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Fairbanks city, AK

ZIP 99703 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Fairbanks city, AK (99703)

Median Income
$65,839

*Adjusted for inflation (2023 dollars)

IRS Net Migration
+340
Wealth inflow
Population
8,545
Unemployment
6.7%
3.0pp above US avg

IRS migration statistics show a net inflow of about 340 for ZIP 99703 (Fairbanks city, AK) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators
Unemployment
6.7%+82% vs US avg
x
Self-Employed
8.2%+34% vs US avg
x
SNAP Benefits
0.5%-96% vs US avg
x
31
Establishments
834
Employees

~27 per establishment — mix of small and larger employers

Healthcare
Top Industry
Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

  • Agriculture, forestry, mining3.8%
  • Manufacturing4.0%
  • Retail trade13.8%
  • Transportation, utilities10.5%
  • Professional, scientific, management1.1%
  • Education, health care, social32.7%
  • Arts, entertainment, food services23.7%
  • Other services1.7%
  • Public administration8.7%

Household Income

Economy & Jobs key statistics

Income & Jobs statistics
Income & Jobs
Median household income$65,839
Unemployment6.7%
Establishments31
Employees834