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Farmers 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
4,954
Population
$109,950
Median Income
$279,800
Home Value
36.6
Median Age

Demographics

Farmers Loop has a population of 4,954 with a median age of 36.6. Here is the racial and ethnic breakdown of the population:

White
81.6%
Other
10.2%
Hispanic
7.2%
Asian
1.0%
Demographic Value
Total Population4,954
Median Age36.6
White81.6%
Asian1.0%
Hispanic or Latino7.2%
Other / Two or More Races10.2%
Farmers Loop, Alaska — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 81.6%Other: 10.2%Hispanic/Latino: 7.2%Other: 1.0%4,954PopulationWhiteWhite81.6%OtherOther10.2%Hispanic/LatinoHispanic/Latino7.2%OtherOther1.0%

Income & Economy

The median household income in Farmers Loop is $109,950, which is 36.4% above the national median of $80,610. The per capita income is $48,568. The poverty rate is 1.8%.

$109,950
Median Household Income
$48,568
Per Capita Income
1.8%
Poverty Rate

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Education

In Farmers Loop, 96.2% of residents age 25+ have a high school diploma or higher, and 33.3% hold a bachelor's degree or higher (10.7% with a graduate or professional degree).

HS Diploma+
96.2%
Bachelor's+
33.3%
Graduate+
10.7%
Education Level % of Adults (25+)
High School Diploma or Higher96.2%
Bachelor's Degree or Higher33.3%
Graduate or Professional Degree10.7%

Housing

The median home value in Farmers Loop is $279,800, below the national median of $303,400. The median monthly rent is $1,406. The homeownership rate is 82.2%.

$279,800
Median Home Value
$1,406/mo
Median Rent
82.2%
Homeownership Rate
Housing Metric Value
Median Home Value$279,800
Median Monthly Rent$1,406
Homeownership Rate82.2%
Vacancy Rate15.8%

Salaries in Alaska

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Frequently Asked Questions

What is the population of Farmers Loop, Alaska?
The population of Farmers Loop, Alaska is 4,954 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Farmers Loop, Alaska?
The median household income in Farmers Loop, Alaska is $109,950. This is 36.4% above the national median of $80,610.
What is the median home value in Farmers Loop, Alaska?
The median home value in Farmers Loop, Alaska is $279,800. The median monthly rent is $1,406.
What percentage of people in Farmers Loop have a college degree?
In Farmers Loop, Alaska, 33.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.2% have a high school diploma or higher.
Is Farmers Loop, Alaska an affordable place to live?
The home price-to-income ratio in Farmers Loop, Alaska is 2.5x (median home value $279,800 vs. median income $109,950), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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