Farmingdale, NY
Population 8,450 · New York
About Farmingdale, NY
Farmingdale is a small town located in New York with a population of 8,450 residents according to the latest US Census Bureau American Community Survey data. The median household income is $134,037 per year, which is 78% above the national median of $75,149. The median age of 42.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Farmingdale features a median home value of $530,100, which is 116% above the national median of $244,900. This places Farmingdale in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,460, 112% above the national average of $1,163/month. Of the 3,678 total housing units, 70% are owner-occupied (2,462 units) and 30% are renter-occupied (1,067 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Farmingdale shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Farmingdale have an average one-way commute time of 32.4 minutes.
Education & Demographics
52.9% of Farmingdale residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.8% White, 2.1% Hispanic or Latino, 6.4% Black or African American, and 3.8% Asian residents, with 11.9% of the population being foreign-born.
Cost of Living in Farmingdale, NY
Compared to national averages, Farmingdale has a median household income of $134,037 (78% above the national median of $75,149). Home values average $530,100, which is 116% above the national median. Monthly rent at $2,460 is 112% above the US average of $1,163. Within New York, Farmingdale's income is 38% above the state average of $96,987, and home values are 37% above the state median of $387,181.
Why Live in Farmingdale, NY?
Farmingdale offers a strong local economy with a median household income of $134,037, well above the national average, and a well-educated community where 52.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $530,100. However, Farmingdale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Farmingdale has a population of 8,450 with a median age of 42.8 years. Compare Farmingdale with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Farmingdale
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hastings-on-Hudson | 8,449 | $181,528 | $872,500 | Compare |
| New Windsor | 8,427 | $85,755 | $324,300 | Compare |
| Malverne | 8,496 | $146,585 | $637,300 | Compare |
| Potsdam | 8,507 | $32,061 | $144,200 | Compare |
| Wading River | 8,393 | $132,213 | $486,600 | Compare |
| South Lockport | 8,660 | $54,051 | $143,800 | Compare |
| Croton-on-Hudson | 8,205 | $185,718 | $702,600 | Compare |
| Port Jervis | 8,709 | $50,721 | $220,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Farmingdale With Other Cities
Frequently Asked Questions about Farmingdale
What is the population of Farmingdale, NY?
The population of Farmingdale, NY is 8,450 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Farmingdale?
The median household income in Farmingdale, NY is $134,037 per year, which is 78% above the national median of $75,149.
What is the median home value in Farmingdale?
The median home value in Farmingdale, NY is $530,100, which is 116% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Farmingdale?
The median monthly rent in Farmingdale, NY is $2,460, which is 112% above the national average of $1,163/month.
What is the unemployment rate in Farmingdale?
The unemployment rate in Farmingdale, NY is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Farmingdale, NY a good place to live?
Farmingdale offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 8,450 and a median age of 42.8, the city appeals to a broad range of residents.
How educated is Farmingdale, NY?
52.9% of residents in Farmingdale aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Farmingdale?
Key cost-of-living indicators for Farmingdale, NY: median home value is $530,100 (116% above national), median rent is $2,460/month, and median household income is $134,037. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Farmingdale?
The poverty rate in Farmingdale, NY is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Farmingdale, NY?
Farmingdale's population is 0.8% White, 2.1% Hispanic or Latino, 6.4% Black or African American, 3.8% Asian, and 4.0% two or more races. 11.9% of residents are foreign-born.