What percentage of people rent in Farm Loop, AK?
11.7% (±4.2 points) of the occupied homes in Farm Loop, AK are rented (2020–2024 American Community Survey).
That is 115 renting households against 869 that own their home.
In Farm Loop, the share of households that rent went from 16.6% in 2015–2019 to 11.7% in 2020–2024 (−4.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 11.7% (±4.2 points)
- Renting households
- 115 (±45)
- Median renter income
- $46,902 (±$15,717)
Who rents and who owns in Farm Loop
| Farm Loop | Matanuska-Susitna Borough | Alaska | United States | |
|---|---|---|---|---|
| Renter-occupied share | 11.7% (±4.2 points) | 22.8% (±1.2 points) | 33.2% (±0.7 points) | 34.8% |
| Renting households | 115 (±45) | 9,077 (±486) | 89,700 (±1,829) | 45,017,354 |
| Owning households | 869 (±110) | 30,792 (±523) | 180,833 (±2,019) | 84,210,142 |
| Average renter household size | 2.9 (±0.6) | 2.4 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.2) | 2.9 (±0.0) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $46,902 (±$15,717) | $52,324 (±$4,825) | $64,073 (±$1,408) | $52,966 |
| Median owner household income | $121,637 (±$12,859) | $108,114 (±$3,661) | $112,787 (±$1,515) | $100,009 |
In Farm Loop, the renter share is lower than in Matanuska-Susitna Borough (22.8%).
It is also lower than in Alaska (33.2%).
It is lower than the national figure (34.8%).
In Matanuska-Susitna Borough, Farm Loop ranks 16 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 168 of 190.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Farm Loop has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 16.6% (±5.6 points) | 11.7% (±4.2 points) | −4.9 percentage points | Not a measurable change |
| Median gross rent | $975 (±$269) | $1,991 (±$231) | +104.2% | Up after inflation |
| Median household income | $89,000 (±$10,323) | $119,375 (±$22,147) | +34.1% | No measurable change after inflation |
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.
Households that rent in places near Farm Loop
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Farm Loop | — | 11.7% (±4.2 points) | — |
| Palmer | 2.9 mi | 36.9% (±3.7 points) | Higher |
| Gateway | 5.2 mi | 18.5% (±4.8 points) | Higher |
| North Lakes | 5.2 mi | 21.6% (±4.0 points) | Higher |
| South Lakes | 6.2 mi | 29.0% (±5.6 points) | Higher |
| Lazy Mountain | 7.7 mi | 17.4% (±5.7 points) | Not measurably different |
| Fishhook | 7.9 mi | 14.1% (±5.8 points) | Not measurably different |
| Butte | 8.9 mi | 17.1% (±4.2 points) | Not measurably different |
| Tanaina | 9.1 mi | 19.5% (±4.3 points) | Higher |
Nearby places with a measurably higher figure: Palmer, AK (36.9%), Gateway, AK (18.5%), North Lakes, AK (21.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Matanuska-Susitna Borough, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 10 | Gateway | 18.5% (±4.8 points) |
| 11 | Big Lake | 18.1% (±5.2 points) |
| 12 | Lazy Mountain | 17.4% (±5.7 points) |
| 13 | Butte | 17.1% (±4.2 points) |
| 14 | Knik-Fairview | 15.5% (±2.8 points) |
| 15 | Fishhook | 14.1% (±5.8 points) |
| 16 | Farm Loop | 11.7% (±4.2 points) |
| 17 | Sutton-Alpine | 11.4% (±6.6 points) |
| 18 | Willow | 5.5% (±4.2 points) |
Showing 9 of 18 places in Matanuska-Susitna Borough, ranked from highest to lowest.
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.
What you can do on Seayora in Farm Loop
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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).
Is renting growing in Farm Loop?
In Farm Loop, the share of households that rent went from 16.6% in 2015–2019 to 11.7% in 2020–2024 (−4.9 percentage points), not a measurable change.
How big are renting households in Farm Loop?
A renting household in Farm Loop has 2.9 people on average, against 2.9 in an owned home.
How much do renters earn in Farm Loop?
The median renting household in Farm Loop, AK has an income of $46,902 (±$15,717) a year, against $121,637 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farm Loop CDP, Alaska
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Farm Loop CDP, Alaska
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Farm Loop CDP, Alaska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farm Loop CDP, Alaska
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Farm Loop CDP, Alaska
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Farm Loop at a glance
- Income and affordability in Farm Loop
- Home values in Farm Loop
- Homeowner costs in Farm Loop
- Property taxes in Farm Loop
- Types of homes in Farm Loop
- Bedrooms in Farm Loop
- Age of homes in Farm Loop
- Heating fuel in Farm Loop
- Commute and cars in Farm Loop
- Population growth in Farm Loop
- How long people stay in Farm Loop
- Alaska landlord and tenant rules
- Housing across Matanuska-Susitna Borough
- Alaska places ranked by share of renters
- Housing data for every place in Alaska