Ersys Logo Ersys Name

Fairbanks North Star Borough

Per Cent Home Owners

 
 
         
Over 90% 70 to 90 50 to 70 30 to 50 Under 30%

Overview

The map on the left shows the percentage of home owners in Fairbanks North Star Borough. For most households it is the single largest investment that a household can make. Owning a home means ...

  • •  Building generational wealth
  • •  Liberation from rental increases
  • •  Safeguards against inflation
  • •  Potential tax savings
  • •  Social, health, and psychological benefits

Base on various studies, neighborhoods with high percentages of owned homes tend to be more stable over time. Thereby creating a better environment for raising children, creating long term relationships and development of a stronger neighborhood (e.g. crime prevention and civic pride)

Sources: STI: PopStats

Owner/Renter Comparison


Data Topic Fairbanks North Star Borough  Alaska  Nation 
Total Population 95,326732,439340,981,027

Housing

Owner Occupied 21,699177,20784,315,969
Renter Occupied 14,65592,07546,128,534
Vacant 5,81159,87913,710,083
Total Housing 42,165329,161144,154,586

Per Cent Housing

Owner Occupied 51.4653.8458.49
Renter Occupied 34.7627.9732.00
Vacant 13.7818.199.51