Fairbanks North Star Borough, AK Median Household Income By Race

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 72.97% of the total residents in Fairbanks North Star Borough. Notably, the median household income for White households is $86,743.

Interestingly, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $90,599. This reveals that, while Whites may be the most numerous in Fairbanks North Star Borough, Black or African American households experience greater economic prosperity in terms of median household income.

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.

In Fairbanks North Star Borough, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $90,599. White households have a median income of approximately $86,743. Two or More Races households have a median income of approximately $86,445. Asian households have a median income of approximately $83,352. Some Other Race households have a median income of approximately $66,831. Conversely, American Indian and Alaska Native households reveal the lowest median income at $49,339. 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 $3,880(4.28%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $90,623 in 2012 and $86,743 in 2022.
• Black or African American: In Fairbanks North Star Borough, the median household income for the households where the householder is Black or African American increased by $20,052(28.42%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $70,547 in 2012 and $90,599 in 2022.
• American Indian and Alaska Native: In Fairbanks North Star Borough, there was no reported median household income for American Indian and Alaska Native households in 2012. However, in 2022, the median household income increased to $49,339, marking a significant change.
• Asian: In Fairbanks North Star Borough, the median household income for the households where the householder is Asian decreased by $22,568(21.31%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $105,920 in 2012 and $83,352 in 2022.
• Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
• Some other race: In Fairbanks North Star Borough, there was no reported median household income for Some other race households in 2012. However, in 2022, the median household income increased to $66,831, marking a significant change.
• Two or more races (multiracial): In Fairbanks North Star Borough, the median household income for the households where the householder is multiracial increased by $36,363(72.61%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $50,082 in 2012 and $86,445 in 2022.
• 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.

Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $66,831. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $22,568 in median income.

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 2022 1-Year Estimates, households with Black or African American householders in Fairbanks North Star Borough have the highest median household income at $90,599.

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 Black or African American households boast the highest median household income at about $90,599. White households have a median income of approximately $86,743. Two or More Races households have a median income of approximately $86,445. Asian households have a median income of approximately $83,352. Some Other Race households have a median income of approximately $66,831. Conversely, American Indian and Alaska Native households reveal the lowest median income at $49,339. 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 2022 1-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 $49,339 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 $3,880(4.28%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $90,623 in 2012 and $86,743 in 2022.

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 increased by $20,052(28.42%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $70,547 in 2012 and $90,599 in 2022.

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