Fairbanks vs Farmers Loop

A side-by-side comparison of Fairbanks and Farmers Loop: population, income, housing, and more.

Fairbanks and Farmers Loop are places in Alaska. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Fairbanks has the higher population (32,242 vs 4,887 in Farmers Loop). Farmers Loop has the higher median household income ($103,635 vs $72,077 in Fairbanks). Farmers Loop has the higher median home value ($262,600 vs $255,700 in Fairbanks).

Population, income & housing

	Fairbanks	Farmers Loop
Population	32,242	4,887
Median age	28.6 yrs	36.5 yrs
Median household income	$72,077	$103,635
Median home value	$255,700	$262,600
Median gross rent	$1,470	$1,298
Housing units	13,924	2,265
Homeownership rate	40.5%	80.6%
Bachelor's degree or higher	26.5%	27.3%
Unemployment rate	5.8%	3.0%

Trends (ACS 5-year, 2019–2023)

	Fairbanks	Farmers Loop
Population	31,551 → 32,242 (+2.2%)	5,214 → 4,887 (-6.3%)
Median household income	$62,602 → $72,077 (+15.1%)	$80,536 → $103,635 (+28.7%)
Median home value	$211,500 → $255,700 (+20.9%)	$273,800 → $262,600 (-4.1%)
Median gross rent	$1,388 → $1,470 (+5.9%)	$899 → $1,298 (+44.4%)

Fairbanks

Population

31,55132,242

Median household income

$62,602$72,077

Median home value

$211,500$255,700

Median gross rent

$1,388$1,470

Farmers Loop

Population

5,2144,887

Median household income

$80,536$103,635

Median home value

$273,800$262,600

Median gross rent

$899$1,298

Age & race/ethnicity

Age distribution (share)

	Fairbanks	Farmers Loop
Under 5	8.1%	5.9%
5 to 17	16.7%	18.5%
18 to 24	16.0%	5.7%
25 to 34	20.9%	18.0%
35 to 44	10.9%	15.1%
45 to 54	8.7%	11.6%
55 to 64	7.1%	13.5%
65 to 74	7.9%	6.0%
75 and over	3.7%	5.6%

Race & ethnicity (share)

	Fairbanks	Farmers Loop
White (non-Hispanic)	57.4%	70.4%
Black or African American	7.3%	1.3%
American Indian & Alaska Native	7.5%	14.1%
Asian	4.0%	0.7%
Native Hawaiian & Pacific Islander	0.7%	1.1%
Some other race	1.0%	0.6%
Two or more races	11.4%	7.0%
Hispanic or Latino	10.6%	4.8%

Educational attainment (age 25+)

Share of adults 25+

	Fairbanks	Farmers Loop
No high school diploma	6.2%	2.5%
High school graduate	29.4%	41.2%
Some college or associate's	37.9%	29.0%
Bachelor's degree	18.2%	17.7%
Graduate or professional degree	8.3%	9.6%

Commute to work

How workers get to work (share)

	Fairbanks	Farmers Loop
Drove alone	66.1%	73.1%
Carpooled	15.4%	18.9%
Public transit	1.3%	0.0%
Walked	9.3%	1.4%
Bicycle	1.5%	0.6%
Worked from home	5.2%	5.3%
Other means	1.2%	0.6%

Housing

Units in structure (share)

	Fairbanks	Farmers Loop
1-unit, detached	33.2%	67.5%
1-unit, attached	14.8%	9.6%
2 to 4 units	20.5%	7.1%
5 to 19 units	15.6%	5.1%
20 or more units	14.9%	0.0%
Mobile home & other	1.0%	10.7%

Poverty & households

	Fairbanks	Farmers Loop
Poverty rate	9.6%	1.3%
Average household size	2.41	2.61
Mean commute (minutes)	14	34
Median year structure built	1979	1984