Musk Ox / University of Alaska Fairbanks median real estate price is $418,354, which is more expensive than 58.0% of the neighborhoods in Alaska and 55.7% of the neighborhoods in the U.S.
The average rental price in Musk Ox / University of Alaska Fairbanks is currently $1,783, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.7% of Alaska neighborhoods.
Musk Ox / University of Alaska Fairbanks is a rural neighborhood (based on population density) located in Fairbanks, Alaska.
Musk Ox / University of Alaska Fairbanks real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Musk Ox / University of Alaska Fairbanks neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Musk Ox / University of Alaska Fairbanks has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Of note is NeighborhoodScout's research finding that the Musk Ox / University of Alaska Fairbanks neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Musk Ox / University of Alaska Fairbanks community truly stands out from the rest in this regard.
In addition, an extraordinary 13.7% of the residents of the Musk Ox / University of Alaska Fairbanks neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, if you're nearing retirement age, or in retirement, the Musk Ox / University of Alaska Fairbanks is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.6% of retiree-friendly neighborhoods in Alaska, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Alaska. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students and highly educated executives.
The Musk Ox / University of Alaska Fairbanks neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.5% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
In the Musk Ox / University of Alaska Fairbanks neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 10.8% of residents here. This is a higher proportion of walking commuters than we found in 95.3% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Did you know that the Musk Ox / University of Alaska Fairbanks neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Scottish ancestry.
Musk Ox / University of Alaska Fairbanks is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Musk Ox / University of Alaska Fairbanks neighborhood in Fairbanks are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.1% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Musk Ox / University of Alaska Fairbanks neighborhood, 51.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 15.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 14.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Musk Ox / University of Alaska Fairbanks neighborhood is English, spoken by 84.8% of households. Other important languages spoken here include Spanish, Chinese and Vietnamese.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Musk Ox / University of Alaska Fairbanks neighborhood in Fairbanks, AK, residents most commonly identify their ethnicity or ancestry as German (17.3%). There are also a number of people of Asian ancestry (11.5%), and residents who report Irish roots (9.7%), and some of the residents are also of English ancestry (9.4%), along with some Scottish ancestry residents (5.0%), among others. In addition, 11.3% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Musk Ox / University of Alaska Fairbanks neighborhood spend between 15 and 30 minutes commuting one-way to work (55.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.6%) and 10.8% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.