hen compared with the national average. However, it is lower than most other Alaskan communities and compares favorably with many other North American cities. Residents enjoy a very low tax burden with no state, local or sales taxes. According to estimates in 2005, home values on average had risen to $Fairbanks is the second largest city in Alaska. If you are considering relocating to Fairbanks, the following facts and information can help with the decision.

The northernmost city in the U.S. at the Interior of Alaska, Fairbanks is just 125 miles south of the Arctic Circle. It’s estimated 31,324 people live in the city. When you include the Fairbanks North Star Borough, 82,840 people inhabit the area. About 17,000 military personnel make up 20 percent of the borough population. The University of Alaska Fairbanks alone accounts for 10,400 students each year. Population growth has steadily risen since the 1960s. The discovery of oil and construction of the Alaskan pipeline have been the primary reason. U.S. Census statistics show that in the two decades since 1960 the total number of residents grew 31.4%. But from 1980 to 2000 it had more than doubled. White non-hispanic residents account for 74.4% of the population, 7.8% are native American, 5.5% hispanic and 5.3% black. At 31, the average age per resident is more than five years below the state.

When determining if you should be relocating to Fairbanks, cost should be an issue. Fairbanks' cost of living could be considered high when compared with the national average. However, it is lower than most other Alaskan communities and compares favorably with many other North American cities. Residents enjoy a very low tax burden with no state, local or sales taxes. According to estimates in 2005, home values on average had risen to $

4 people live in the city. When you include the Fairbanks North Star Borough, 82,840 people inhabit the area. About 17,000 military personnel make up 20 percent of the borough population. The University of Alaska Fairbanks alone accounts for 10,400 students each year. Population growth has steadily risen since the 1960s. The discovery of oil and construction of the Alaskan pipeline have been the primary reason. U.S. Census statistics show that in the two decades since 1960 the total number of residents grew 31.4%. But from 1980 to 2000 it had more than doubled. White non-hispanic residents account for 74.4% of the population, 7.8% are native American, 5.5% hispanic and 5.3% black. At 31, the average age per resident is more than five years below the state.

When determining if you should be relocating to Fairbanks, cost should be an issue. Fairbanks' cost of living could be considered high when compared with the national average. However, it is lower than most other Alaskan communities and compares favorably with many other North American cities. Residents enjoy a very low tax burden with no state, local or sales taxes. According to estimates in 2005, home values on average had risen to $

en since the 1960s. The discovery of oil and construction of the Alaskan pipeline have been the primary reason. U.S. Census statistics show that in the two decades since 1960 the total number of residents grew 31.4%. But from 1980 to 2000 it had more than doubled. White non-hispanic residents account for 74.4% of the population, 7.8% are native American, 5.5% hispanic and 5.3% black. At 31, the average age per resident is more than five years below the state.

When determining if you should be relocating to Fairbanks, cost should be an issue. Fairbanks' cost of living could be considered high when compared with the national average. However, it is lower than most other Alaskan communities and compares favorably with many other North American cities. Residents enjoy a very low tax burden with no state, local or sales taxes. According to estimates in 2005, home values on average had risen to $

or 74.4% of the population, 7.8% are native American, 5.5% hispanic and 5.3% black. At 31, the average age per resident is more than five years below the state.

When determining if you should be relocating to Fairbanks, cost should be an issue. Fairbanks' cost of living could be considered high when compared with the national average. However, it is lower than most other Alaskan communities and compares favorably with many other North American cities. Residents enjoy a very low tax burden with no state, local or sales taxes. According to estimates in 2005, home values on average had risen to $

hen compared with the national average. However, it is lower than most other Alaskan communities and compares favorably with many other North American cities. Residents enjoy a very low tax burden with no state, local or sales taxes. According to estimates in 2005, home values on average had risen to $171,700 for an owner-occupied dwelling. Prices can vary greatly. A three-bedroom home is estimated to cost $1,400 per month to lease. The median rent paid by residents is $789 monthly. A lot of the housing in the area is relatively new or updated. After a massive flood in 1967, 95% of homes and businesses in Fairbanks were under eight feet of water. Federal funding more than compensated to help rebuild or replace the damaged structures.

Home of one the most notable Alaskan gold expeditions, more than $200 million in gold has been extracted from the mining district. There are still gold mines in operation today. The Trans-Alaska Pipeline annually produces 20 percent of the nation’s oil production. The military has also played a significant role in Fairbanks’ development with an economic impact of $350 million annually. Since World War II, airfields, roads and communication systems were constructed.

Tourism is heating up in one of the coldest North American cities. Each summer, roughly 325,000 visitors find their way to Fairbanks. The historic city has managed to keep much of its frontier charm. Mining camps, swinging-door saloons and unpaved roads can still be found amid an ever evo