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Farm Loop, AK
Full City Profile · Alaska · Anchorage Municipality County
3.6
/5.0
B+
Good
2,940
Population
323/sq mi density
$110,332
Median Income
$46,780 per capita
$393,300
Home Value
$420,936 Zillow
$1,670
Median Rent
41.3% income on rent
37°F
Avg Temperature
274 sunny days/yr
182
Violent Crime/100K
2,522 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$110,332 median income, 4.6% unemployment
A+
Affordability
4.7 / 5.0
$393,300 home value, $1,670/mo rent
F
Safety
1.0 / 5.0
182 violent crimes/100K
A
Education
4.0 / 5.0
37.7% bachelor's degree or higher
Income Overview
Median Household Income
$110,332
47% above
US avg: $75,149
Per Capita Income
$46,780
20% above
US avg: $39,052
Unemployment Rate
4.6%
28% above
US avg: 3.6%
Poverty Rate
6.1%
51% below
US avg: 12.4%
Income Comparison: Farm Loop vs. U.S. Average
Each bar shows Farm Loop’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$110,332
147%
Per Capita
US: $39,052
$46,780
120%
IRS Avg AGI
US: $72,000
$94,616
131%
Avg Weekly Wage
US: $1,432
$1,436
100%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,436
0% below US avg ($1,432)
Mean Commute Time
30 min
9% above US avg (28 min)
Work From Home
12.2%
20% below US avg (15.2%)
Drive Alone
73.1%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$32,113M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.1%
Public Transit
0%
Work From Home
12.2%
Other
14.7%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
8,829
Restaurants
785
Healthcare
1,392
Retail
819
Manufacturing
180
Tax & Financial
IRS Avg Adjusted Gross Income
$94,616
31% above US avg ($72,000)
Avg Property Tax
$8,419
141% above US avg ($3,500)
Cost of Living Index
102.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $110,332 |
| Per Capita Income | $46,780 |
| IRS Avg Adjusted Gross Income | $94,616 |
| Avg Weekly Wage | $1,436 |
| County GDP | $32,113M |
Hardship Indicators
| Unemployment Rate | 4.6% |
| Poverty Rate | 6.1% |
| Gini Coefficient | 0.429 |
| Cost of Living Index | 102.4 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 73.1% |
| Public Transit | 0.0% |
| Work From Home | 12.2% |
Businesses
| Total Establishments | 8,829 |
| Restaurants | 785 |
| Healthcare | 1,392 |
| Retail | 819 |
| Manufacturing | 180 |
Tax
| IRS Avg AGI | $94,616 |
| Avg Property Tax | $8,419 |