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Farm Loop, Alaska

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,894
Population
$119,375
Median Income
$431,300
Home Value
40.2
Median Age

Demographics

Farm Loop has a population of 2,894 with a median age of 40.2. Here is the racial and ethnic breakdown of the population:

White
80.6%
Other
13.1%
Hispanic
5.4%
Black
0.8%
Demographic Value
Total Population2,894
Median Age40.2
White80.6%
Black or African American0.8%
Asian0.1%
Hispanic or Latino5.4%
Other / Two or More Races13.1%
Farm Loop, Alaska — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 80.6%Other: 13.1%Hispanic/Latino: 5.4%Other: 0.9%2,894PopulationWhiteWhite80.6%OtherOther13.1%Hispanic/LatinoHispanic/Latino5.4%OtherOther0.9%

Income & Economy

The median household income in Farm Loop is $119,375, which is 48.1% above the national median of $80,610. The per capita income is $45,382. The poverty rate is 5.7%.

$119,375
Median Household Income
$45,382
Per Capita Income
5.7%
Poverty Rate

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Education

In Farm Loop, 97.2% of residents age 25+ have a high school diploma or higher, and 37.4% hold a bachelor's degree or higher (15.5% with a graduate or professional degree).

HS Diploma+
97.2%
Bachelor's+
37.4%
Graduate+
15.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.2%
Bachelor's Degree or Higher37.4%
Graduate or Professional Degree15.5%

Housing

The median home value in Farm Loop is $431,300, above the national median of $303,400. The median monthly rent is $1,991. The homeownership rate is 88.3%.

$431,300
Median Home Value
$1,991/mo
Median Rent
88.3%
Homeownership Rate
Housing Metric Value
Median Home Value$431,300
Median Monthly Rent$1,991
Homeownership Rate88.3%
Vacancy Rate3.0%

Salaries in Alaska

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Other Cities in Alaska

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Frequently Asked Questions

What is the population of Farm Loop, Alaska?
The population of Farm Loop, Alaska is 2,894 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Farm Loop, Alaska?
The median household income in Farm Loop, Alaska is $119,375. This is 48.1% above the national median of $80,610.
What is the median home value in Farm Loop, Alaska?
The median home value in Farm Loop, Alaska is $431,300. The median monthly rent is $1,991.
What percentage of people in Farm Loop have a college degree?
In Farm Loop, Alaska, 37.4% of adults age 25 and older hold a bachelor's degree or higher, and 97.2% have a high school diploma or higher.
Is Farm Loop, Alaska an affordable place to live?
The home price-to-income ratio in Farm Loop, Alaska is 3.6x (median home value $431,300 vs. median income $119,375), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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