Fairbanks North Star

As of today, the 30-year fixed mortgage rate for Fairbanks North Star is approximately 6.953% (6.991% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

The median home value in Fairbanks North Star is $299k. The median monthly rent is $1,466. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Home values in Fairbanks North Star have increased 9.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

Based on a typical all-in ownership cost of $1,538/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairbanks North Star is $91k/year.

The largest employment sectors in Fairbanks North Star are public administration (26%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.