Farmingdale

Population: 1,399
Median household income: $97,574
Median home value: $401,000

Farmingdale, a community in Monmouth County, New Jersey, has 1,399 residents. Its median household income of $97,574 runs below the Monmouth County figure of $122,727.

From 2019 to 2023, Farmingdale's population grew 7.7% from 1,299 to 1,399, while its median home value rose 34.6% from $298,000 to $401,000.

The typical home was built around 1972. 2.2% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 1,399
Median age: 36.5 yrs
Median household income: $97,574
Median home value: $401,000
Median gross rent: $1,548
Housing units: 594
Homeownership rate: 57.4%
Bachelor's degree or higher: 37.4%
Unemployment rate: 13.1%

Trends

ACS 5-year · 2019–2023

Population

1,2991,399

Median household income

$63,650$97,574

Median home value

$298,000$401,000

Median gross rent

$1,228$1,548

Year	Population	Median household income	Median home value	Median gross rent
2019	1,299	$63,650	$298,000	$1,228
2020	1,307	$77,917	$298,500	$1,179
2021	1,285	$85,000	$318,700	$1,319
2022	1,326	$93,523	$392,300	$1,454
2023	1,399	$97,574	$401,000	$1,548

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.4%

5 to 1715.2%

18 to 2417.3%

25 to 3412.1%

35 to 4410.7%

45 to 5416.6%

55 to 649.1%

65 to 7411.9%

75 and over3.9%

	Count	Share
Under 5	47	3.4%
5 to 17	212	15.2%
18 to 24	242	17.3%
25 to 34	169	12.1%
35 to 44	150	10.7%
45 to 54	232	16.6%
55 to 64	127	9.1%
65 to 74	166	11.9%
75 and over	54	3.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,158	82.8%
Black or African American	32	2.3%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	2	0.1%
Two or more races	52	3.7%
Hispanic or Latino (any race)	155	11.1%

Educational attainment (age 25+)

No high school diploma5.1%

High school graduate28.6%

Some college or associate's28.8%

Bachelor's degree29.6%

Graduate or professional degree7.8%

	Count	Share
No high school diploma	46	5.1%
High school graduate	257	28.6%
Some college or associate's	259	28.8%
Bachelor's degree	266	29.6%
Graduate or professional degree	70	7.8%

Commute to work

Mean travel time to work: 27 min

Drove alone82.1%

Carpooled7.7%

Public transit0.9%

Walked1.9%

Bicycle0.0%

Worked from home7.4%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	565	82.1%
Carpooled	53	7.7%
Public transit	6	0.9%
Walked	13	1.9%
Bicycle	0	0.0%
Worked from home	51	7.4%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	156	24.5%
15 to 29 min	259	40.7%
30 to 44 min	109	17.1%
45 to 59 min	69	10.8%
60+ min	44	6.9%

Households

Average household size: 2.39
Poverty rate: 2.2% (31 of 1,399)

	Count	Share
Family households	328	56.4%
Nonfamily households	254	43.6%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	582	98.0%
Vacant	12	2.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	334	57.4%
Renter-occupied	248	42.6%

1-unit, detached57.6%

1-unit, attached0.0%

2 to 4 units10.4%

5 to 19 units31.1%

20 or more units0.8%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	342	57.6%
1-unit, attached	0	0.0%
2 to 4 units	62	10.4%
5 to 19 units	185	31.1%
20 or more units	5	0.8%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3422950
Type (LSAD): 21
Land area: 0.52 sq mi
Water area: 0 sq mi
Center point: 40.1984, -74.1701