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Farm Loop, AK
Full City Profile · Alaska · Anchorage Municipality County
Farm Loop, AK
At a Glance
How Farm Loop Compares to the U.S. Average
Each bar shows Farm Loop's value as a percentage of the national average (100% = U.S. avg)
Is Farm Loop a Good Place to Live?
Economy & Jobs
Farm Loop residents earn a median household income of $110,332 , which is 47% above the national average of $75,149. Per capita income is $46,780. The unemployment rate stands at 4.6% (28% above the U.S. rate of 3.6%). 6.1% of residents live below the poverty line. The area is home to 8,829 business establishments, including 785 restaurants.
Housing & Cost of Living
The median home value in Farm Loop is $393,300 , 40% above the national median of $281,900. Zillow estimates the typical home at $420,936. Median rent is $1,670/month, with 41.3% of renters spending more than 30% of income on housing. The cost of living index is 102.4 (100 = national average). The median home was built in 1995.
Safety & Crime
Farm Loop reports 182 violent crimes per 100,000 residents , which is 52% below the national average of 380/100K. Property crime is 2,522/100K.
Education
37.7% of adults in Farm Loop hold a bachelor's degree or higher (12% above the national average). 97.1% have completed high school. Local schools score 4.9/10 in standardized testing.
Climate & Weather
Farm Loop has an average annual temperature of 37°F (3°C). Winters average 15°F in January while summers reach 59°F in July. The area gets 274 sunny days per year. Annual precipitation totals 12.6 inches. Air quality is rated Good with a median AQI of 21.