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
Compare with nearby places
Places of similar size in New Jersey.
- Bedminster CDP 1,463
- Silver Lake CDP (Cumberland County) 1,447
- Victory Lakes CDP 1,403
- Rainbow Lakes CDP 1,376
- Pemberton borough 1,373
- Centre Grove CDP 1,371
- Chester borough 1,359
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