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ZipNumbers

New Jersey · Census place 22950

Farmingdale borough, NJ

Quick answer

Farmingdale borough has 1,399 residents, ranking #518 of 700 places in New Jersey. Median household income is $97,574, the median home is worth $401,000 and median gross rent runs $1,548 a month.

Population
1,399Farmingdale borough residents
Median household income
$97,574Past 12 months, inflation adjusted
Median home value
$401,000Owner-occupied units
Median gross rent
$1,548Rent plus utilities, monthly
Median age
36.5 yrsAll residents
Homeownership rate
57.4%Owner-occupied households

What the numbers mean in Farmingdale borough

Housing cost measured against local earnings.

A household earning the Farmingdale borough median would spend about 19% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.2% of residents and 57.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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