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Zip 99706 (Fairbanks, AK) Economy


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Fairbanks, Alaska, with the zip code 99706, is an area known for its cold weather and vibrant culture. The average rent for a two-bedroom apartment in Fairbanks is $1,610, which is significantly higher than the national average of $1,430. Additionally, the grocery cost index in Fairbanks is 135 compared to 100 nationwide. There are a variety of businesses located in Fairbanks such as Gulliver's Books & Gifts, Chena Hot Springs Resort, North Pole Refining Company and Aurora Subs & Pizza. These local businesses provide goods and services to residents of Fairbanks and surrounding areas.

Fairbanks (zip 99706) has an unemployment rate of 5.6%. The US average is 6.0%.

Fairbanks (zip 99706) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.

Tax Rates for Fairbanks (zip 99706)
- The Sales Tax Rate for Fairbanks (zip 99706) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Fairbanks (zip 99706) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Fairbanks (zip 99706)
- The average income of a Fairbanks (zip 99706) resident is $25,470 a year. The US average is $37,638 a year.
- The Median household income of a Fairbanks (zip 99706) resident is $11,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairbanks, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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