Fairbanks-College, AK

Metro Area Profile

95,460 residents. Jobs, income, development, climate and physical risk across the Fairbanks-College, AK metropolitan area.

56out of 100
Area Score
Bottom 21% of 379 published profiles

How we calculate this

How this area ranks
OpportunityTop 26% of 379 published metros68
Growth546th of 821 published metros40
Housing affordability478th of 822 published metros92
Climate822nd of 822 published metros38
Physical resilience683rd of 822 published metros28
Access498th of 822 published metros71
Economic stabilityTop 14% of 822 published metros80
The quick read

Unemployment is 3.8% and median household income $88,267, putting employment conditions in the middle range of published metro profiles.

Rent takes 20% of median household income here, below the 30% threshold conventionally called cost-burdened, and the median home is 3.4 times that income.

Physical-risk exposure is above the national median, driven mainly by earthquake, wildfire and landslide.

At a glance

Population
95,460
2024 ACS 5-Year
Median household income
$88,267
Top 9% nationally
Density
13/sq mi
7334.8 sq mi of land
Median age
32.5
2024 ACS 5-Year
County
Metro area
Fairbanks-College, AK
Nearest major airport
FAI
41 mi · Fairbanks Intl
Median home value
$298,200
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 3.8% is lower than 71% of the 379 measured US metros.

Employment fell 0.9% over the past year, to 43,250 employed residents.

33% of adults hold a four-year degree, higher than 76% of measured US metros.

Household income is higher than at least 91% of measured US metros.

MetricValueCompared with peersSource period
Median household income ±$4,639$88,267Top 9%2024 ACS 5-Year
Per capita income ±$2,113$45,905Top 12%2024 ACS 5-Year
Poverty rate6.1%Bottom 1%2024 ACS 5-Year
Average commute20.5 minBottom 16%2024 ACS 5-Year
Bachelor's degree or higher33.1%Top 24%2024 ACS 5-Year
Employment43,250Bottom 7%June 2026
Employment change (3 years)0.5%Top 45%June 2026
Employment change (year over year)-0.9%Bottom 45%June 2026
Labor force44,964Bottom 6%June 2026
Labor force participation68.5%Top 6%2024 ACS 5-Year
Mean annual wage$73,460Top 8%2025 OEWS
Median annual wage$61,810Top 3%2025 OEWS
Metro employment36,430Bottom 5%2025 OEWS
Unemployment change (year over year)-0.4%Bottom 20%June 2026
Unemployment rate3.8%Bottom 29%June 2026
Unemployment rate
2021/062022/032022/122023/092024/062025/032025/102026/065.42.8
Monthly unemployment rate from the Bureau of Labor Statistics, most recent value 3.8% in June 2026. A break in the line is a month the Bureau of Labor Statistics did not publish for this area — it is left empty rather than estimated.
Largest occupations — Fairbanks-College, AK
OccupationPeople employedMedian annual wage
Retail Salespersons1,040$37,550
Stockers and Order Fillers840$40,850
Fast Food and Counter Workers800$30,170
Cashiers670$37,340
General and Operations Managers630$114,990
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive630$47,860

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

Housing & affordability

How it’s calculated →

Median rent of $1,459 takes 20% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 3.4 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
19.8%
Below the 30% cost-burdened threshold
Home price to income
3.4×
median home value ÷ median income
Median gross rent
$1,459
2024 ACS 5-Year
Median home value
$298,200
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income3.38Top 43%2024 ACS 5-Year
Homeownership rate61.7%Bottom 11%2024 ACS 5-Year
Housing units ±79942,680Top 45%2024 ACS 5-Year
Median gross rent ±$45$1,459Top 10%2024 ACS 5-Year
Median home value ±$9,478$298,200Top 25%2024 ACS 5-Year
Rent as a share of income19.8%Top 30%2024 ACS 5-Year
Vacancy rate14.8%Top 29%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
40/ 100
Ranks 546 of 821 published city profiles
Permitting is increasing, measured from 2024 to 2025.

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

Population has been broadly flat since 2020, at 94,951 in 2024.

New construction is predominantly single-family: only 0% of permitted units are in buildings of five or more homes.

At 0.2 permitted units per 1,000 residents, building activity is below the median for measured US metros.

Units permitted
21
12 months ending July 2026
Per 1,000 residents
0.2
Bottom 4% nationally
Year over year
+110%
vs the prior twelve months
Multifamily share
0.0%
units in 5+ unit buildings
Population, annual estimates
2020202120222023202496k95k
Census Population Estimates Program, July 1 of each year. These annual estimates are designed for year-over-year comparison, unlike the ACS five-year figure shown as this profile's population.

Weather & climate

2 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 68°F and January a low of -2°F.

Normal annual precipitation is 15.0 inches.

-10°10°30°50°70°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station FAIRBANKS 11 NE, 36.4 miles from this location.
Precipitation
JFMAMJJASOND2.9"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation15.0"1991-2020 Normals
Average January low-2°F1991-2020 Normals
Average July high68°F1991-2020 Normals
Comfortable months21991-2020 Normals
Seasonal temperature swing56°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

28 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are earthquake, wildfire and landslide.

LandslideModerate
WildfireHigh
EarthquakeHigh
Winter weatherModerate

Low or minimal exposure: cold wave, avalanche, lightning, volcanic activity, inland flooding, ice storm, strong wind, hail, tornado.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. This value is the population-weighted mean of all component counties; expected annual loss is their sum. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

What this profile does not cover

Three things people look for are missing from every AreaProfile page, and each is missing for a reason rather than by oversight. The Area Score is calculated without them and the weighting is documented on the methodology page.

Reported crime
The FBI’s Crime Data Explorer is the only source for reported offences with national coverage and a published method, and it requires an API key AreaProfile does not hold. Arrest counts, news volume and commercial “safety scores” are not substituted in the meantime. What is published above under Safety is a different measurement — deaths rather than offences, from death certificates rather than police returns — and it covers no property crime at all.
Taxes
No tax dataset has met the source admission test for coverage, transparent methodology and update cadence. Nothing here is individualized tax advice.
Full cost of living
No public source publishes one with national coverage and a documented method. Housing affordability above is computed from published rent, price and income, and excludes transport, groceries, healthcare, insurance and taxes — commuting cost in particular tends to offset suburban housing savings.

Access

1 major airport lies within 100 miles, the nearest 41 miles away.

AirportCodeDistanceLongest runway
Fairbanks IntlFAI41 mi11,800 ft
Ted Stevens Anchorage IntlANC265 mi10,865 ft
King SalmonAKN530 mi8,901 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Area Score
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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 30, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.