Buffalo Soapstone / Farm Loop median real estate price is $354,322, which is more expensive than 62.3% of the neighborhoods in Alaska and 56.6% of the neighborhoods in the U.S.
The average rental price in Buffalo Soapstone / Farm Loop is currently $1,903, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.1% of the neighborhoods in Alaska.
Buffalo Soapstone / Farm Loop is a rural 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 mobile homes. 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.
Home and apartment vacancy rates are 9.4% in Buffalo Soapstone / Farm Loop. NeighborhoodScout analysis shows that this rate is lower than 42.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Palmer, the Buffalo Soapstone / Farm Loop neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Buffalo Soapstone / Farm Loop neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 9.6% of family-friendly neighborhoods in the state of Alaska. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.
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, 6.1% of this neighborhood's residents have Native American ancestry and 2.5% 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 75.2% of the neighborhoods in America. In addition, 7.6% 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 57.4% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Buffalo Soapstone / Farm Loop neighborhood, 36.6% 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 25.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.2%), and 17.6% 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 95.4% of households. Some people also speak Italian (3.7%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Buffalo Soapstone / Farm Loop neighborhood in Palmer, AK, residents most commonly identify their ethnicity or ancestry as German (13.6%). There are also a number of people of English ancestry (11.5%), and residents who report Irish roots (8.5%), and some of the residents are also of Native American ancestry (6.1%), along with some Norwegian ancestry residents (5.1%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Buffalo Soapstone / Farm Loop neighborhood spend between 15 and 30 minutes commuting one-way to work (37.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.0%) 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 (15.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.