Population 244 · Census ACS 2020–24
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Population and households in Fairbanks
Household size in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 2.60 | 2.54 | 2.68 |
| 2010–14 | 2.45 | 2.57 | 2.73 |
| 2015–19 | 2.39 | 2.55 | 2.71 |
| 2020–24 | 2.18 | 2.53 | 2.65 |
| Change | −0.42 | −0.00 | −0.03 |
Fairbanks is a place of small households, averaging 2.18 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.60 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 42.7 | 37.9 | 37.7 |
| 2010–14 | 46.7 | 38.7 | 38.6 |
| 2015–19 | 45.0 | 39.5 | 39.6 |
| 2020–24 | 47.5 | 39.6 | 40.1 |
| Change | +4.8 | +1.7 | +2.3 |
With a median age of 47.5, Fairbanks is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 12.4% | 12.5% | 12.3% |
| 2010–14 | 11.8% | 12.5% | 12.3% |
| 2015–19 | 7.7% | 12.3% | 11.6% |
| 2020–24 | 12.2% | 12.3% | 11.6% |
| Change | −0.2 pts | −0.2 pts | −0.6 pts |
Single-parent households are about as common in Fairbanks as they are nationally: 12.2%, against 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Fairbanks
Renters in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 25.5% | 32.3% | 33.3% |
| 2010–14 | 24.3% | 33.5% | 35.6% |
| 2015–19 | 21.0% | 34.4% | 36.0% |
| 2020–24 | 31.1% | 33.6% | 34.8% |
| Change | +5.6 pts | +1.3 pts | +1.5 pts |
Most households in Fairbanks own their homes; 31.1% rent, a little below the national share of 34.8%. That is in line with the rest of Arkansas. Among homeowners, 62.8% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 18.4% | 13.4% | 11.4% |
| 2010–14 | 14.2% | 13.9% | 11.4% |
| 2015–19 | 20.6% | 14.4% | 11.1% |
| 2020–24 | 16.1% | 13.1% | 9.6% |
| Change | −2.3 pts | −0.3 pts | −1.8 pts |
Vacancy is high in Fairbanks: 16.1% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 1977 | 1981 | 1974 |
| 2010–14 | 1989 | 1983 | 1975 |
| 2015–19 | 1985 | 1985 | 1977 |
| 2020–24 | 1989 | 1988 | 1980 |
| Change | +12 | +6 | +6 |
Much of the housing in Fairbanks is relatively new: half of its homes were built after 1989, compared with 1980 for the U.S. as a whole. The picture is much the same across Arkansas.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | $494 | $660 | $965 |
| 2010–14 | $598 | $718 | $1,040 |
| 2015–19 | $658 | $785 | $1,213 |
| 2020–24 | $840 | $1,007 | $1,571 |
| Change | +$346 | +$346 | +$606 |
Rent in Fairbanks runs $840 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 23.2% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Fairbanks
Bachelor's degrees in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 6.2% | 20.6% | 28.4% |
| 2010–14 | 9.8% | 21.8% | 29.6% |
| 2015–19 | 13.2% | 23.8% | 32.1% |
| 2020–24 | 12.4% | 26.2% | 35.6% |
| Change | +6.2 pts | +5.6 pts | +7.2 pts |
College degrees are relatively uncommon in Fairbanks: 12.4% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 79.2% | 82.6% | 84.9% |
| 2010–14 | 79.4% | 84.6% | 86.1% |
| 2015–19 | 83.2% | 86.6% | 87.7% |
| 2020–24 | 92.3% | 88.7% | 89.3% |
| Change | +13.1 pts | +6.1 pts | +4.3 pts |
High school completion in Fairbanks is a bit above the national rate: 92.3% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Fairbanks
| Period | Fairbanks | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 8.3% | 7.7% | 8.1% |
| 2010–14 | 11.1% | 8.4% | 9.4% |
| 2015–19 | 13.2% | 5.2% | 5.6% |
| 2020–24 | 2.6% | 5.1% | 5.4% |
| Change | −5.7 pts | −2.6 pts | −2.7 pts |
The job market in Fairbanks has been strong: just 2.6% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Fairbanks compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Fairbanks | 2.18 | 47.5 | 12.2% | 31.1% | 16.1% | 1989 | $840 | 12.4% | 92.3% | 2.6% |
| Quitman | 2.47 | 47.9 | 10.7% | 18.1% | 27.2% | 1995 | $843 | 20.5% | 89.7% | 4.5% |
| Gravesville | 2.27 | 46.2 | 13.4% | 26.3% | 12.8% | 1991 | $957 | 13.1% | 93.1% | 0.9% |
| Enders | 2.57 | 43.3 | 9.3% | 13.5% | 9.8% | 1998 | $953 | 19.8% | 83.2% | 2.4% |
| Morganton | 2.08 | 49.3 | 13.9% | 36.8% | 27.3% | 1990 | $606 | 7.1% | 92.2% | 0.9% |
| Bee Branch | 2.33 | 47.4 | 10.4% | 28.8% | 19.9% | 1991 | $1,037 | 12.2% | 87.1% | 0.9% |
| Southside | 2.50 | 46.2 | 13.9% | 18.5% | 19.1% | 1990 | $880 | 12.1% | 87.3% | 1.7% |
| Guy | 2.56 | 44.3 | 11.1% | 18.0% | 5.6% | 1998 | $1,032 | 17.9% | 91.5% | 2.4% |
| Damascus | 2.50 | 44.6 | 10.7% | 20.1% | 11.5% | 1995 | $1,004 | 16.0% | 89.7% | 1.4% |
| Pearson | 2.62 | 49.3 | 11.1% | 13.9% | 30.6% | 1995 | $850 | 24.5% | 90.6% | 7.0% |
| Whipple | 2.52 | 46.6 | 11.1% | 19.7% | 18.5% | 1990 | $947 | 13.3% | 84.5% | 1.5% |
All figures 2020–24.
Cities with similar populations: Oakland Mills, PA · North Cuba, NY · North Fenton, NY · North Fryeburg, ME · North Granville, NY · North Henderson, NC · North Patton, MO · North Plato, IL · North Wade, ME · North Winfield, NY
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Fairbanks. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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