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Farmers Loop is a census-designated place in Fairbanks North Star Borough, Alaska, United States. It was one of several CDPs created out of various Fairbanks suburbs and outskirts during the 2010 census. As of the 2020 census, Farmers Loop had a population of 4,704. The CDP is located north of Fairbanks and is centered on and named for Farmers Loop Road, a road that runs along the foothills north of Fairbanks between the Steese Highway and the northeastern corner of the University of Alaska Fairbanks campus.