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Farmers Loop, Alaska Demographics & Population 2026

Lowest PovertyLowest poverty rate in Alaska

During the 2020–2024 ACS period, Farmers Loop, Alaska had a total population of 4,954, the 25th largest community in Alaska, with a median household income of $109,950, which is 18% higher than the state average. The poverty rate is 1.8%.

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

Key Takeaways

Farmers Loop Quick Facts

Population 4,954
Median Household Income $109,950
Median Home Value $279,800
Poverty Rate 1.8%
Unemployment Rate 2.8%
Median Age 36.6 years
Homeownership Rate 82.2%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 33.3%
High School Graduation Rate 96.3%
Diversity Index 32/100
Population 4,954 25th of 326
Median Income $109,950 top 10%
Poverty Rate 1.8% 86% lower than national
Median Home Value $279,800 above average

How Farmers 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
Population4,8874,954+1.4%
Median household income$103,635$109,950+6.1%
Median home value$262,600$279,800+6.5%

How Farmers Loop Compares

Economy & Housing

Household Income Distribution

Under $25K 1.6%
$25K-$50K 14.7%
$50K-$100K 21.5%
$100K+ 62.2%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
1.6%
$20K-$25K
0.0%
$25K-$30K
4.1%
$30K-$35K
4.6%
$35K-$40K
3.8%
$40K-$45K
0.0%
$45K-$50K
2.3%
$50K-$60K
4.2%
$60K-$75K
8.9%
$75K-$100K
8.4%
$100K-$125K
24.5%
$125K-$150K
8.3%
$150K-$200K
12.8%
$200K+
16.6%

Employment

2.8% Unemployment Rate State: 5.9%|National: 5.2%
70.0% Labor Force Participation

Housing Overview

Owner 82.2%
Renter 17.8%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $1,406/mo 15.3% of median household income annually

People & Demographics

Diversity Index

32out 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

Farmers Loop Rankings in Alaska

#25 Population of 326
#20 Median Income of 253
#58 Education of 326
#88 Home Value of 238

Other Cities in Fairbanks North Star Borough

CityPopulationMedian IncomePovertyHome Value
Fairbanks 32,083 $73,534 8.7% $268,400
Badger 18,677 $97,183 4.2% $310,600
College 11,924 $83,895 6.5% $297,500
Steele Creek 5,928 $121,364 3.3% $348,400
Chena Ridge 5,881 $133,775 2.8% $395,500
Goldstream 3,294 $103,589 4.7% $289,600
Eielson AFB 3,155 $68,199 3.9% N/A
Ester 2,752 $53,272 11.9% $255,400
North Pole 2,370 $92,273 4.9% $289,400
Salcha 829 $87,803 8.8% $311,200

Cities Similar to Farmers Loop

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Utqiaġvik4,778$115,313$311,40016.4%11.0%
Fishhook5,819$111,375$416,30029.8%9.2%
Unalaska4,556$131,964$462,40017.9%9.6%
Kodiak5,447$90,292$347,10025.3%7.5%
Steele Creek5,928$121,364$348,40035.3%3.3%

Population Overview

Farmers Loop is a small community located in Alaska, within Fairbanks North Star Borough. The total population is 4,954. It ranks as the 25th most populous out of 326 Census-designated places in Alaska.

Age Demographics

The median age in Farmers Loop is 36.6 years. This is 2% higher than the state median of 35.8 years.

Economy, Income & Housing

The median household income in Farmers Loop is $109,950. This is 18% higher than the state median of $92,788. It is also 36% higher than the national median of $80,734. The poverty rate stands at 1.8%. This is 82% lower than the state poverty rate of 10.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.8%. This is 52% lower than the state rate of 5.9%. The median home value is $279,800. Housing costs are 21% lower than the state median of $352,900. With a home-value-to-income ratio of just 2.5x, Farmers Loop is one of the most affordable housing markets in the area. 82.2% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Farmers Loop is White (non-Hispanic), making up 81.6% of the population. Hispanic or Latino residents account for 7.2%. The Asian population (1.0%) is well below the state average of 6.3%.

Education

33.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% 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 96.3%.

Data Sources & Methodology

All demographic data for Farmers 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.

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Frequently Asked Questions

What is the population of Farmers Loop, Alaska?

Farmers Loop, Alaska has a population of 4,954 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Farmers Loop is $109,950, which is 36% higher than the national median of $80,734.

What is the poverty rate in Farmers Loop, AK?

The poverty rate in Farmers Loop is 1.8%. This means approximately 89 residents live below the federal poverty line.

What is the racial makeup of Farmers Loop, Alaska?

Farmers Loop's population is 81.6% White, 0.0% Black, 7.2% Hispanic/Latino, and 1.0% Asian.

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

The median home value in Farmers Loop is $279,800. The home-value-to-income ratio is 2.5x.

How educated is Farmers Loop, Alaska?

33.3% of adults (25+) in Farmers Loop hold a bachelor's degree or higher, and 10.7% hold a graduate or professional degree.