Fairbanks is a medium-sized city located in the state of Alaska. With a population of 32,515 people and 14 constituent neighborhoods, Fairbanks is the second largest community in Alaska.
14.90% of the workforce is employed in the armed forces, making the military a huge focus of life in Fairbanks. Even though it is a military town, the civilian sector still plays an important role in the local economy. The Healthcare and Retail industries respectively employ 18.25% and 14.45% of the civilian workforce.
One of the benefits of Fairbanks is that there is very little traffic. The average commute to work is 14.81 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
The percentage of people in Fairbanks who are college-educated is somewhat higher than the average US community of 21.84%: 26.85% of adults in Fairbanks have at least a bachelor's degree.
The per capita income in Fairbanks in 2018 was $31,455, which is middle income relative to Alaska, and upper middle income relative to the rest of the US. This equates to an annual income of $125,820 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 Black or African-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 10.90% of the city’s residents. Important ancestries of people in Fairbanks include German, Irish, English, Italian, and Norwegian.
The most common language spoken in Fairbanks is English. Other important languages spoken here include Spanish and Native American languages.