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Farmers Loop, AK
Full City Profile · Alaska · Fairbanks North Star Borough County
Farmers Loop, AK
At a Glance
How Farmers Loop Compares to the U.S. Average
Each bar shows Farmers Loop's value as a percentage of the national average (100% = U.S. avg)
Is Farmers Loop a Good Place to Live?
Economy & Jobs
Farmers Loop residents earn a median household income of $103,635 , which is 38% above the national average of $75,149. Per capita income is $46,079. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 2,441 business establishments, including 247 restaurants.
Housing & Cost of Living
The median home value in Farmers Loop is $262,600 , 7% below the national median of $281,900. Zillow estimates the typical home at $290,656. Median rent is $1,298/month, with 19.0% 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 1985.
Safety & Crime
Farmers Loop reports 659 violent crimes per 100,000 residents , which is 73% above the national average of 380/100K. Property crime is 3,840/100K.
Education
27.3% of adults in Farmers Loop hold a bachelor's degree or higher (19% below the national average). 97.5% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Farmers Loop has an average annual temperature of 29°F (-2°C). Winters average -7°F in January while summers reach 62°F in July. The area gets 274 sunny days per year. Annual precipitation totals 13.0 inches. Air quality is rated Good with a median AQI of 21.