HomeAlaskaFairbanks North Star BoroughFairbanks city
Fairbanks city, Alaska: commercial real estate data.
Fairbanks city is a Census city of 32,083 people across 31.80 square miles of land, in Fairbanks North Star Borough. Median household income is $73,534, 39.8 percent of occupied homes are owned, and the SBA record carries 59 7(a) approvals to borrowers here worth $38.9 m.
76 sourced place values · tier FULL · 8 sections
Fairbanks
What Fairbanks is
- Census place typecity
- Land area31.8 sq mi
- Water area0.83 sq mi
- Population per square mile of land1,009
- County holding the largest share of its areaFairbanks North Star Borough, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbanks
How many people live in Fairbanks
- Population32,083
- Median age29.0
- Population under 187,888
- Share under 1824.6 percent
- Population 65 and over3,811
- Share 65 and over11.9 percent
- Households12,071
- Family households7,462
- Share of households that are families61.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbanks
Income and work in Fairbanks
- Median household income$73,534
- Per capita income$36,912
- Civilian labor force13,079
- Employed12,331
- Unemployed748 plus or minus 200
- Unemployment rate5.7 percent plus or minus 1.5
- Adults 25 and over19,315
- Adults 25 and over with a high school diploma or higher94.1 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree8.1 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbanks
Housing in Fairbanks
- Housing units13,793
- Occupied units12,071
- Vacant units1,722
- Vacancy rate12.5 percent
- Owner occupied4,809
- Renter occupied7,262
- Ownership rate39.8 percent
- Median owner-occupied home value$268,400
- Median gross rent, monthly$1,496
- Annual rent as a share of median income24.4 percent
- Single family units6,555
- Share single family47.5 percent
- Units in buildings of two or more7,137
- Share in buildings of two or more51.7 percent
- Mobile homes59 plus or minus 66
- Median year structure built1979
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbanks
How Fairbanks gets to work
- Workers 16 and over who commute16,081
- Commuting under 15 minutes9,651
- Share commuting under 15 minutes60.0 percent
- Commuting 30 minutes or more1,363 plus or minus 356
- Share commuting 30 minutes or more8.5 percent plus or minus 2.2
- Drove alone65.7 percent
- Carpooled14.6 percent
- Public transport1.1 percent plus or minus 0.8
- Walked9.2 percent plus or minus 5.3
- Worked from home5.3 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fairbanks
SBA 7(a) lending to Fairbanks borrowers
- Approvals59
- Gross approval$38,920,200
- Average approval$659,664
- Median approval$250,000
- Ninetieth percentile approval$1,630,000
- Largest approval$4,700,000
- Jobs supported401
- Jobs per approval6.8
- Loans with a final outcome8
- Paid in full8
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.3 percent
- Share to franchises3.4 percent
- Distinct lenders15
- Distinct industries by NAICS37
A charge-off rate is not published here. only 8 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fairbanks
SBA 504 lending to Fairbanks borrowers
- Approvals23
- Gross approval$20,132,000
- Average approval$875,304
- Median approval$406,000
- Largest approval$5,000,000
- Jobs supported202
- Loans with a final outcome7
- Charged off1
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Fairbanks North Star Borough, not Fairbanks
Fairbanks North Star Borough context, not Fairbanks figures
These are Fairbanks North Star Borough figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Fairbanks measurements.
- Establishments in Fairbanks North Star Borough2,576
- Employment at those establishments, Fairbanks North Star Borough26,009
- Covered employment, Fairbanks North Star Borough37,015
- Average annual pay, Fairbanks North Star Borough$69,700
- Average weekly wage, Fairbanks North Star Borough$1,340
- Housing units permitted, Fairbanks North Star Borough18
- Of those, single family, Fairbanks North Star Borough6
- County product, 2024, Fairbanks North Star Borough$7,891,256,000
- County product change over the prior year, Fairbanks North Star Borough9.5 percent
- Average income of an arriving household, Fairbanks North Star Borough$58,653
Every figure in this section is published for Fairbanks North Star Borough as a whole and is not a measurement of Fairbanks. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Fairbanks questions, answered from the record.
How many people live in Fairbanks, Alaska?
32,083, in 12,071 households. Fairbanks city covers 31.80 square miles of land, which is 1,009 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Fairbanks in?
Fairbanks North Star Borough, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Fairbanks?
$73,534. The median owner-occupied home is valued at $268,400. Median gross rent is $1,496 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Fairbanks businesses?
59 7(a) approvals totalling $38.9 m, across 15 lenders, median approval $250,000, plus 23 504 approvals worth $20.1 m. These count approvals to borrowers whose address is in Fairbanks, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Fairbanks borrowers get paid back?
No rate is published for Fairbanks. only 8 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Fairbanks figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fairbanks North Star Borough as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Fairbanks.
Is zoning published for Fairbanks?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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