Northern Lights Alaska
Northern Lights Alaska

Fairbanks, AK

Condos in Fairbanks

  • About

  • History

  • Location

  • Things to do

  • Demographics

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Purchase Your Dream Condo in Fairbanks, AK
Fairbanks, Alaska, is the biggest city in the Interior region and the second-largest city in this state.

The city of Fairbanks, affectionately known as the Golden Heart City, is also famous for the northern lights, known as the aurora borealis. Other major attractions that draw tourism include the midnight sun, the magnificent sunsets, and sunrises that seem to last forever. Beyond these natural wonders, the city offers activities and entertainment all year round, so enjoy its natural beauty at your leisure, interspersed with manmade entertainment. Being the second most populated metropolitan area in Alaska, Fairbanks is known for its natural beauty and will leave you breathless all year round. Should a Fairbanks, AK condo be on your shopping list, call us today for expert help to find yours!

History of Fairbanks

History of Fairbanks

History of Alaska

Before European colonizers arrived in the area, modern-day Fairbanks was home to the Native American Athabascan peoples for thousands of years. A Native camp was discovered, which is said to be 3,500 years old, with older remains found at deeper levels below this camp and in other areas. Other archaeological sites reveal artifacts that scientists believe to be over 10,000 years old. For example, scientists have found arrowheads in the area that match similar items found in Asia, proving that people entered North America via the Bering Strait land bridge deep in the past. European colonizers settled in the area relatively recently compared to the rest of North America. The city of Fairbanks was founded in 1901 by Captain Barnette. Barnette's steamboat ran aground when Italian immigrants who were looking for gold in the area came across Barnette and his party. After meeting, the Italians convinced Barnette of the area's potential, which led to Barnette setting up a trading post. The area experienced an economic boom as gold prospectors flocked to the site. They built drift mines, dredges, and lode mines to help with their panning and sluicing and named the area after Charles W. Fairbanks, a Republican senator from Indiana. Besides experiencing a gold rush, the city of Fairbanks served as an important agricultural center for the state during its early days. Ladd Army Airfield began its infrastructure construction in 1939, which stimulated an economic, developmental, and population boom. The Canol pipeline extended north from Whitehorse in the 1940s, followed by the Haines - Fairbanks pipeline construction between 1953 to 1955. This pipeline is 626 miles long with a diameter of 8", suitable for transporting petroleum products. Unfortunately, Fairbanks is prone to flooding, which has proven to be a problem. The city's first bridge crossing was built in 1904 and was known to wash out because of flooding. In 1967, the Chena River surged over its banks and flooded most of Fairbanks. After this, city officials created the Chena River Lakes Flood Control Project. This project built and operates the Moose Creek Dam with an 8-mile-long spillway to resolve flooding problems.

History of Alaska

Things to do in Fairbanks

Things to do in Fairbanks

Chena Hot Springs Alaska

The city of Fairbanks, Alaska, offers a range of activities and attractions, such as:

The Northern Lights. Fairbanks is one of the best cities to view the Northern Lights. You can book a multi-day northern lights package, including Northern Lights viewing excursions, meals, and overnight stays.

Pioneer Park. This park is the state's only historical theme park. It showcases the area's history with fascinating old buildings dating to when the gold rushes were lucrative. It also showcases interesting museums, art galleries, a historical sternwheeler, and a train and carousel that are still in working condition.

Chena Hot Springs Resort. Visit this resort and enjoy hot springs, pools, nature and wildlife, canoeing, and hiking. This resort also has indoor and outdoor pools, an ice museum, and tours.

Gold Panning. Purchase panning equipment from hardware stores and start exploring a selection of public areas where you can do some gold panning.

Fishing. Book a fishing tour in Fairbanks and explore the city's rivers and lakes. Fairbanks' common fish species are king salmon, northern pike, char, lake trout, and Arctic grayling.

Chena Hot Springs Alaska

Condos for sale in Fairbanks, AK

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Location

Map showing Fairbanks

Location

The city of Fairbanks is 32.7 square miles, with 0.8 square miles being water-covered. Located in the central Tanana Valley, the city lies along the Chena River near its confluence with the Tanana River. Fairbanks has a chain of hills to its north which rises into the White Mountains and the Yukon River. To the city's south is an area of marsh and bog, which leads to the Alaska Range.

Fairbanks Demographics

Fairbanks Demographics

Large group of people forming the shape of Alaska

The Fairbanks, Alaska, population stands at about 31,600 people. Of these, 97.1% are U.S. citizens, and 6.56% were born outside the United States. White people make up 19,000 of the population, while American Indian and Alaska Native people make up 2,650. Black or African American people make up close to 2,600 of the people.

Fairbanks has a median household income of $62,602. Males in Alaska typically earn an average income of 1.28 times more than that of females. Females' average income in this state is $54,966, and the income inequality is 0.44, which is lower than the national average.
The city of Fairbanks employs 12,300 people, with the most prominent industries being retail trade, health care, social assistance, and Public Administration. The industries paying the highest salaries are mining, quarrying, oil and gas extraction, agriculture, forestry, fishing, hunting, mining, and real estate.

Fairbanks has a median property value of just over $211,500, under the national average of $240,500, with property taxes ranging around $3,000. In addition, 35.8% of the Fairbanks population are homeowners, featuring an average of two cars per household.

Large group of people forming the shape of Alaska

Arts in Fairbanks

Arts in Fairbanks

Totemic Art Alaska

Since Fairbanks is a young city, the residents are still writing much of its history. However, museums in Fairbanks celebrate its history by sharing stories of defiance and determination. Many of these stories are told through exhibits, black-and-white photos, oral histories, and living legends on staff at the Fairbanks Community Museum, Tanana Valley Railroad Museum, and Pioneer Air Museum.

The city is also famous for its variety of festivals. Golden Days, which takes place in July, commemorates Felix Pedro's discovery of gold and the founding of Fairbanks. You can expect a parade, street fair, games, contests, entertainment, and re-enactments during this event. Fairbanks also hosts the World Eskimo-Indian Olympics, where indigenous peoples compete in athletic events, dance, and put on cultural performances.

Also, the city plays host to the World Ice Art Championships in February and March. As one of the largest ice art competitions in the world, this event features beautiful ice sculptures. Fairbanks is also famous for its status as the home of the Yukon Quest International Sled Dog Race, held in February every year. This 1,023-mile route sees mushers and their teams climb four mountains through the most grueling landscapes to pursue ultimate glory.

Totemic Art Alaska

Schools in Fairbanks

Schools in Fairbanks

The Fairbanks North Star Borough School District oversees the operation of all the schools in the city. Fairbanks is also home to the University of Alaska Fairbanks, which is the University of Alaska's educational system's original campus.

Alaska Schoolbus

Why Fairbanks?

Why Fairbanks?

Natural Alaska Wonders

Fairbanks, Alaska, is a natural beauty brimming with entertainment, culture, and opportunities for everyone with an adventurous spirit. So whether you're interested in history, beautiful views, or professional opportunities, Fairbanks offers it all. Contact us today if this is the right time to find your condo in Fairbanks, Alaska!

Natural Alaska Wonders
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