Alaska / Fairbanks North Star County

Moving to Fairbanks, AK

Thinking of making a move to Fairbanks, AK? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Fairbanks, AK

Considering a move to Fairbanks, AK? This welcoming community of 32,702 residents offers a blend of suburban charm and convenience, with median home prices around $246,000 and average rents near $1,250. Commute times average 16 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (50% annually), ideal for families and commuters alike. Explore Fairbanks's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Fairbanks, AK

Fairbanks has a population of 32,702 residents, offering a diverse community with a median age of nearly 30 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 62% White, 8% Black, and 4% Asian residents, and over 11% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
32,702
Density
1,090 per sq mi
Median Age
29.9
Gender Ratio
108 males per 100 females
Non-English Speakers Percentage
11.2%

Ethnic Composition

White
62.0%
Black
8.1%
Asian
4.4%
Others
25.5%

Cost Of Living

What is the average cost of living in Fairbanks, AK?

The cost of living in Fairbanks is higher than the national average, with a cost of living index of 118.2. Median home values are around $246,000 and average rents for a two-bedroom apartment are approximately $1,250. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$246,000
Gross Rent
$1,250
Monthly Electricity Charges
$175
Auto Insurance
$1,300
House Owner Cost With Mortgage
$1,650
House Owner Cost Without Mortgage
$540
State Taxes
Low: 0.0%| High: 0.0%
Cost Of Living Index
118.2
Grocery
124.5
Housing
104.6
Utilities
156.0
Transportation
117.3
Health Care
137.2
Miscellaneous
110.0

Crime

Is Fairbanks, AK a safe place to live?

Fairbanks is considered a safe community, with a low violent crime rate of 813 incidents per 100,000 residents and a property crime chance of 1 in 31. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Alaska.

Violent Crimes Per 100k
813
Property Crimes Per 100k
3,232
Crime Index
4,045
Chance Of Violent Crime
1 in 123
Chance Of Property Crime
1 in 31

Weather

What is the weather like in Fairbanks, AK year-round?

Fairbanks experiences four distinct seasons, with warm summers reaching highs of 73°F and cold winters dipping to 16°F. The area receives about 11 inches of rainfall annually and enjoys sunshine on 50% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
-16°F
Max
2°F

Summer

Min
50°F
Max
73°F

Spring

Min
13°F
Max
45°F

Fall

Min
19°F
Max
47°F
Average Rainfall Inches
11.3 inches
Sunny Days Percentage
50%

Neighbors

The neighborhood boasts a healthy median household income of $68,850 and a low poverty rate of 12.8%. Over 93% of residents have at least a high school diploma, and nearly 25% hold a bachelor's degree or higher. Commute times average 16 minutes, and almost 2% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$29,600
Household Income
$68,850
Family Income
$82,100
Per Capita Income
$32,400
Income Male
$40,500
Income Female
$33,000
Poverty Rate
12.8%
Non English Speakers
11.2%
Rent
$1,250
Unemployment Rate
5.8%
Public Transport Usage
1.6%
Commute Time
15.7 minutes

Education

High School or Higher
92.5%
Bachelors or More
24.8%

Education

How are the schools in Fairbanks, AK?

Fairbanks offers quality education options, with public schools like Lathrop High School and West Valley High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including University of Alaska Fairbanks. The community is committed to educational excellence for all age groups.

Public Schools

Name
Lathrop High School
Street
901 Airport Way
Phone
907-456-7794
Students
900
Student Teacher Ratio
14.1
Name
West Valley High School
Street
3800 Geist Rd
Phone
907-479-4221
Students
950
Student Teacher Ratio
16.2

Private Schools

Name
Monroe Catholic High School
Street
615 Monroe St
Phone
907-452-2044
Students
160

Colleges

Name
University of Alaska Fairbanks
City
Fairbanks
State
AK
Distance
0 miles
Students
7,000

Healthcare

Fairbanks residents have access to quality healthcare, with major hospitals like Fairbanks Memorial Hospital nearby. The community benefits from a high physician-to-resident ratio of 2.2 per 1,000 people and 88.9% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Fairbanks Memorial Hospital
Address
1650 Cowles St, Fairbanks, AK 99701
Phone
(907) 452-8181
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.2
Health Insurance Coverage
88.9%
Health Care Index
78.4

Housing Market

What is the housing market like in Fairbanks, AK?

The local housing market is strong, with a median home price of $246,000 and an owner-occupied rate of nearly 50%. The market has seen a 4.2% appreciation over the past year, and rental vacancy rates remain moderate at 8.4%. Fairbanks offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$246,000
Average Rent For 2 Bedroom
$1,250
Owner Occupied Rate
49.8%
Rental Vacancy Rate
8.4%
Home Appreciation Rate (1yr)
4.2%
New Construction Rate
0.6%
Foreclosure Rate
0.8%

DMV Information

Residents of Fairbanks handle vehicle services through the Alaska Division of Motor Vehicles, conveniently located in Fairbanks. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Alaska
Department
Alaska Division of Motor Vehicles
Address
1979 Peger Road, Fairbanks, AK 99709
Phone
(855) 269-5551

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Fairbanks, AK

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Fairbanks, review the core fields on this page: population 32,702, median home value $246,000, average rent for 2 bedroom $1,250, commute time 15.7 minutes, and sunny days percentage 50%.

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