Fairbanks, AK — Demographics & Statistics
ZIP code 99701 serves a portion of Fairbanks, Alaska, within Fairbanks North Star Borough. This community is home to approximately 10,862 residents, with a median age of 40.3 years. The median household income of $84,524 sits above the national median of $67,521, while median home values of $591,668 are above the national average of $301,500. The area has a owner-majority housing profile, with 57% owner-occupied and 43% renter-occupied units. Cost of living in this part of Fairbanks is higher than the national baseline, with an index of 123 (100 = national average). With a college-education rate of 67% and an unemployment rate of 4.5%, 99701 reflects the economic character of Fairbanks North Star Borough in Alaska.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 10,862 | — |
| Population | Density (per sq mi) | 7,438 | — |
| Economics | Median Household Income | $84,524 | ↑ 25% vs nat'l avg |
| Economics | Median Home Value | $591,668 | ↑ 96% vs nat'l avg |
| Economics | Cost of Living Index | 123 | ↑ Higher than avg |
| Economics | Unemployment Rate | 4.5% | ↑ 15% vs nat'l avg |
| Economics | Below Poverty Line | 11.8% | ↑ 4% vs nat'l avg |
| Education | College Educated (25+) | 67% | ↑ 91% vs nat'l avg |
| Demographics | Median Age | 40.3 yrs | ↑ 5% vs nat'l avg |
| Housing | Owner-Occupied | 57% | — |
| Housing | Renter-Occupied | 43% | — |
| Housing | Total Housing Units | 4,344 | — |