Fairbanks, AK Housing
As of 2010-2014, median price of a house in Fairbanks is $197,800, which is lower than the state average of $246,300 and is higher than the national average of $175,700. The Fairbanks median house value has grown by 56.49% since 2000. The growth rate for the price of a house in Fairbanks is lower than the state average rate of 70.80% and is higher than the national average rate of 46.91%. The median year that a house in Fairbanks was built is 1975, which is older than the median year for a house built in the state which is 1983 and is about the same as the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 4,254 Owner Occupied Houses in Fairbanks, AK, #73Fairbanks, AK | 197,800 USD |
Alaska | 246,300 USD |
U.S. | 175,700 USD |
Fairbanks, AK | 56.49% |
Alaska | 70.80% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Fairbanks, AK | Alaska | U.S. | |
Total Housing Units | 13,105, see rank, 100% | 307,820 | 132,741,033 |
Occupied Housing Units | 11,512, 87.84%, see rank | 81.76% | 87.55% |
Owner Occupied | 4,254, 32.46%, see rank | 51.79% | 56.34% |
Renter Occupied | 7,258, 55.38%, see rank | 29.97% | 31.21% |
Vacant Housing Units | 1,593, 12.16%, see rank | 18.24% | 12.45% |
For Rent | 555, 4.24%, see rank | 1.87% | 2.34% |
For Sale Only | 117, 0.89%, see rank | 0.85% | 1.20% |
Rented or Sold, Not Occupied | 100, 0.76%, see rank | 1.01% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 177, 1.35%, see rank | 9.91% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.17% | 0.03% |
Other Vacant | 644, 4.91%, see rank | 4.43% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #313Fairbanks, AK | Alaska | U.S. |
1975 | 1983 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Fairbanks, AK | % | Alaska | U.S. | |
Owner-Occupied Units | 4,254 | 100% | 159,415 | 74,787,460 |
With a Mortgage | 2,833 | 66.60%, see rank | 66.04% | 65.58% |
Without a Mortgage | 1,421 | 33.40%, see rank | 33.96% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Fairbanks, AK | 1,952 USD |
Alaska | 1,843 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Fairbanks, AK | % | Alaska | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.17% | 0.20% |
$300 to $499 | 0 | 0.00%, see rank | 0.91% | 1.59% |
$500 to $699 | 32 | 1.13%, see rank | 2.21% | 5.01% |
$700 to $999 | 118 | 4.17%, see rank | 5.90% | 14.32% |
$1,000 to $1,499 | 572 | 20.19%, see rank | 21.02% | 27.90% |
$1,500 to $1,999 | 789 | 27.85%, see rank | 28.89% | 20.35% |
$2,000 to $2,999 | 1,028 | 36.29%, see rank | 31.27% | 19.52% |
$3,000 or More | 294 | 10.38%, see rank | 9.63% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fairbanks, AK | 28.40% of the Total Income |
Alaska | 22.80% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Fairbanks, AK | % | Alaska | U.S. | |
10% or Less | 85 | 3.00%, see rank | 5.95% | 5.86% |
10% to 20% | 557 | 19.66%, see rank | 34.06% | 31.95% |
20% to 30% | 881 | 31.10%, see rank | 30.44% | 27.64% |
30% to 40% | 485 | 17.12%, see rank | 13.46% | 13.74% |
40% or More | 798 | 28.17%, see rank | 15.95% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Fairbanks, AK | 698 USD |
Alaska | 555 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Fairbanks, AK | % | Alaska | U.S. |
$199 or Less | 64 | 4.50%, see rank | 7.91% | 7.76% |
$200 to $299 | 101 | 7.11%, see rank | 9.62% | 14.70% |
$300 to $499 | 308 | 21.67%, see rank | 25.42% | 34.63% |
$500 to $699 | 247 | 17.38%, see rank | 26.77% | 21.16% |
$700 or More | 701 | 49.33%, see rank | 30.28% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fairbanks, AK | 12.70% of the Total Income |
Alaska | 10.80% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Fairbanks, AK | % | Alaska | U.S. | |
10% or Less | 563 | 39.62%, see rank | 46.71% | 40.19% |
10% to 20% | 466 | 32.79%, see rank | 30.56% | 31.47% |
20% to 30% | 163 | 11.47%, see rank | 9.61% | 12.24% |
30% to 40% | 77 | 5.42%, see rank | 4.31% | 5.64% |
40% or More | 152 | 10.70%, see rank | 8.49% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Fairbanks, AK | Alaska | U.S. | |
Total Housing Units | 13,105, 100% | 307,820 | 132,741,033 |
1-unit, Detached | 4,191, 31.98%, see rank | 63.00% | 61.65% |
1-unit, Attached | 2,398, 18.30%, see rank | 7.61% | 5.82% |
2 Units | 889, 6.78%, see rank | 4.94% | 3.75% |
3 or 4 Units | 1,522, 11.61%, see rank | 7.04% | 4.43% |
5 to 9 Units | 1,473, 11.24%, see rank | 4.64% | 4.78% |
10 or More Units | 2,544, 19.41%, see rank | 7.78% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 88, 0.67%, see rank | 5.00% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Fairbanks, AK | Alaska | U.S. | |
Total Housing Units | 13,105, 100% | 307,820 | 132,741,033 |
1 Room | 449, 3.43%, see rank | 5.79% | 1.95% |
2 Rooms | 1,320, 10.07%, see rank | 7.74% | 2.48% |
3 Rooms | 1,737, 13.25%, see rank | 13.20% | 9.13% |
4 Rooms | 3,135, 23.92%, see rank | 19.05% | 16.60% |
5 Rooms | 2,493, 19.02%, see rank | 18.17% | 20.41% |
6 Rooms | 1,652, 12.61%, see rank | 13.81% | 18.06% |
7 Rooms | 876, 6.68%, see rank | 9.08% | 12.27% |
8 Rooms | 736, 5.62%, see rank | 6.01% | 8.48% |
9 Rooms or More | 707, 5.39%, see rank | 7.14% | 10.60% |
Median Rooms | 4.50, see rank | 4.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Fairbanks, AK | Alaska | U.S. | |
Total Housing Units | 13,105, 100% | 307,820 | 132,741,033 |
No Bedroom | 498, 3.80%, see rank | 6.10% | 2.17% |
1 Bedroom | 2,579, 19.68%, see rank | 14.60% | 11.16% |
2 Bedrooms | 3,888, 29.67%, see rank | 26.63% | 26.69% |
3 Bedrooms | 4,227, 32.25%, see rank | 34.72% | 39.70% |
4 Bedrooms | 1,579, 12.05%, see rank | 14.30% | 16.05% |
5 or More Bedrooms | 334, 2.55%, see rank | 3.65% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Fairbanks, AK | Alaska | U.S. | |
Total Housing Units | 11,512, 100% | 251,678 | 116,211,092 |
Utility Gas | 1,037, 9.01%, see rank | 48.28% | 48.85% |
Bottled, Tank, or LP Gas | 188, 1.63%, see rank | 1.42% | 4.86% |
Electricity | 1,607, 13.96%, see rank | 11.43% | 36.68% |
Fuel Oil, Kerosene, etc. | 7,663, 66.57%, see rank | 31.25% | 5.86% |
Coal or Coke | 197, 1.71%, see rank | 0.33% | 0.12% |
Wood | 135, 1.17%, see rank | 6.25% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.01% | 0.05% |
Other Fuel | 382, 3.32%, see rank | 0.65% | 0.47% |
No Fuel Used | 303, 2.63%, see rank | 0.39% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Fairbanks, AK | Alaska | U.S. |
Occupied Units Paying Rent | 7,023, 100% | 84,683 | 39,201,928 |
$199 or Less | 0, 0.00%, see rank | 0.95% | 1.50% |
$200 to $299 | 40, 0.57%, see rank | 0.98% | 3.18% |
$300 to $499 | 205, 2.92%, see rank | 5.08% | 7.37% |
$500 to $699 | 382, 5.44%, see rank | 7.12% | 16.01% |
$700 to $999 | 1,318, 18.77%, see rank | 24.89% | 29.17% |
$1,000 to $1,499 | 2,430, 34.60%, see rank | 34.67% | 26.88% |
$1,500 to $1,999 | 1,363, 19.41%, see rank | 15.89% | 9.79% |
$2,000 or More | 1,285, 18.30%, see rank | 10.41% | 6.10% |
Median | $1,253, see rank | $1,131 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Fairbanks, AK | Alaska | U.S. | |
Occupied Housing Units | 11,512, 100% | 251,678 | 116,211,092 |
No Vehicles Available | 1,204, 10.46%, see rank | 9.59% | 9.12% |
1 Vehicles Available | 4,875, 42.35%, see rank | 31.80% | 33.80% |
2 Vehicles Available | 4,118, 35.77%, see rank | 37.55% | 37.48% |
3 or More Vehicles Available | 1,315, 11.42%, see rank | 21.05% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.