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Title: Relocating to Fairbanks, AK
Author: Lou Ross
Article:
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 $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 evolving landscape.
Competitive sled dog racing is just one of many outdoor
activities that favor tourism and have people relocating to
Fairbanks. The most common approach for travelers to the city is
through Fairbanks International Airport. The Alaska Highway also
connects the area to the lower 48 states, while the Alaska
Railroad makes Fairbanks its northernmost destination.
If you are considering relocating to Fairbanks, there are issues
related to daylight and weather you need to contemplate.
Fairbanks is one of only a few communities in the world that has
a concentration of people living so far north. They experience
long days in summer, dark winters and significant changes in
weather. In June and July, Fairbanks can get anywhere from 18 to
20 hours of sunlight daily. Temperatures can reach the high 80s.
Daylight dwindles to four hours during the winter. Temperatures
will drop drastically to as low as 60 degrees below zero.
Average temperatures in January are 10.2 below and 55.4 in
August. And it wouldn't be Alaska without snow. Annually, about
68 inches of the white stuff falls each year.
About the author:
Lou Ross is with MovingCompaniesforYou.com - find <a
href="http://www.movingcompaniesforyou.com">moving companies</a>
near you.
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