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.
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.
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%
Poverty
5.2%
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% |