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Farmers Loop, AK

Full City Profile · Alaska · Fairbanks North Star Borough County

3.5 /5.0
B+ Good
4,887 Population 224/sq mi density
$103,635 Median Income $46,079 per capita
$262,600 Home Value $290,656 Zillow
$1,298 Median Rent 19.0% income on rent
29°F Avg Temperature 274 sunny days/yr
659 Violent Crime/100K 3,840 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,635 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$262,600 home value, $1,298/mo rent
F
Safety
1.0 / 5.0
659 violent crimes/100K (73% above avg)
B
Education
3.2 / 5.0
27.3% bachelor's degree or higher

Income Overview

Median Household Income
$103,635
38% above
US avg: $75,149
Per Capita Income
$46,079
18% above
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Farmers Loop vs. U.S. Average

Each bar shows Farmers Loop’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$103,635
138%
Per Capita
US: $39,052
$46,079
118%
IRS Avg AGI
US: $72,000
$83,952
117%
Avg Weekly Wage
US: $1,432
$1,340
94%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,340
6% below US avg ($1,432)
Mean Commute Time
34 min
24% above US avg (28 min)
Work From Home
5.3%
65% 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
$7,891M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.1%
Public Transit 0%
Work From Home 5.3%
Other 21.6%
Average commute time
34 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,441
Restaurants
247
Healthcare
325
Retail
270
Manufacturing
66

Tax & Financial

IRS Avg Adjusted Gross Income
$83,952
17% above US avg ($72,000)
Avg Property Tax
$6,621
89% 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$103,635
Per Capita Income$46,079
IRS Avg Adjusted Gross Income$83,952
Avg Weekly Wage$1,340
County GDP$7,891M

Hardship Indicators

Unemployment Rate2.1%
Poverty Rate0.0%
Gini Coefficient0.424
Cost of Living Index102.4

Commute

Mean Commute34 minutes
Drive Alone73.1%
Public Transit0.0%
Work From Home5.3%

Businesses

Total Establishments2,441
Restaurants247
Healthcare325
Retail270
Manufacturing66

Tax

IRS Avg AGI$83,952
Avg Property Tax$6,621