Fairbanks, AK Real Estate
According to census data in the year 2000 there were 12,414 housing units in Fairbanks.
This represents a 1% decline from 12,537 in 1990.
Of those housing units, 11,908 were located in either urbanized areas or urban clusters, and 506 were located in what is classified as a rural area.
Homeownership rate in Fairbanks is about 34.7%.
Fairbanks's vacancy rate, including seasonal lodging, is about 10.4%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Fairbanks were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.20% |
| One Bedroom | 22.10% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 27.40% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $126,400 |
| Median Price asked for vacant units | $115,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $629 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 64.50% |
| Debt Free | 26.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
