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Knik-Fairview

Learn about the people, housing, costs and businesses in Knik-Fairview, Alaska

Median Home$346,127
Median Rent$1,553/month
Population20,101
Leading IndustriesManufacturing · Wholesale Trade · Agriculture & Mining4% manufacturing
Home Value Growth⬆⬆+13.1% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners84% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableHigh Incomes$98k/year · top 19% nationally
Knik-Fairview
AK

Frequently Asked Questions

What are today's mortgage rates in Knik-Fairview?

As of today, the 30-year fixed mortgage rate for Knik-Fairview is approximately 6.888% (6.924% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Knik-Fairview?

The median home value in Knik-Fairview is $346k. The median monthly rent is $1,553. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Knik-Fairview?

Home values in Knik-Fairview have increased 13.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Knik-Fairview?

Based on a typical all-in ownership cost of $1,741/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $75k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Knik-Fairview is $98k/year.

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What industries drive the economy in Knik-Fairview?

The largest employment sectors in Knik-Fairview are public administration (20%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.