Is Fairbanks, Alaska a Good Place To Live? - Living In Fairbanks, AK

Is Fairbanks, Alaska a good place to live?
Fairbanks is a city in Alaska state in USA with a population of 31427 residents.. The poverty rate of Fairbanks is 9.3%, which is 34% lower than national average. The typical household in Fairbanks earns $64397 a year, compared to the national median of $67,500. Nearly 34% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Fairbanks, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fairbanks remained 8.3%, which is 77% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fairbanks, only 27% of adults have a bachelor's degree and 39% have some college but no degree.

Cost of living in Fairbanks is 132, which is 32% higher than national average. Median home value in Fairbanks is $217700 , which is 5% lower than national average. While median income in Fairbanks remained $64397, which is 5% lower than national average.
Population
31427
Unemployment
8.3%
77% NAT AVG.
Poverty
9.3%
34% NAT AVG.
Overall Score
6
Median Home Cost
$217700
5% NAT AVG.
Median Income
$64397
5% NAT AVG.
Median Rent
$1327
14% NAT AVG.
Cost Of Living
132
32% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 12
People Earning < $10,000
1 in 31
People Earning < $50,000
34%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.7
Pros & Cons Overview

Jobs60%

Housing85%

Affordability50%

Safety30%

Amenities80%

Diversity95%

Education80%

Commute100%