 min — more favorable2024 ACS 5-Year
Median age33.236.22024 ACS 5-Year
Students per teacher16.316.32024-25 school year
Math proficiency40.8%40.8%2018-19 school year
Reading proficiency44.2%44.2%2018-19 school year

A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.

4 rows above show both figures with a ± margin and neither in bold. Those come from the American Community Survey, which samples rather than counts, and the gap between the two is smaller than the uncertainty on the figures themselves — so the survey did not find a difference to report, and calling either one the winner would be reading a result out of noise.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison. The year-over-year change is not marked either: a percentage on fewer than 300 units swings on a handful of permits.

Physical risk tradeoff

Knik-Fairview

Elevated or high exposure: earthquake.

North Lakes

Elevated or high exposure: earthquake.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Knik-Fairview
—
Knik-Fairview: Your Score
51
Area Score
North Lakes
—
North Lakes: Your Score
53
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Knik-Fairview, AK · North Lakes, AK · How this is calculated: methodology