What is the Best Neighborhoods USA ranking for Bjerremark?
Bjerremark is ranked No published Fairbanks rank is currently available; #26 of 33 eligible neighborhoods in AK; and #6,377 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bjerremark
Fairbanks, AK | Fairbanks North Star Borough
Scored premium profile
Best Neighborhoods USA Index
53.4
Stability and Strength
38.3
Value Opportunity
50.9
Momentum
80.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Fairbanks, AK |
| County | Fairbanks North Star Borough |
| National rank | #6,377 of 14,967 |
| State rank | #26 of 33 |
| City rank | Not available |
| County rank | Not available |
| National percentile | 57.4 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $249,582 |
| Year-over-year home value change | 4.8% |
| Month-over-month home value change | 0.27% |
| Home value to income ratio | 3.79 |
| Median household income | $65,887 |
| Bachelor's degree or higher | 19.0% |
| Civilian unemployment rate | 4.2% |
| Homeownership rate | 37.3% |
| Housing vacancy rate | 12.3% |
| Rent burden 30% or higher | 33.4% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Bjerremark
Is Bjerremark one of the best neighborhoods in Fairbanks?
Bjerremark has a Best Neighborhoods USA Index of 53.4 and a city ranking of No published Fairbanks rank is currently available.
How much are homes worth in Bjerremark?
The current Zillow Home Value Index for Bjerremark is approximately $249,582.
Are home values rising or falling in Bjerremark?
Zillow neighborhood values changed 4.8% year over year and 0.27% month over month.
What is the Neighborhood Momentum Score for Bjerremark?
Bjerremark has a Neighborhood Momentum Score of 80.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bjerremark?
The NDS-derived neighborhood median household income is approximately $65,887.
How affordable is Bjerremark relative to household income?
The current Zillow home-value-to-household-income ratio is 3.79. Price-to-income affordability is a major Value Opportunity input.
Is Bjerremark primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 37.3%.
What is the unemployment rate in Bjerremark?
The NDS-derived civilian unemployment rate is approximately 4.2%.
How educated are residents of Bjerremark?
Approximately 19.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bjerremark face high rent burden?
Approximately 33.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Bjerremark?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications75
Estimated originations48
Home-purchase applications52
Origination rate64.0%
Home-purchase share68.5%
Average application loan$221,048
Total application loan amount$16,668,190
National application rank#5,485 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 29.0% YoY; originations 46.1% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.