Home Affordability in 99701
Fairbanks, AK — Fairbanks North Star
The median home price in ZIP code 99701 (Fairbanks) is $265,000 with a median household income of $62,000. The price-to-income ratio is 4.3x.
Median Home Price
$265,000
Median Income
$62,000
Price-to-Income
4.3x
Est. Affordable Home
$241,000
Property Tax Rate
1.28%
Annual Property Tax
$3,392
Cost of Living
105
Metro Area
Fairbanks MSA
Down Payment Scenarios for ZIP 99701
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $7,950 | $257,050 | Yes |
| 5% | $13,250 | $251,750 | Yes |
| 10% | $26,500 | $238,500 | Yes |
| 20% | $53,000 | $212,000 | No |
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