Fairbanks is a medium-sized city located in the state of Alaska. With a population of 31,856 people and 14 associated neighborhoods, Fairbanks is the second largest community in Alaska.
The armed forces are a huge part of the life in Fairbanks, employing 18.45% of the workforce. While it is a military town, the civilian sector still plays an important role in the local economy, where the Healthcare and Retail industries employ 20.48% and 13.50% of the civilian workforce, respectively.
Also of interest is that Fairbanks has more people living here who work in computers and math than 95% of the places in the US.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 15.61 minutes getting to work every day.
The overall education level of Fairbanks is somewhat higher than in the average US city of 21.84%: 26.47% of adults 25 and older in the city have at least a bachelor's degree.
The per capita income in Fairbanks in 2022 was $36,392, which is lower middle income relative to Alaska, and middle income relative to the rest of the US. This equates to an annual income of $145,568 for a family of four. However, Fairbanks contains both very wealthy and poor people as well.
Fairbanks is an extremely ethnically-diverse city. The people who call Fairbanks home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fairbanks residents report their race to be White, followed by Native American. Fairbanks also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.64% of the city’s residents. Important ancestries of people in Fairbanks include German, Irish, English, Italian, and Scottish.
The most common language spoken in Fairbanks is English. Other important languages spoken here include Spanish and Native American languages.