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Farm Loop, Alaska Demographics & Population 2026

During the 2020–2024 ACS period, Farm Loop, Alaska had a total population of 2,894, the 39th largest community in Alaska, with a median household income of $119,375, which is 29% higher than the state average. The poverty rate is 5.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Farm Loop Quick Facts

Population 2,894
Median Household Income $119,375
Median Home Value $431,300
Poverty Rate 5.7%
Unemployment Rate 7.3%
Median Age 40.2 years
Homeownership Rate 88.3%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 37.4%
High School Graduation Rate 97.2%
Diversity Index 35/100
Population 2,894 39th of 326
Median Income $119,375 top 10%
Poverty Rate 5.7% 54% lower than national
Median Home Value $431,300 top 10%

How Farm Loop Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,9402,894-1.6%
Median household income$110,332$119,375+8.2%
Median home value$393,300$431,300+9.7%

How Farm Loop Compares

Economy & Housing

Household Income Distribution

Under $25K 6.3%
$25K-$50K 15.1%
$50K-$100K 21.9%
$100K+ 56.7%
Detailed income brackets
Under $10K
2.2%
$10K-$15K
3.1%
$15K-$20K
0.9%
$20K-$25K
0.0%
$25K-$30K
0.7%
$30K-$35K
0.5%
$35K-$40K
4.1%
$40K-$45K
6.0%
$45K-$50K
3.9%
$50K-$60K
4.4%
$60K-$75K
3.5%
$75K-$100K
14.0%
$100K-$125K
11.8%
$125K-$150K
6.7%
$150K-$200K
17.6%
$200K+
20.6%

Employment

7.3% Unemployment Rate State: 5.9%|National: 5.2%
64.3% Labor Force Participation

Housing Overview

Owner 88.3%
Renter 11.7%
Affordability Index Affordable
3.6x home value to income ratio
Median gross rent $1,991/mo 20.0% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 63 | National average: 61

Education

Farm Loop Rankings in Alaska

#39 Population of 326
#13 Median Income of 253
#38 Education of 326
#14 Home Value of 238

Other Cities in Matanuska-Susitna Borough

CityPopulationMedian IncomePovertyHome Value
Knik-Fairview 19,972 $96,437 9.2% $340,200
North Lakes 10,223 $101,679 7.3% $357,600
Wasilla 9,720 $67,234 17.5% $358,400
Tanaina 9,646 $105,536 8.6% $328,500
Meadow Lakes 8,689 $81,699 14.1% $323,100
Gateway 6,845 $137,772 4.5% $446,200
Palmer 6,268 $72,201 13.0% $294,900
South Lakes 6,180 $98,141 7.6% $377,500
Fishhook 5,819 $111,375 9.2% $416,300
Butte 4,085 $101,042 6.7% $374,600

Cities Similar to Farm Loop

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kotzebue2,984$110,357$288,40018.7%14.4%
Goldstream3,294$103,589$289,60068.6%4.7%
Seward2,794$85,481$338,10043.0%9.3%
Nome3,653$113,646$356,90022.1%8.8%
North Pole2,370$92,273$289,40029.4%4.9%

Population Overview

Farm Loop is a small community located in Alaska, within Matanuska-Susitna Borough. The total population is 2,894. It ranks as the 39th most populous out of 326 Census-designated places in Alaska.

Age Demographics

The median age in Farm Loop is 40.2 years. This is 12% higher than the state median of 35.8 years.

Economy, Income & Housing

The median household income in Farm Loop is $119,375. This is 29% higher than the state median of $92,788. It is also 48% higher than the national median of $80,734. The poverty rate stands at 5.7%. This is 44% lower than the state poverty rate of 10.1%. The unemployment rate is 7.3%. This is 25% higher than the state rate of 5.9%. The median home value is $431,300. Housing costs are 22% higher than the state median of $352,900. The home-value-to-income ratio is 3.6x. 88.3% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Farm Loop is White (non-Hispanic), making up 79.2% of the population. Hispanic or Latino residents account for 5.4%. The Black or African American population (0.8%) is well below the state average of 2.9%. The Asian population (0.1%) is well below the state average of 6.3%.

Education

37.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% higher than the state rate of 31.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.2%. Notably, 15.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Farm Loop, Alaska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Alaska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 326 Census-designated places in Alaska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Alaska city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Farm Loop, Alaska?

Farm Loop, Alaska has a population of 2,894 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Farm Loop is $119,375, which is 48% higher than the national median of $80,734.

What is the poverty rate in Farm Loop, AK?

The poverty rate in Farm Loop is 5.7%. This means approximately 164 residents live below the federal poverty line.

What is the racial makeup of Farm Loop, Alaska?

Farm Loop's population is 79.2% White, 0.8% Black, 5.4% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Farm Loop, AK?

The median home value in Farm Loop is $431,300. The home-value-to-income ratio is 3.6x.

How educated is Farm Loop, Alaska?

37.4% of adults (25+) in Farm Loop hold a bachelor's degree or higher, and 15.5% hold a graduate or professional degree.