Starting a Business in Fairbanks North Star Borough, AK

What does it cost to start a business in Fairbanks North Star Borough? Here are the numbers.

Avg Startup Cost

$61,241

Monthly Overhead

$2,040

Est. Break-Even

30 mo

Runway

30 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$2,040/mo
Median Household Income$81,655
Property Tax Rate1.3%

Population (market size)96,299

Market Context

Median Home Value$276,800
Homeownership Rate60.0%
Median Rent$1,360/mo

CountyFairbanks North Star Borough

About Fairbanks North Star Borough, Alaska

Fairbanks North Star Borough in Alaska has a population of 96,299 and a median household income of $81,655. The moderate population offers opportunities for niche businesses with less competition.

These are starting estimates based on county-level data. Your actual startup costs depend on your industry, business model, location within the county, and dozens of other factors. Use our calculator for a detailed viability analysis.

Analyze Your Business Viability in Fairbanks North Star Borough

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Other Counties in Alaska

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SBA, BLS. Estimates based on county-level medians. This is not financial advice.