Is Fairbanks, AK growing?

Name: Growth in Fairbanks, AK, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Fairbanks, AK had an estimated 32,083 (±56) residents in 2020–2024, against 31,551 in 2015–2019.

That is a change of +1.7%, a measurable increase.

Its housing went from 12,967 to 13,793 homes (+6.4%), not a measurable change.

0.1% of today’s homes were built in 2020 or later.

Figures last updated on November 12, 2026.

Residents now: 32,083 (±56)
Amount of change: +1.7%
Homes change: +6.4%
Built 2020 or later: 0.1%

Residents and homes in Fairbanks, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Residents	31,551 (±38)	32,083 (±56)	+1.7%	Measurable increase
Housing units	12,967 (±566)	13,793 (±902)	+6.4%	Not a measurable change
Households that rent	64.2% (±2.8 points)	60.2% (±3.2 points)	−4.0 percentage points	Not a measurable change
Median gross rent	$1,388 (±$55)	$1,496 (±$81)	+7.8%	Down after inflation
Median home value	$211,500 (±$10,543)	$268,400 (±$13,741)	+26.9%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Fairbanks against Fairbanks North Star Borough, its state and the nation

Change between 2015–2019 and 2020–2024
	Residents	Verdict	Housing units
Fairbanks	+1.7%	Measurable increase	+6.4%
Fairbanks North Star Borough	−3.6%	Measurable decrease	−3.4%
Alaska	−0.2%	Measurable decrease	+3.7%
United States	+3.1%	Measurable increase	+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Fairbanks

Housing units by year built, 2020–2024
Year built	Fairbanks	Fairbanks North Star Borough	Alaska	United States
2020 or later	0.1% (±0.3 points)	0.7%	0.9%	2.0%
2010 to 2019	6.9% (±2.0 points)	8.2%	9.3%	9.4%
2000 to 2009	11.9% (±2.4 points)	15.5%	15.7%	13.6%

7.0% of the homes in Fairbanks were built in 2010 or later.

The median age of residents is 29.0 years.

Growth in places near Fairbanks

Change in residents between 2015–2019 and 2020–2024
Place	Distance	Residents now	Amount of change	Verdict
Fairbanks	—	32,083	+1.7%	Measurable increase
Farmers Loop	5.1 mi	4,954	−5.0%	Not a measurable change
College	5.4 mi	11,924	−6.8%	Not a measurable change
Badger	8.2 mi	18,677	−1.2%	Not a measurable change
Steele Creek	8.8 mi	5,928	−23.1%	Measurable decrease
North Pole	10 mi	2,370	−13.5%	Not a measurable change
Chena Ridge	12 mi	5,881	−3.8%	Not a measurable change
Ester	12 mi	2,752	+69.7%	Measurable increase
Goldstream	13 mi	3,294	−8.3%	Not a measurable change

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Fairbanks

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Fairbanks beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Fairbanks, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Fairbanks, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Fairbanks

Is Fairbanks growing?

Fairbanks, AK had an estimated 32,083 residents in 2020–2024 and 31,551 in 2015–2019, a change of +1.7%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Fairbanks?

The estimated number of housing units went from 12,967 in 2015–2019 to 13,793 in 2020–2024 (+6.4%), not a measurable change.

How much new construction is there in Fairbanks?

0.1% of homes in Fairbanks were built in 2020 or later and 6.9% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Fairbanks city, Alaska (place:24230, in state:02).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.