Southeast Fairbanks Census Area, Alaska Income Statistics

Southeast Fairbanks Census Area Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • B
    Southeast Fairbanks Census Area Around average

Source: Map AI Methodology

Southeast Fairbanks Census Area
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Wealth grade

Income Statistics Overview

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Metric Southeast Fairbanks Census Area Alaska Avg US Average
Median Household Income $74,514 $93,666 $80,455
Median Personal Income $65,623 $68,716 $60,758
Average Yearly Income Growth 2.0% 2.9% 4.8%
Six-Figure Earners 13.9% 16.8% 13.9%
$200k+ Households 6.2% 14.6% 13.2%

The median household income in Southeast Fairbanks Census Area is about 20% lower than in Alaska. Income has been growing slower in Southeast Fairbanks Census Area (2.0%/yr) than in Alaska (2.9%/yr).

About 14% of adults in Southeast Fairbanks Census Area earn six figures ($100,000 or more) a year, lower than the Alaska average of 17%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Southeast Fairbanks Census Area
United States

Median household income in Southeast Fairbanks Census Area, Alaska grew by 26.1% from 2009 to 2024, reaching $74,514 in 2024. That's an average of about 2.0% per year.

Year Southeast Fairbanks Census Area United States

Income Inequality and the Gender Pay Gap in Southeast Fairbanks Census Area

Metric Southeast Fairbanks Census Area Alaska Avg US Average
Gini Coefficient 0.554 0.527 0.552
Male Median Income $70,459 $76,032 $69,667
Female Median Income $57,988 $65,882 $56,850
Gender Pay Gap 17.7% 13.3% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Southeast Fairbanks Census Area, it is 0.554, higher than Alaska's 0.527, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.

Men's income is about 22% more than women's income in Southeast Fairbanks Census Area, Alaska. Over a 35-year career, a 22% wage gap accumulates to roughly $436,485 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Southeast Fairbanks Census Area, Alaska has narrowed from about 34% to 18% in 2024. Over that period the gap was widest at 47% in 2014, and in 2023 women out-earned men by 1%. In dollar terms, the gap has narrowed by $7,126 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Southeast Fairbanks Census Area Alaska Avg US Average
Unemployment Rate 6.2% 5.5% 5.2%
Working from Home 13.0% 9.7% 15.0%
Commute time (minutes) 13 16 22

Approximately 203 people are unemployed in Southeast Fairbanks Census Area, Alaska.

The average commute time in Southeast Fairbanks Census Area is 13 minutes, shorter than the 16 minutes in Alaska.

Unemployment Rate Over Time

Southeast Fairbanks Census Area
United States

Since 2011, the unemployment rate in Southeast Fairbanks Census Area, Alaska has fallen from 9.5% to 6.2% in 2024. Over that period the rate peaked at 12.1% in 2017.

Year Southeast Fairbanks Census Area United States

Southeast Fairbanks Census Area, AK Wealth Compared With Nearby Counties

Southeast Fairbanks Census Area, AK is typical in size for this group, 7,068 residents against a local median of 6,866, so the measures below are close to a like for like comparison. Where Southeast Fairbanks Census Area, AK breaks from the counties next to it is income growth, sitting 36% below the local median of 3.2%/yr at 2.0%/yr. That is the weaker end of the local range on this measure.

Unemployment tells the same story from another angle: 6.2% against a local median of 4.8%, 29% above it. Every measure here with a clear better direction points the same way, and it is the wrong way: Southeast Fairbanks Census Area, AK reads weaker than its neighbours on all of them. The counties themselves spread 8.1%/yr on income growth, so Southeast Fairbanks Census Area, AK sits at one end of an already wide local range rather than apart from it. Southeast Fairbanks Census Area, AK has the 5th highest income growth of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Southeast Fairbanks Census Area, AK 7,068 $74,514 #6/6 2.0%/yr #5/6 6.2% #5/6 0.554 #6/6
Copper River Census Area, AK 2,630 $84,806 8.0%/yr 4.8% 0.521
Fairbanks North Star Borough, AK 95,452 $89,707 2.6%/yr 4.4% 0.509
Chugach Census Area, AK 6,866 $91,205 -0.1%/yr 8.9% 0.497
Yakutat City and Borough, AK 508 $85,869 4.2%/yr 1.0% 0.477
Matanuska-Susitna Borough, AK 112,982 $94,435 3.2%/yr 5.6% 0.553

Conclusion

Considering all these factors, Southeast Fairbanks Census Area, Alaska has an overall wealth index grade of B, making it about on par with Alaska, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Southeast Fairbanks Census Area, Alaska.

How Rich Is Southeast Fairbanks Census Area, Alaska?

Southeast Fairbanks Census Area has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $74,514, about 20% lower than the Alaska average of $93,666.

Are incomes growing in Southeast Fairbanks Census Area, Alaska?

Between 2009 and 2024, the median household income in Southeast Fairbanks Census Area, Alaska rose 26%, from $59,091 to $74,514. Over the same years, income here lagged behind Alaska as a whole: +26% against +43%.

What was the median household income in Southeast Fairbanks Census Area in 2023?

In 2023, the median household income in Southeast Fairbanks Census Area, Alaska was $74,056, down 2% from $75,453 in 2022. The Alaska median that year was $90,366.

What was the median household income in Southeast Fairbanks Census Area in 2020?

In 2020, the median household income in Southeast Fairbanks Census Area, Alaska was $66,916. By 2024 it had risen 11% to $74,514.

What is the Gini coefficient in Southeast Fairbanks Census Area, Alaska?

The Gini coefficient in Southeast Fairbanks Census Area is 0.554. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.

How has the income gap between men and women changed in Southeast Fairbanks Census Area, Alaska?

Since 2009, the income gap between men and women in Southeast Fairbanks Census Area, Alaska has narrowed from about 34% to 18% in 2024. Over that period the gap was widest at 47% in 2014, and in 2023 women out-earned men by 1%. In dollar terms, the gap has narrowed by $7,126 since 2009.

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