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The total population of Fairbanks is estimated to be 32,496 with 17,413 males (53.59%) and 15,083 females (46.41%). There are 2,330 less females than males in Fairbanks.
The median household income in Fairbanks was $71,958 in 2021, which marked an a decrease of 1,013(1.39%) from $72,971 in 2020. This income is 96.45% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Fairbanks sees its highest median household income among householders in the age group of 45 to 64 years old, at $85,508. Overall, the median household income for the city of Fairbanks stands at $71,958.
In Fairbanks, the median income for all workers aged 15 years and older, regardless of work hours, was $43,462 for males and $29,096 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,759 for males and $51,394 for females.
In Fairbanks, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $93,402, while American Indian and Alaska Native households represent the opposite end with the lowest median household income of $39,142.
In 2022, the population of Fairbanks was 32,107, a 0.21% decrease year-by-year from 2021. Previously, in 2021, Fairbanks's population was 32,174, a decline of 0.70% compared to a population of 32,401 in 2020.
The median age in Fairbanks, AK is 28.2, as per 2021 ACS 5-Year Estimates. Of the total population, 21.85% were under the age of 15, 31.00% aged 15 to 29, 35.75% aged 30 to 64, 10.45% aged 65 to 84, and 0.94% were 85 years of age and older.
Racial distribution of Fairbanks population: 66.47% are White, 8.30% are Black or African American, 9.34% are American Indian and Alaska Native, 4.10% are Asian, 0.17% are Native Hawaiian and other Pacific Islander, 2.73% are some other race and 8.90% are multiracial.