Buffalo Soapstone / Farm Loop median real estate price is $427,724, which is more expensive than 62.5% of the neighborhoods in Alaska and 58.6% of the neighborhoods in the U.S.
The average rental price in Buffalo Soapstone / Farm Loop is currently $2,278, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.8% of the neighborhoods in Alaska.
Buffalo Soapstone / Farm Loop is a remote neighborhood (based on population density) located in Palmer, Alaska.
Buffalo Soapstone / Farm Loop real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Buffalo Soapstone / Farm Loop neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Buffalo Soapstone / Farm Loop has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
The Buffalo Soapstone / Farm Loop neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.0% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
According to NeighborhoodScout's exclusive analysis, Buffalo Soapstone / Farm Loop is among the best neighborhoods for families in Alaska. In fact, this neighborhood is more family-friendly than 95.5% of neighborhoods in the entire state of Alaska. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Buffalo Soapstone / Farm Loop neighborhood.
Did you know that the Buffalo Soapstone / Farm Loop neighborhood has more Native American and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.2% of this neighborhood's residents have Native American ancestry and 2.2% have Ukrainian ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Buffalo Soapstone / Farm Loop neighborhood in Palmer are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.1% of the neighborhoods in America. In addition, 6.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 61.2% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Buffalo Soapstone / Farm Loop neighborhood, 38.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.5%), and 16.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Buffalo Soapstone / Farm Loop neighborhood is English, spoken by 96.1% of households. Some people also speak Italian (3.7%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Buffalo Soapstone / Farm Loop neighborhood in Palmer, AK, residents most commonly identify their ethnicity or ancestry as German (14.6%). There are also a number of people of English ancestry (11.3%), and residents who report Irish roots (8.4%), and some of the residents are also of Native American ancestry (6.2%), along with some Norwegian ancestry residents (5.0%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Buffalo Soapstone / Farm Loop neighborhood spend between 15 and 30 minutes commuting one-way to work (38.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (15.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.