Home Insurance in Southeast Fairbanks Census Area, Alaska
Homes in Southeast Fairbanks Census Area carry a median value of $282,000 - 20% lower than the Alaska median.
The typical home in Southeast Fairbanks Census Area was built around 1988. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 5% of homes were built before 1960, about 3 points below Alaska's 8%.
The housing stock in Southeast Fairbanks Census Area is 92% single-family homes, 3% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Southeast Fairbanks Census Area, about 40% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Southeast Fairbanks Census Area has an owner-occupancy rate of 75% and a vacancy rate of 29%; unoccupied homes typically need a different coverage form.
Most homes in Southeast Fairbanks Census Area - 56% - are primarily heated with fuel oil. Homes heated with fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Per FEMA's National Risk Index, Southeast Fairbanks Census Area's top hazards are wildfire (Relatively Moderate), earthquake (Relatively Low) and winter weather (Relatively Moderate). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. Southeast Fairbanks Census Area has no active NFIP flood policies on file.
The statewide average premium for a standard HO-3 homeowners policy in Alaska is $1,216 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $282,000 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top hazards (FEMA National Risk Index) | Wildfire (Relatively Moderate), Earthquake (Relatively Low), Winter Weather (Relatively Moderate) |
| Home insurance premium | $1,216 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)