At a Glance
Median Income
$110,332
$46,780 per capita
Home Value
$393,300
Zillow: $420,936
Median Rent
$1,670/mo
41.3% of income on rent
Bachelor's Degree+
37.7%
97.1% high school+
Unemployment
7.4%
6.1% poverty rate
Obesity Rate
35.1%
14.3% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Farm Loop a Good Place to Live?
A
4.3 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
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 7.4% (106% 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.
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. Annual precipitation totals 12.6 inches.
Data Overview
People
Population2,940
Median Age40.6 yrs
Density323/mi²
Male / Female50% / 50%
Foreign Born1.6%
Veterans15.7%
Economy
A
Median Income$110,332
Per Capita$46,780
Unemployment7.4%
Poverty6.1%
County GDP$32,113M
Avg Weekly Wage$1,436
Housing
A+
Home Value$393,300
Rent$1,670
Ownership86.7%
Zillow$420,936
Housing Units990
Rent Burden41.3%
Health
Obesity35.1%
Diabetes7.3%
Smoking14.3%
Heart Disease5.1%
Premature Death9,853/100K
Climate
Avg Temp37°F
Rain12.6 in/yr
Elevation486 ft
Education
A
Bachelor's+37.7%
High School+97.1%
Graduate+10.8%
School Score4.9/10
Community
2024 VoteR 44% / D 56%
Commute30 min
Broadband96.2%
Internet Speed134 Mbps
EV Stations3
Libraries5
Did You Know?
The median home in Farm Loop was built in 1995.
The nearest airport is Ted Stevens Anchorage International (42 miles).
The Gini coefficient (income inequality) is 0.429 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
12.6% of the population has a disability.
Average internet download speed is 134 Mbps.
There are 785 restaurants in the area.
The county recorded 20 fatal vehicle crashes.