Farm Loop, Alaska
Moving to or Living in Farm Loop Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Farm Loop, Alaska
Moving to Farm Loop In Alaska ? Find out the best and worst about to live, raise a family or retire in Farm Loop, the Pros and Cons of Living in Farm Loop.
Explore the life in Farm Loop based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Farm Loop, Alaska
Is Farm Loop, Alaska a good place to live?
Farm Loop is a city in Alaska state in USA with a population of 1170 residents..
The poverty rate of Farm Loop is 5.5%, which is 61% lower than national average.
The typical household in Farm Loop earns $89000 a year, compared to the national median of $67,500.
Nearly 21.7% 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 Farm Loop, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farm Loop remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farm Loop, only 32% of adults have a bachelor's degree and 40% have some college but no degree.
Cost of living in Farm Loop is 0, which is 100% lower than national average. Median home value in Farm Loop is $263000 , which is 14% higher than national average. While median income in Farm Loop remained $89000, which is 32% higher than national average.
A high school education is a basic prerequisite for most jobs, and in Farm Loop, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farm Loop remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farm Loop, only 32% of adults have a bachelor's degree and 40% have some college but no degree.
Cost of living in Farm Loop is 0, which is 100% lower than national average. Median home value in Farm Loop is $263000 , which is 14% higher than national average. While median income in Farm Loop remained $89000, which is 32% higher than national average.
Population
1170
Unemployment
7.8%
Poverty
5.5%
Overall Score
5
Median Home
$263000
14%
NAT AVG.
Median Income
$89000
32%
NAT AVG.
Median Rent
$975
16%
NAT AVG.
People Living BPL
1 in 18
Unemployed People
1 in 13
People Earning < $10,000
1 in 50
People Earning < $50,000
21.7%
People with <= High School
1 in 3.6
People With Any Degree
1 in 2.4
Pros & Cons Overview
Jobs80%
Housing85%
Affordability85%
Safety30%
Amenities30%
Diversity60%
Education85%
Commute50%
Gender
Gender | Farm Loop | Alaska | Country |
---|---|---|---|
Female | 51.7% | 47.8% | 50.8% |
Male | 48.3% | 52.2% | 49.2% |
Gender
Household Income
Income | Farm Loop | Alaska | Country |
---|---|---|---|
Less than $10,000 | 2% | 3.8% | 5.8% |
$10,000 to $14,999 | 1.1% | 2.9% | 4.1% |
$15,000 to $24,999 | 6% | 6.2% | 8.5% |
$25,000 to $34,999 | 3.7% | 6.7% | 8.6% |
$35,000 to $49,999 | 8.9% | 10.1% | 12.0% |
$50,000 to $74,999 | 20% | 18.3% | 17.2% |
$75,000 to $99,999 | 16.3% | 14.2% | 12.8% |
$100,000 to $149,999 | 18.9% | 19.3% | 15.6% |
$150,000 to $199,999 | 13.4% | 9.6% | 7.1% |
$200,000 or more | 9.7% | 8.8% | 8.3% |
Education
Education | Farm Loop | Alaska | Country |
---|---|---|---|
< 9th Grade | 2% | 3% | 5.0% |
9-12th Grade | 5% | 4% | 7.0% |
High School or GED | 21% | 28% | 27.0% |
Other College | 30% | 26% | 20.0% |
Associate's Degree | 10% | 9% | 9% |
Bachelor's Degree | 18% | 19% | 20.0% |
Master's Degree | 11% | 8% | 9.0% |
Professional Degree | 2% | 2% | 2.0% |
Doctorate Degree | 1% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Farm Loop | Alaska | Country |
---|---|---|---|
White | 90.1% | 59.7% | 60.1% |
African American | 0% | 3.1% | 12.2% |
American Indian | 2.7% | 14.1% | 0.6% |
Asian | 0.2% | 6.2% | 5.6% |
Hawaiian | 0% | 1.4% | 0.2% |
Other | 0% | 0.4% | 0.3% |
Multiracial | 3% | 7.9% | 2.8% |
Hispanic | 4% | 7.2% | 18.2% |