Median Household Income by Racial Categories in Fairbanks North Star Borough, AK , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Fairbanks North Star Borough, based on the latest 5-Year estimates from the American Community Survey , when adjusted for the inflation.
| Race Of The Head Of Household | Median Household Income |
|---|---|
| White | $89,290 |
| Black or African American | $60,897 |
| American Indian and Alaska Native | $59,253 |
| Asian | $76,263 |
| Some Other Race | $72,354 |
| Two or More Races | $88,423 |
TABLE OF CONTENTS
Fairbanks North Star Borough, AK median household income diversity
Based on our analysis of the distribution of Fairbanks North Star Borough population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 70.42% of the total residents in Fairbanks North Star Borough. Notably, the median household income for White households is $89,290.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $89,290.
For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
In Fairbanks North Star Borough, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $89,290. Two or More Races households have a median income of approximately $88,423. Asian households have a median income of approximately $76,263. Some Other Race households have a median income of approximately $72,354. Black or African American households have a median income of approximately $60,897. Conversly, American Indian and Alaska Native households reveal the lowest median income at $59,253. These disparities underscore the varied income distribution within the county of Fairbanks North Star Borough.
Fairbanks North Star Borough, AK median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Fairbanks North Star Borough, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Fairbanks North Star Borough.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Fairbanks North Star Borough, the median household income for the households where the householder is White decreased by $5,104(5.41%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $94,394 in 2013 and $89,290 in 2023.
- Black or African American: In Fairbanks North Star Borough, the median household income for the households where the householder is Black or African American decreased by $23,117(27.52%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $84,014 in 2013 and $60,897 in 2023.
- American Indian and Alaska Native: In Fairbanks North Star Borough, the median household income for the households where the householder is American Indian and Alaska Native increased by $7,453(14.39%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $51,800 in 2013 and $59,253 in 2023.
- Asian: In Fairbanks North Star Borough, the median household income for the households where the householder is Asian decreased by $30,661(28.68%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $106,924 in 2013 and $76,263 in 2023.
- Native Hawaiian and Other Pacific Islander: In Fairbanks North Star Borough, the median household income for Native Hawaiian and Other Pacific Islander households was $56,944 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Some other race: In Fairbanks North Star Borough, the median household income for the households where the householder is Some other race increased by $5,846(8.79%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $66,508 in 2013 and $72,354 in 2023.
- Two or more races (multiracial): In Fairbanks North Star Borough, the median household income for the households where the householder is multiracial increased by $32,205(57.29%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $56,218 in 2013 and $88,423 in 2023.
- Above analysis reconfirms that there are 6 race households in Fairbanks North Star Borough. Households are categorized based on the self-identified race of the head of household.
Fairbanks North Star Borough median household income by race betwen 2013 and 2023
Explore the evolution of median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau. This table showcases the annual income trends, from 2013 to 2023, providing insights into the economic shifts within diverse racial communities.
| Race Of The Head Of Household | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $99,449 | $97,471 | $96,157 | $94,394 | $95,015 | $95,771 | $98,509 | $100,644 | $99,093 | $96,817 | $94,696 | $91,139 | $89,829 | $89,290 |
| Black or African American | $77,147 | $91,072 | $80,295 | $84,014 | $78,952 | $72,694 | $66,833 | $74,050 | $75,435 | $83,248 | $72,368 | $73,820 | $60,961 | $60,897 |
| American Indian and Alaska Native | $58,783 | N/A | $63,625 | $51,800 | $59,171 | $62,349 | $65,210 | $63,401 | $63,108 | $65,683 | $76,900 | $64,972 | $57,953 | $59,253 |
| Asian | $106,468 | $110,182 | $107,903 | $106,924 | $90,723 | $72,676 | $71,636 | $70,628 | $70,453 | $70,615 | $75,390 | $74,489 | $74,260 | $76,263 |
| Native Hawaiian and Other Pacific Islander | $80,283 | N/A | $52,345 | $56,944 | $56,392 | $55,046 | $54,471 | N/A | $114,298 | $114,689 | $112,666 | N/A | $89,415 | N/A |
| Some Other Race | $65,873 | $65,635 | $65,729 | $66,508 | $62,373 | $62,349 | $65,109 | $67,133 | $66,609 | $78,354 | $77,282 | $66,123 | $68,693 | $72,354 |
| Two or More Races | $67,957 | N/A | $66,732 | $56,218 | $71,490 | $68,548 | $69,738 | $68,134 | $75,456 | $71,752 | $81,091 | $93,211 | $84,862 | $88,423 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Fairbanks North Star Borough, AK?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with White householders in Fairbanks North Star Borough have the highest median household income at $89,290.
How does the median household income vary by race in Fairbanks North Star Borough, AK?
In Fairbanks North Star Borough, the median household income In Fairbanks North Star Borough, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $89,290. Two or More Races households have a median income of approximately $88,423. Asian households have a median income of approximately $76,263. Some Other Race households have a median income of approximately $72,354. Black or African American households have a median income of approximately $60,897. Conversly, American Indian and Alaska Native households reveal the lowest median income at $59,253. These disparities underscore the varied income distribution within the county of Fairbanks North Star Borough..
Which racial group has the lowest median household income according to the Census Bureau in Fairbanks North Star Borough, AK?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as American Indian and Alaska Native in Fairbanks North Star Borough exhibit the lowest median household income at $59,253 among the identified racial categories.
What is the median household income for White households in Fairbanks North Star Borough, AK?
In Fairbanks North Star Borough, the median household income for the households where the householder is White decreased by $5,104(5.41%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $94,394 in 2013 and $89,290 in 2023.
What is the median household income for Black or African American households in Fairbanks North Star Borough, AK?
In Fairbanks North Star Borough, the median household income for the households where the householder is Black or African American decreased by $23,117(27.52%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $84,014 in 2013 and $60,897 in 2023.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)
