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 32,515 residents offers a blend of suburban charm and convenience, with median home prices around $315,000 and average rents near $1,520. Commute times average 19 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% 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 32,515 residents, offering a diverse community with a median age of nearly 32 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 58% White, 5% Black, and 9% Asian residents, and over 10% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
32,515
Density
1,800 per sq mi
Median Age
31.6
Gender Ratio
109 males per 100 females
Non-English Speakers Percentage
9.5%

Ethnic Composition

White
58.0%
Black
5.0%
Asian
8.5%
Others
28.5%

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 115.8. Median home values are around $315,000 and average rents for a two-bedroom apartment are approximately $1,520. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$315,000
Gross Rent
$1,520
Monthly Electricity Charges
$190
Auto Insurance
$1,620
House Owner Cost With Mortgage
$1,950
House Owner Cost Without Mortgage
$620
State Taxes
Low: 0.0%| High: 9.4%
Cost Of Living Index
115.8
Grocery
114.5
Housing
111.2
Utilities
156.8
Transportation
112.4
Health Care
108.9
Miscellaneous
110.1

Crime

Is Fairbanks, AK a safe place to live?

Fairbanks is considered a safe community, with a low violent crime rate of 675 incidents per 100,000 residents and a property crime chance of 1 in 34. 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
675
Property Crimes Per 100k
2,950
Crime Index
3,625
Chance Of Violent Crime
1 in 148
Chance Of Property Crime
1 in 34

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 15°F. The area receives about 12 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
-15°F
Max
12°F

Summer

Min
49°F
Max
73°F

Spring

Min
20°F
Max
46°F

Fall

Min
18°F
Max
43°F
Average Rainfall Inches
11.5 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $76,500 and a low poverty rate of 12.8%. Over 91% of residents have at least a high school diploma, and nearly 31% hold a bachelor's degree or higher. Commute times average 19 minutes, and almost 4% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$48,500
Household Income
$76,500
Family Income
$88,200
Per Capita Income
$31,800
Income Male
$54,000
Income Female
$43,500
Poverty Rate
12.8%
Non English Speakers
11.2%
Rent
$1,520
Unemployment Rate
5.8%
Public Transport Usage
4.1%
Commute Time
18.7 minutes

Education

High School or Higher
91.0%
Bachelors or More
31.4%

Education

How are the schools in Fairbanks, AK?

Fairbanks offers quality education options, with public schools like Lathrop High School and Ben Eielson Junior-Senior 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 and Charter College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Lathrop High School
Street
901 University Ave
Phone
907-452-2000
Students
1,450
Student Teacher Ratio
16.5
Name
Ben Eielson Junior-Senior High School
Street
675 Gaffney Rd
Phone
907-372-3300
Students
680
Student Teacher Ratio
13.4

Private Schools

Name
Tanana Valley Campus School
Street
604 Barnette St
Phone
907-452-2256
Students
120

Colleges

Name
University of Alaska Fairbanks
City
Fairbanks
State
AK
Distance
0 miles
Students
6,700
Name
Charter College
City
Fairbanks
State
AK
Distance
3 miles
Students
1,100

Healthcare

Fairbanks residents have access to quality healthcare, with major hospitals like Fairbanks Memorial Hospital and Bassett Army Community Hospital nearby. The community benefits from a high physician-to-resident ratio of 2.4 per 1,000 people and 90.1% 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
Name
Bassett Army Community Hospital
Address
4076 Neely Rd, Fort Wainwright, AK 99703
Phone
(907) 361-5176
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.4
Health Insurance Coverage
90.1%
Health Care Index
71.8

Housing Market

What is the housing market like in Fairbanks, AK?

The local housing market is strong, with a median home price of $315,000 and an owner-occupied rate of nearly 58%. The market has seen a 3.2% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Fairbanks offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$315,000
Average Rent For 2 Bedroom
$1,520
Owner Occupied Rate
58.4%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
3.2%
New Construction Rate
1.1%
Foreclosure Rate
0.3%

DMV Information

Residents of Fairbanks handle vehicle services through the Alaska Division of Motor Vehicles, conveniently located in Anchorage. 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
3901 Old Seward Hwy, Suite 101, Anchorage, AK 99503
Phone
1-855-269-5551

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 32,515, median home value $315,000, average rent for 2 bedroom $1,520, commute time 18.7 minutes, and sunny days percentage 54%.

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