Housing data for Farm Loop, AK
Farm Loop, AK has an estimated 2,894 residents and 1,014 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Matanuska-Susitna Borough.
11.7% of households rent.
The median gross rent is $1,991 a month.
Its population grew measurably since 2015–2019 (+147.4%).
Figures last updated on .
- Residents
- 2,894 (±393)
- Housing units
- 1,014 (±120)
- Households that rent
- 11.7%
- Median gross rent
- $1,991
- Residents since 2015–2019
- +147.4%
What stands out in Farm Loop
Median gross rent: $1,991 (±$231) in Farm Loop, higher than in Matanuska-Susitna Borough ($1,299).
Homes heated by fuel oil: 3.8% (±2.7 points) in Farm Loop, lower than in Matanuska-Susitna Borough (12.1%).
Households that rent: 11.7% (±4.2 points) in Farm Loop, lower than in Matanuska-Susitna Borough (22.8%).
Homes in buildings of 5 or more units: 0.0% (±4.2 points) in Farm Loop, lower than in Matanuska-Susitna Borough (5.0%).
Housing in Farm Loop at a glance
- Median rent: $1,991 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 56.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 11.7% of households rent
- Income and affordability: $119,375 median household income
- Home values: $431,300 median home value
- Homeowner costs: $2,278 median monthly cost with a mortgage
- Property taxes: $3,904 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 84.1% of homes have 3 or more bedrooms
- Age of homes: 14.2% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 85.3% heat with utility gas
- Commute and cars: 28.5 minutes average trip to work
- Growth: +147.4% residents since 2015–2019
- How long people stay: 17.9% moved in since 2020
- Crowding and facilities: 6.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Farm Loop against Matanuska-Susitna Borough, its state and the nation
| Farm Loop | Matanuska-Susitna Borough | Alaska | United States | |
|---|---|---|---|---|
| Residents | 2,894 (±393) | 112,988 (exact) | 735,706 (exact) | 334,922,499 |
| Housing units | 1,014 (±120) | 51,170 (±110) | 328,491 (±442) | 143,775,355 |
| Households that rent | 11.7% (±4.2 points) | 22.8% (±1.2 points) | 33.2% (±0.7 points) | 34.8% |
| Median gross rent | $1,991 (±$231) | $1,299 (±$55) | $1,419 (±$23) | $1,413 |
| Median household income | $119,375 (±$22,147) | $94,031 (±$2,542) | $92,788 (±$1,232) | $80,734 |
| Median home value | $431,300 (±$23,948) | $346,600 (±$4,883) | $352,900 (±$3,735) | $332,700 |
| Median real estate taxes (a year) | $3,904 (±$419) | $3,685 (±$78) | $3,901 (±$70) | $3,119 |
| Built before 1980 | 14.2% (±5.0 points) | 17.7% (±1.0 points) | 36.9% (±0.7 points) | 49.7% |
| Average commute | 28.5 minutes (±3.2) | 34.8 minutes (±0.9) | 19.4 minutes (±0.3) | 26.4 minutes |
| Households with broadband | 98.0% (±1.8 points) | 93.2% (±0.7 points) | 91.9% (±0.4 points) | 91.0% |
| Median age of residents | 40.2 years (±2.3) | 36.7 years (±0.2) | 35.8 years (±0.1) | 38.9 years |
Farm Loop covers 9.1 square miles of land, about 318 residents per square mile (Census Bureau Gazetteer).
How Farm Loop has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,170 (±154) | 2,894 (±393) | +147.4% | Measurable increase |
| Housing units | 363 (±36) | 1,014 (±120) | +179.3% | Measurable increase |
| Median gross rent | $975 (±$269) | $1,991 (±$231) | +104.2% | Up after inflation |
| Median home value | $263,000 (±$22,088) | $431,300 (±$23,948) | +64.0% | Up after inflation |
| Median household income | $89,000 (±$10,323) | $119,375 (±$22,147) | +34.1% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,941 (±$292) | $2,278 (±$83) | +17.4% | No measurable change after inflation |
| Median real estate taxes | $2,203 (±$410) | $3,904 (±$419) | +77.2% | Up after inflation |
| Households that rent | 16.6% (±5.6 points) | 11.7% (±4.2 points) | −4.9 percentage points | Not a measurable change |
| Rental vacancy rate | 4.9% (±7.1 points) | 0.0% (±19.4 points) | −4.9 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Farm Loop
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Palmer | 2.9 mi | $1,125 | $294,900 | 36.9% |
| Gateway | 5.2 mi | $1,741 | $446,200 | 18.5% |
| North Lakes | 5.2 mi | $1,441 | $357,600 | 21.6% |
| South Lakes | 6.2 mi | $1,178 | $377,500 | 29.0% |
| Lazy Mountain | 7.7 mi | $980 | $352,800 | 17.4% |
| Fishhook | 7.9 mi | $1,837 | $416,300 | 14.1% |
| Butte | 8.9 mi | $1,610 | $374,600 | 17.1% |
| Tanaina | 9.1 mi | $1,398 | $328,500 | 19.5% |
Places in Alaska most like Farm Loop
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Fishhook | $1,837 | $416,300 | $111,375 | 14.1% |
| Gateway | $1,741 | $446,200 | $137,772 | 18.5% |
| Butte | $1,610 | $374,600 | $101,042 | 17.1% |
| Knik-Fairview | $1,588 | $340,200 | $96,437 | 15.5% |
| North Lakes | $1,441 | $357,600 | $101,679 | 21.6% |
| Kalifornsky | $1,394 | $336,800 | $93,508 | 14.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Alaska.
HUD Fair Market Rent for Farm Loop, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $929 | $988 | $1,293 | $1,790 | $2,161 |
HUD income limits for Farm Loop, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,100 | $41,800 | $66,850 |
| 2 people | $28,650 | $47,750 | $76,400 |
| 3 people | $34,150 | $53,700 | $85,950 |
| 4 people | $41,250 | $59,650 | $95,450 |
| 5 people | $48,350 | $64,450 | $103,100 |
| 6 people | $55,450 | $69,200 | $110,750 |
| 7 people | $62,550 | $74,000 | $118,400 |
| 8 people | $69,650 | $78,750 | $126,000 |
These are the limits HUD sets for its housing programs in the Matanuska-Susitna Borough, AK HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $119,300.
A program can use its own limits; tax-credit and local programs often do.
Farm Loop is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Farm Loop
How many renters are there in Farm Loop?
Farm Loop has an estimated 115 (±45) renting households, 11.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Farm Loop?
The median household income in Farm Loop is $119,375 (±$22,147) a year (2020–2024 American Community Survey).
What is the average home value in Farm Loop, AK?
The Census Bureau publishes the median: $431,300 (±$23,948) for owner-occupied homes in Farm Loop (2020–2024 American Community Survey).
What is the average mortgage payment in Farm Loop?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Farm Loop, AK is $2,278 (±$83) a month, including taxes, insurance and utilities.
How much are property taxes in Farm Loop?
The median real estate tax paid by homeowners in Farm Loop, AK is $3,904 (±$419) a year (2020–2024 American Community Survey).
How many homes are in Farm Loop?
Farm Loop, AK has an estimated 1,014 (±120) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Farm Loop growing?
In Farm Loop, the number of residents went from 1,170 in 2015–2019 to 2,894 in 2020–2024 (+147.4%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Farm Loop CDP, Alaska
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farm Loop CDP, Alaska
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Farm Loop CDP, Alaska
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Farm Loop CDP, Alaska
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Farm Loop CDP, Alaska
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Farm Loop CDP, Alaska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farm Loop CDP, Alaska
- HUD Fair Market Rents, fiscal year 2027: Matanuska-Susitna Borough, AK HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Matanuska-Susitna Borough, AK HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Farm Loop CDP, Alaska (place:25000, in state:02).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .