ExecutivePulse
Official Federal Data

Southeast Fairbanks Census Area, Alaska

FIPS 02240 · Population 7,068
9 Sources Updated June 22, 2026
$73,882
Median Income
$80,734 national
6.9%
Unemployment
4% national
$1.1B
GDP
23.2%
Bachelor's+
35.7% national
Small population: 7,068 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$73,882
Per Capita
$39,692
Mean Household
$91,789
Poverty Rate
12.7% approx.
Median Income Comparison
Southeast Fairbanks Census Area$73,882
Alaska$92,788
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 15.6% (1,106 residents) 55-64: 12.1% (858 residents) 35-54: 26.5% (1,876 residents) 18-34: 21.3% (1,508 residents) Under 18: 24.3% (1,720 residents) 38 Median Age
Cohorts
Under 18 · 24.3%
18-34 · 21.3%
35-54 · 26.5%
55-64 · 12.1%
65+ · 15.6%
Race & Ethnicity
White74.2%
Black or African American0.8%
Asian1.7%
Hispanic or Latino(any race)6%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
93.2%
High School+
National: 89.6%
▲ +3.6 pts
23.2%
Bachelor's+
National: 35.7%
▼ 12.5 pts
7.4%
Graduate+
National: 14.1%
▼ 6.7 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
7,068
Population
3,295
Labor Force
Employed
2,935
Unemployment Rate BLS LAUS 2025 annual
6.9% ▲ +1.0 pts YoY
Mean Commute 26 min below national avg
0.0 min
Work From Home vs 15.1% national
13%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 12.5 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$1.1B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Southeast Fairbanks Census Area, Alaska, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Mining, Quarrying, and Oil and Gas Extraction
930 53.4%
$141,412
2Retail Trade
264 15.2%
$39,956
3Professional, Scientific, and Technical Services
202 11.6%
$108,294
4Transportation and Warehousing
118 6.8%
$82,702
5Construction
83 4.8%
$105,282
6Manufacturing
42 2.4%
$52,624
7Other Services (except Public Administration)
42 2.4%
$72,512
8Agriculture, Forestry, Fishing and Hunting
27 1.6%
$44,787
9Finance and Insurance
17 1.0%
$79,378
10Real Estate and Rental and Leasing
16 0.9%
$35,118
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Key Takeaways
  • Largest sector: Mining, Quarrying, and Oil and Gas Extraction employs 930 workers (53.4% of tracked sectors), at an average wage of $141,412.
  • Economic scale: Regional GDP of $1.1B (2024).
  • Wage stratification: Mining, Quarrying, and Oil and Gas Extraction averages $141,412 while Real Estate and Rental and Leasing averages $35,118, a 4.0x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Transit and Ground Passenger Transportation
4.01x
45
2.86x
13
2.40x
1,082
Gasoline Stations and Fuel Dealers
2.21x
46

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Goods-Producing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
1,082
Cluster Employment
2.40x
Peak LQ
Concentrated Sub-Sectors
Transit and Ground Passenger Transportation
4.01x 45
2.86x 13
2.40x 1,082
Gasoline Stations and Fuel Dealers
2.21x 46

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
Key Takeaways
  • Top specialization: Transit and Ground Passenger Transportation concentrates at 4.01x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
  • Cluster depth: 4 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
Source: BLS QCEW sub-sector Location Quotients.
Southeast Fairbanks Census Area's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$282,000
Median Home Value vs 2019
$1,351
Rent/Mo
74.7%
Owner-Occ
29%
Vacancy
3.8x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$942/mo
1 Bedroom
$1,198/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,826/mo
4 Bedroom
$2,162/mo
30% of monthly median household income (~$1,847/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 74.7% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 29% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,847/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
4,242
Working Age (18-64) vs 2019
Mean Commute 26 min below national avg
0.0 min
Work From Home vs 15.1% national
13%
Prime-Age Employed (25-54)
70.1%
of prime-age population
Labor force participation rate: 61.6% of working-age population (18-64) 62% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
23.2%
HS Diploma+
93.2%
Regional / Statewide Institutions
Total credentials awarded
5,225/yr
University of Alaska Anchorage 1,895/yr
Charter College 1,305/yr
University of Alaska Fairbanks 1,209/yr
University of Alaska Southeast 463/yr
Alaska Career College 215/yr
Alaska Pacific University 138/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
20.2%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
32.8%
Service
22.1%
Sales & Office
14.2%
Construction / Maint.
19.1%
Production / Transport
11.8%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 2,935 employed workers.
Key Takeaways
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 4,409 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Southeast Fairbanks Census Area shows meaningful potential for transit and ground passenger transportation attraction, with a 4.01x concentration and 45 jobs in this sub-sector.

The interconnected base across transit and ground passenger transportation, , and creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Southeast Fairbanks Census Area, Alaska, from federal data sources.

What is the population of Southeast Fairbanks Census Area, Alaska?

7,068 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Southeast Fairbanks Census Area, Alaska?

$73,882 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Southeast Fairbanks Census Area, Alaska?

6.9% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Southeast Fairbanks Census Area, Alaska?

$1.1B (U.S. Bureau of Economic Analysis, CAGDP1).