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Fairbanks, Alaska Economy Profile

Official State Website URL- http://www.alaska.gov

QuickFacts


 Fairbanks, Alaska United States
StateAlaska
CityFairbanks
Total population30,224 281,421,906
Male15,501138,053,563
Female14,723143,368,343
Median age (years)27.635.3
Total households11,075105,480,101
Median household income (dollars)40,57741,994

Fairbanks, Alaska Economy

The number of private wage and salary workers in Fairbanks, Alaska equals 7,576. Government workers comprise 24.7% of workers in Fairbanks, Alaska. Self-employed workers in own not incorporated business make up seven point one six percent of Fairbanks, Alaska labor force. There are 53 unpaid family workers in Fairbanks, Alaska.

seven point three seven percent of population are involved in construction, 2.23% are in manufacturing, and 2.33% are in wholesale trade. 7.31% of labor force provide professional, scientific, management, administrative, and waste management services in Fairbanks, Alaska. Eleven point four three percent of people provide Arts, entertainment, recreation, in Fairbanks, Alaska.

seventy-one point two three percent of population 16 years and over is in the active work force in Fairbanks, Alaska. 67.02% of Fairbanks, Alaska workers 16 years and over commute to work by car, truck, or van - drive alone. Four point eight two percent of Fairbanks, Alaska residents work at home. 1.33% use public transportation (including taxicab).

 Fairbanks, Alaska %, Fairbanks, Alaska United States
Population 16 years and over22,225  217,168,077
In labor force15,830 71.23%63.92%
- Civilian labor force12,564 56.53%63.39%
- - Employed11,197 50.38%59.73%
- - Unemployed1,367 6.15%3.66%
- - - Percent of civilian labor force10.9  5.8
- Armed Forces3,266 14.7%0.53%
Not in labor force6,395 28.77%36.08%
 
Females 16 years and over10,686 48.08%51.66%
In labor force6,712 30.2%29.72%
- Civilian labor force6,298 28.34%29.65%
- - Employed5,650 25.42%27.92%
 
Own children under 6 years3,353 15.09%10.05%
All parents in family in labor force1,893  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over14,133  128,279,228
Car, truck, or van -- drove alone9,472 67.02%75.7%
Car, truck, or van -- carpooled2,605 18.43%12.19%
Public transportation (including taxicab)188 1.33%4.73%
Walked901 6.38%2.93%
Other means286 2.02%1.19%
Worked at home681 4.82%3.26%
Mean travel time to work (minutes)12.3 0.09%25.5
 
Employed civilian population 16 years and over11,197  129,721,512
 
OCCUPATION
Management, professional, and related occupations3,406 30.42%33.65%
Service occupations2,081 18.59%14.86%
Sales and office occupations3,207 28.64%26.69%
Farming, fishing, and forestry occupations34 0.3%0.73%
Construction, extraction, and maintenance occupations1,388 12.4%9.45%
Production, transportation, and material moving occupations1,081 9.65%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining223 1.99%1.87%
Construction825 7.37%6.78%
Manufacturing250 2.23%14.1%
Wholesale trade261 2.33%3.6%
Retail trade1,557 13.91%11.73%
Transportation and warehousing, and utilities989 8.83%5.2%
Information275 2.46%3.08%
Finance, insurance, real estate, and rental and leasing546 4.88%6.89%
Professional, scientific, management, administrative, and waste management services819 7.31%9.3%
Educational, health and social services2,532 22.61%19.92%
Arts, entertainment, recreation, accommodation and food services1,280 11.43%7.87%
Other services (except public administration)700 6.25%4.87%
Public administration940 8.4%4.79%
 
CLASS OF WORKER
Private wage and salary workers7,576 67.66%78.47%
Government workers2,766 24.7%14.59%
Self-employed workers in own not incorporated business802 7.16%6.63%
Unpaid family workers53 0.47%0.31%
 Fairbanks, Alaska %, Fairbanks, Alaska United States
INCOME IN 1999
Households11,132  105,539,122
Less than $10,000822 7.38%9.54%
$10,000 to $14,999820 7.37%6.31%
$15,000 to $24,9991,468 13.19%12.83%
$25,000 to $34,9991,615 14.51%12.81%
$35,000 to $49,9992,052 18.43%16.53%
$50,000 to $74,9992,167 19.47%19.46%
$75,000 to $99,9991,086 9.76%10.23%
$100,000 to $149,999802 7.2%7.72%
$150,000 to $199,999206 1.85%2.2%
$200,000 or more94 0.84%2.37%
Median household income (dollars)40,577  41,994
With earnings9,708 43.68%39.12%
- Mean earnings (dollars)45,795  56,604
With Social Security income1,624 7.31%12.47%
- Mean Social Security income (dollars)10,829  11,320
With Supplemental Security Income408 1.84%2.13%
- Mean Supplemental Security Income (dollars)5,965  6,320
With public assistance income1,080 4.86%1.67%
- Mean public assistance income (dollars)3,691  3,032
With retirement income1,522 6.85%8.13%
- Mean retirement income (dollars)21,953  17,376
 
Families7,261  72,261,780
Less than $10,000305 4.2%5.75%
$10,000 to $14,999271 3.73%4.31%
$15,000 to $24,999899 12.38%10.74%
$25,000 to $34,9991,008 13.88%12.02%
$35,000 to $49,9991,439 19.82%17.13%
$50,000 to $74,9991,574 21.68%22.32%
$75,000 to $99,999917 12.63%12.47%
$100,000 to $149,999648 8.92%9.6%
$150,000 to $199,999141 1.94%2.75%
$200,000 or more59 0.81%2.92%
Median family income (dollars)46,785  50,046
 
Per capita income (dollars)19,814  21,587
Median earnings (dollars):
Male full-time, year-round workers30,539  37,057
Female full-time, year-round workers26,577  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families538  6,620,945
With related children under 18 years469 87.17%77.87%
- With related children under 5 years272 50.56%38.7%
 
Families with female householder, no husband present307  3,315,916
With related children under 18 years307 100.0%88.68%
- With related children under 5 years170 55.37%42.27%
 
Individuals3,002  33,899,812
18 years and over1,928 64.22%65.35%
- 65 years and over141 4.7%9.7%
Related children under 18 years998 33.24%33.59%
- Related children 5 to 17 years614 20.45%23.52%
Unrelated individuals 15 years and over1,157 38.54%31.63%
View more about Fairbanks, Alaska: population  |   housing  |   education  |   economy  |   neighborhood


The data is taken from www.census.gov reports.