The average family unit size in Farmers Loop, AK is 2.82 family members, with 81.5% being the owner of their very own domiciles. The average home value is $268119. For those renting, they pay on average $899 monthly. 56.4% of homes have 2 sources of income, and a typical household income of $80536. Median individual income is $32348. 6.6% of town residents are living at or beneath the poverty line, and 15.4% are handicapped. 17.2% of inhabitants are ex-members associated with US military.
The labor pool participation rate in Farmers Loop is 73.9%, with an unemployment rate of 2.7%. For the people in the labor force, the average commute time is 23.1 minutes. 14% of Farmers Loop’s population have a grad degree, and 22.1% have a bachelors degree. For many without a college degree, 42.9% attended at least some college, 15.4% have a high school diploma, and only 5.6% have an education less than senior school. 7.1% are not covered by medical insurance.
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