The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Located in the state of Alaska, Farm Loop is a small-sized city with a population of 2,637 people. According to the most recent Census, 89% of Farm Loop residents are White, 3% American Indian and Alaskan and 1% Black. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Farm Loop offers up a higher than average one way commute time of 31 minutes.
Are you trying to decide if living in Farm Loop is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Alaska, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like crime, cost of living, housing and other key data points, finding the best places to live in Farm Loop and in the areas around Farm Loop is a much easier task.
With a livability score of 63 out of 100, Farm Loop is ranked #13,571 in the United States and #27 in Alaska. There are nine total categories that form the livability score. Farm Loop ranks well for crime (B), employment (A+) and housing (A+) There is at least one category that you should be aware of in Farm Loop. The following was graded with a concerning score: amenities (F) and cost of living (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Farm Loop market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Farm Loop is real estate affordability. The median home price for Farm Loop homes is $301,600, which is 17.3% higher than the Alaska average. If we take a closer look at the affordability of homes in Farm Loop, we’ll see that the home price to income ratio is 2.9, which is 17.1% lower than the Alaska average.
Statistic | Farm Loop | Alaska | National |
Average one way commute | 31min | 19min | 26min |
Workers who drive to work | 75.0% | 68.1% | 76.4% |
Workers who carpool | 12.6% | 12.5% | 9.3% |
Workers who take public transit | 0.0% | 1.5% | 5.1% |
Workers who bicycle | 1.1% | 1.0% | 0.6% |
Workers who walk | 1.5% | 7.9% | 2.8% |
Working from home | 6.4% | 4.6% | 4.6% |