Farmers Loop, Alaska

Moving to or Living in Farmers Loop Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Farmers Loop, Alaska
Moving to Farmers Loop In Alaska ? Find out the best and worst about to live, raise a family or retire in Farmers Loop, the Pros and Cons of Living in Farmers Loop.

Explore the life in Farmers Loop based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Farmers Loop
  2. Pros and Cons of Living In Farmers Loop
  3. Crime In Farmers Loop
  4. Cost of Living In Farmers Loop
  5. Gender In Farmers Loop
  6. Household Income For Farmers Loop
  7. Education In Farmers Loop
  8. Race & Ethnicity In Farmers Loop
About Farmers Loop, Alaska
Is Farmers Loop, Alaska a good place to live?
Farmers Loop is a city in Alaska state in USA with a population of 5089 residents.. The poverty rate of Farmers Loop is 5.2%, which is 63% lower than national average. The typical household in Farmers Loop earns $87579 a year, compared to the national median of $67,500. Nearly 33.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Farmers Loop, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farmers Loop remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farmers Loop, only 31% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Farmers Loop is 128, which is 28% higher than national average. Median home value in Farmers Loop is $287300 , which is 25% higher than national average. While median income in Farmers Loop remained $87579, which is 30% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
5089
Unemployment
2.8%
40% NAT AVG.
Poverty
5.2%
63% NAT AVG.
Overall Score
7
Median Home
$287300
25% NAT AVG.
Median Income
$87579
30% NAT AVG.
Median Rent
$1124
3% NAT AVG.
Cost Of Living
128
28% NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 36
People Earning < $10,000
1 in 50
People Earning < $50,000
33.1%
People with <= High School
1 in 3
People With Any Degree
1 in 2.7
Pros & Cons Overview

Jobs85%

Housing85%

Affordability80%

Safety60%

Amenities60%

Diversity80%

Education85%

Commute80%


Cost of Living
Expense Farmers Loop Alaska National Avg.
Services 116 112 100
Groceries 121 134 100
Health 154 150 100
Housing 116 136 100
Transportation 119 121 100
Utilities 218 150 100
Cost of Living
Gender
Gender Farmers Loop Alaska Country
Female 49.9% 47.8% 50.8%
Male 50.1% 52.2% 49.2%
Gender

Household Income


Income Farmers Loop Alaska Country
Less than $10,000 2% 3.8% 5.8%
$10,000 to $14,999 1.3% 2.9% 4.1%
$15,000 to $24,999 2.3% 6.2% 8.5%
$25,000 to $34,999 10.2% 6.7% 8.6%
$35,000 to $49,999 17.3% 10.1% 12.0%
$50,000 to $74,999 7.5% 18.3% 17.2%
$75,000 to $99,999 22.3% 14.2% 12.8%
$100,000 to $149,999 19% 19.3% 15.6%
$150,000 to $199,999 10.2% 9.6% 7.1%
$200,000 or more 7.9% 8.8% 8.3%
Education


Education Farmers Loop Alaska Country
< 9th Grade 3% 3% 5.0%
9-12th Grade 2% 4% 7.0%
High School or GED 28% 28% 27.0%
Other College 30% 26% 20.0%
Associate's Degree 6% 9% 9%
Bachelor's Degree 19% 19% 20.0%
Master's Degree 6% 8% 9.0%
Professional Degree 0% 2% 2.0%
Doctorate Degree 6% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Farmers Loop Alaska Country
White 75.1% 59.7% 60.1%
African American 0.3% 3.1% 12.2%
American Indian 8.4% 14.1% 0.6%
Asian 1.8% 6.2% 5.6%
Hawaiian 0% 1.4% 0.2%
Other 0.8% 0.4% 0.3%
Multiracial 6.9% 7.9% 2.8%
Hispanic 6.7% 7.2% 18.2%
Race / Ethnicity