Pros and Cons of Living In Farmers Loop, Alaska. Is Farmers Loop, AK a Nice Place To Live or Retire?

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Farmers Loop, Alaska

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

DEMOGRAPHICS

Population
5089
Unemployment
2.8%
40% NAT AVG.
Poverty
5.2%
63% NAT AVG.
Cost Of Living
128
28% NAT AVG.

ECONOMICS

Median Home Cost
$287300
25% NAT AVG.
Median Income
$87579
30% NAT AVG.
Median Rent
$1124
3% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 19
Unemployed People
1 in 36
People Earning < $10,000
1 in 50
People Earning < $50,000
33.1%
People With Any Degree
1 in 2.7

ETHNICITY

Ethnicity Farmers Loop USA
White 75.1% 60.1%
African American 0.3% 12.2%
American Indian 8.4% 0.6%
Asian 1.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 6.9% 2.8%
Hispanic 6.7% 18.2%
Other 0.8% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Farmers Loop USA
Less than $10,000 2% 5.8%
$10,000 to $14,999 1.3% 4.1%
$15,000 to $24,999 2.3% 8.5%
$25,000 to $34,999 10.2% 8.6%
$35,000 to $49,999 17.3% 12.0%
$50,000 to $74,999 7.5% 17.2%
$75,000 to $99,999 22.3% 12.8%
$100,000 to $149,999 19% 15.6%
$150,000 to $199,999 10.2% 7.1%

EDUCATION

Education Farmers Loop USA
< 9th Grade 3% 5.0%
9-12th Grade 2% 7.0%
High School or GED 28% 27.0%
Other College 30% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 19% 20.0%
Master's Degree 6% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 6% 1.0%
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. The unemployment rate of Farmers Loop remained 2.8%, which is 40% lower than national rate.

Cost of living in Farmers Loop is 128, which is 28% higher than national average. In Farmers Loop, only 31% of adults have a bachelor's degree and 36% have some college but no degree. 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.
Farmers Loop Scorecard

Jobs85%

Housing85%

Affordability80%

Safety60%

Amenities60%

Diversity80%

Education85%

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