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CITY

Farm Loop

Alaska · 2,894 residents · 9.106 sq mi
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The short version

Farm Loop is significantly wealthier than the US average, with a median household income of $119,375. The city has more than doubled in size since 2000, adding 1,827 residents. Median home value has roughly tripled since 2000, reaching $431,300. Poverty is rare here, at 5.7% of residents. It ranks in the top 5% of US cities for household income. Households here earn about 29% more than the Alaska median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 40.2
US median: 38.9
Average education
37% hold a bachelor's degree
US average: 36%
Less affordable
home values up 92%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,894
+171%since 2000
from 1,067 in 2000
2000 – 2024
Population density
318 / sq mi
+171%since 2000
from 117 / sq mi in 2000
US average: 281
Median age
40.2
+19%since 2000
from 33.7 in 2000
US average: 38.9
Population, 2000 – 2024
7711K2K3K3K2000201020202024Farm Loop
20243K
2000201020202024
Section 02

Income & economy

Median household income
$119,375
+19%inflation adjusted, since 2000
from $55,234 in 2000
US average: $82,259
2000 – 2024
Per capita income
$45,382
+117%since 2000
from $20,880 in 2000
US average: $44,673
Households earning $100K+
70.7%
+13.5 ptssince 2009
from 57.2% in 2009
US average: 53.3%
Poverty rate
5.7%
−1.5 ptssince 2000
from 7.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.372
−15%since 2010
from 0.437 in 2010
US average: 0.476
Workforce by industry, 2024
Information13.2%
US avg: 10.8%
Wholesale trade7.2%
US avg: 6.9%
Finance & insurance6.8%
US avg: 5.9%
Professional, scientific, technical3.8%
US avg: 5.1%
Education & health services3%
US avg: 0.9%
Retail trade2.8%
US avg: 9.9%
Agriculture, forestry, fishing2.3%
US avg: 1.6%
Other services2.3%
US avg: 6.7%
Construction2.2%
US avg: 1.2%
Arts, entertainment, food1.6%
US avg: 1.9%
Transportation & warehousing1.4%
US avg: 2.2%
Public administration1.1%
US avg: 4.8%
Manufacturing0.1%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$431,300
+92%inflation adjusted, since 2000
from $123,600 in 2000
US average: $376,019
2000 – 2024
Median gross rent
$1,991
+83%inflation adjusted, since 2000
from $596 in 2000
US average: $1,442
Owner-occupied
88.3%
+6.0 ptssince 2000
from 82.3% in 2000
11.7% rent
Vacancy rate
3.0%
−11.3 ptssince 2009
from 14.3% in 2009
US average: 10.0%
Owner cost-burdened
14.7%
−6.3 ptssince 2009
from 21.1% in 2009
US average: 22.9%
Renter cost-burdened
44.3%
+6.8 ptssince 2009
from 37.5% in 2009
US average: 47.4%
Afford Score
3.6
+61%since 2000
from 2.2 in 2000
2000 – 2024
Gentrification Score
45
RELATED:See current rent listings in Farm Loop on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic91.6%(977)
Black0.3%(3)
Hispanic / Latino2.4%(26)
Asian0.3%(3)
Other0%
Diversity Score7.7%(82)
2024
White, non-Hispanic79.2%(2,292)
Black0.8%(22)
Hispanic / Latino5.4%(157)
Asian0.1%(4)
Other14.5%(419)
Diversity Score43.6%(1,262)
Diversity Score
44
+465%since 2000
from 8 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
37.4%
+4.6 ptssince 2000
from 32.8% in 2000
US average: 35.6%
High school or higher
97.2%
+2.6 ptssince 2000
from 94.7% in 2000
US average: 89.6%
Graduate degree
15.5%
+5.1 ptssince 2000
from 10.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.5 min
−5%since 2000
from 30.1 min in 2000
US average: 26.5
Drive alone to work
69.2%
−9.1 ptssince 2009
from 78.3% in 2009
US average: 68.9%
Carpooled to work
11.3%
+0.8 ptssince 2009
from 10.5% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
12.9%
+6.8 ptssince 2009
from 6.1% in 2009
US average: 15.0%
Walked to work
2.4%
+1.8 ptssince 2009
from 0.7% in 2009
US average: 2.4%
Biked to work
0.6%
−1.9 ptssince 2009
from 2.5% in 2009
US average: 0.4%
No vehicle available
1.1%
−0.8 ptssince 2009
from 2.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.3%
−1.0 ptssince 2011
from 8.3% in 2011
US average: 5.2%
Labor force participation
64.3%
−5.2 ptssince 2011
from 69.5% in 2011
US average: 63.5%
Self-employed
14.6%
+3.5 ptssince 2009
from 11.1% in 2009
US average: 13.1%
Management & professional
46.5%
−19.7 ptssince 2009
from 66.1% in 2009
US average: 42.5%
Section 08

People & community

Male
51.6%
+1.0 ptssince 2009
from 50.6% in 2009
Female
48.4%
−1.0 ptssince 2009
from 49.4% in 2009
Foreign born
2.2%
+1.4 ptssince 2009
from 0.9% in 2009
US average: 14.1%
Veterans
15.7%
−33.9 ptssince 2009
from 49.5% in 2009
US average: 6.2%
With a disability
15.7%
+10.6 ptssince 2012
from 5.1% in 2012
US average: 13.3%
Uninsured
7.3%
−68.3 ptssince 2013
from 75.6% in 2013
US average: 8.4%
Broadband at home
98.0%
+5.2 ptssince 2017
from 92.8% in 2017
US average: 91.0%
English only at home
95.9%
−2.0 ptssince 2016
from 97.9% in 2016
US average: 77.7%
Spanish at home
1.8%
+0.1 ptssince 2016
from 1.6% in 2016
US average: 13.6%
Drill deeper

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Compare Farm Loop to nearby cities

FARM LOOP VS
North Lakes
Income$101,679−15%
Home value$357,600−17%
Population10,223+253%
SEE FULL COMPARISON →
FARM LOOP VS
Tanaina
Income$105,536−12%
Home value$328,500−24%
Population9,646+233%
SEE FULL COMPARISON →
FARM LOOP VS
Wasilla
Income$67,234−44%
Home value$358,400−17%
Population10,556+265%
SEE FULL COMPARISON →
FARM LOOP VS
Meadow Lakes
Income$81,699−32%
Home value$323,100−25%
Population8,689+200%
SEE FULL COMPARISON →
Frequently asked

How many people live in Farm Loop, Alaska?

Farm Loop, Alaska has about 2,894 residents according to the 2024 American Community Survey.

What is the median household income in Farm Loop, Alaska?

The typical household in Farm Loop, Alaska earns about $119,375 a year. Half of households make more than that, and half make less.

Is Farm Loop, Alaska expensive?

In Farm Loop, Alaska, the median home is worth about $431,300, and the typical rent is about $1,991 a month.

How educated are people in Farm Loop, Alaska?

About 37.4% of adults age 25 and over in Farm Loop, Alaska hold a bachelor's degree or higher.

What is the poverty rate in Farm Loop, Alaska?

About 5.7% of people in Farm Loop, Alaska live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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