Frequently Asked Questions
Is Farmers Loop a good place to live?
Farmers Loop is a good place to live. Farmers Loop is considered very car-dependent and somewhat bikeable. Farmers Loop is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Farmers Loop has 4 parks for recreational activities. It has a median age of 40. The average household income is $109,894 which is above the national average. College graduates make up 30.6% of residents. A majority of residents in Farmers Loop are home owners, with 22.7% of residents renting and 77.3% of residents owning their home. A local real estate agent serving Farmers Loop can help you decide if this neighborhood is the right one for you. Learn more on our Farmers Loop neighborhood guide.
Is Farmers Loop, AK a safe neighborhood?
Farmers Loop, AK is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Farmers Loop?
The median home price in Farmers Loop is $270,950. If you put a 20% down payment of $54,200 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $1,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $60K a year to afford the median home price in Farmers Loop. The average household income in Farmers Loop is $110K.
What are the best public schools in Farmers Loop?
The best public schools that serve Farmers Loop are:
- West Valley High School has a B+ Niche grade, a student teacher ratio of 20:1 and an average review score of 3.8.
- Pearl Creek Elementary School has a B+ Niche grade and a student teacher ratio of 18:1.
- Lathrop High School has a B Niche grade, a student teacher ratio of 20:1 and an average review score of 3.7.
What are the best private schools in Farmers Loop?
The best private schools that serve Farmers Loop are:
- Catholic Schools of Fairbanks has an A- Niche grade, a student teacher ratio of 8:1 and an average review score of 4.3.
- Fairhill Christian School has a student teacher ratio of 13:1 and an average review score of 3.5.
- Golden Heart Christian School has a student teacher ratio of 24:1.
What are the most popular zip codes in Farmers Loop, Fairbanks, AK?
What are the most popular neighborhoods near Farmers Loop, Fairbanks, AK?
The most popular neighborhoods near Farmers Loop, Fairbanks, AK are Steele Creek, College, Aurora-Lemeta, Northeast City and Goldstream.
Are home prices dropping in Farmers Loop?
Yes, home prices in Farmers Loop are down 3% in the last 12 months.
