Home/Alaska/Fairbanks North Star Borough

Fairbanks North Star Borough Housing Market

Alaska · 30 counties · Ranked #2574 in home value

Above National Avg

Housing at a Glance

Median Home Value

$282,500

vs national+$282,500 vs $281,900 national

Median Gross Rent

$1,424/mo

vs national+$1,424 vs $1,163 national

Effective Tax Rate

1.26%

vs national+1.26% vs 1.02% national

Median Household Income

$84,722

vs national+$84,722 vs $74,755 national

Affordability Ratio

3.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,570

Tax as % of Home Value

1.26%

Monthly Owner Cost

$1,530

Renter Income

$60,810

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$536+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Fairbanks North Star Borough. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Fairbanks North Star Borough?

The median home value in Fairbanks North Star Borough is $282,500. This is above the national median of $281,900.

How much is rent in Fairbanks North Star Borough?

The median gross rent in Fairbanks North Star Borough is $1,424 per month.

What is the property tax rate in Fairbanks North Star Borough?

The effective property tax rate in Fairbanks North Star Borough is 1.26%. The median annual property tax bill is $3,570.

Is Fairbanks North Star Borough affordable?

With a home-value-to-income ratio of 3.3x, Fairbanks North Star Borough is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.