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Farmingdale, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Farmingdale, New Jersey had a total population of 1,449, the 516th largest borough in New Jersey, with a median household income of $89,327, which is 14% lower than the state average. The poverty rate is 5.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Farmingdale Quick Facts

Population 1,449
Median Household Income $89,327
Median Home Value $427,300
Poverty Rate 5.7%
Unemployment Rate 11.2%
Median Age 36.7 years
Homeownership Rate 55.5%
Affordability Ratio 4.8x
Bachelor's Degree or Higher 38.3%
High School Graduation Rate 96.4%
Diversity Index 28/100
Population 1,449 516th of 700
Median Income $89,327 bottom 30%
Poverty Rate 5.7% 55% lower than national
Median Home Value $427,300 average

How Farmingdale Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,3991,449+3.6%
Median household income$97,574$89,327-8.5%
Median home value$401,000$427,300+6.6%

How Farmingdale Compares

Economy & Housing

Household Income Distribution

Under $25K 13.8%
$25K-$50K 9.8%
$50K-$100K 29.4%
$100K+ 47.0%
Detailed income brackets
Under $10K
5.3%
$10K-$15K
0.0%
$15K-$20K
3.2%
$20K-$25K
5.3%
$25K-$30K
3.4%
$30K-$35K
2.5%
$35K-$40K
2.7%
$40K-$45K
1.2%
$45K-$50K
0.0%
$50K-$60K
1.2%
$60K-$75K
21.4%
$75K-$100K
6.8%
$100K-$125K
18.5%
$125K-$150K
5.8%
$150K-$200K
11.9%
$200K+
10.9%

Employment

11.2% Unemployment Rate State: 6.3%|National: 5.2%
62.9% Labor Force Participation

Housing Overview

Owner 55.5%
Renter 44.5%
Affordability Index Moderate
4.8x home value to income ratio
Median gross rent $1,648/mo 22.1% of median household income annually

People & Demographics

Diversity Index

28out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 66 | National average: 61

Education

Farmingdale Rankings in New Jersey

#516 Population of 700
#470 Median Income of 662
#389 Education of 699
#341 Home Value of 678

Other Cities in Monmouth County

CityPopulationMedian IncomePovertyHome Value
Long Branch 32,530 $79,653 15.5% $574,000
Tinton Falls 19,361 $117,308 6.8% $478,000
Asbury Park 15,295 $75,544 21.9% $581,100
West Freehold 14,883 $130,800 4.0% $529,000
Eatontown 13,575 $90,463 4.4% $492,400
Red Bank 12,862 $97,477 8.7% $504,900
Freehold 12,507 $85,707 14.3% $416,800
Robertsville 12,035 $210,661 2.6% $685,100
Keansburg 9,719 $81,428 10.7% $311,800
Matawan 9,710 $123,354 10.5% $467,800

Cities Similar to Farmingdale

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Chesilhurst1,409$91,683$225,30013.8%10.4%
Kean University1,362N/AN/A33.3%N/A
East Vineland1,429$99,954$301,90021.9%6.8%
Rainbow Lakes1,375$93,051$481,80052.4%7.1%
Beesleys Point1,335N/A$339,80057.7%2.0%

Population Overview

Farmingdale is a small community located in New Jersey, within Monmouth County. The total population is 1,449. It ranks as the 516th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Farmingdale is 36.7 years. This is 8% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Farmingdale is $89,327. This is 14% lower than the state median of $103,556. It is also 11% higher than the national median of $80,734. The poverty rate stands at 5.7%. This is 42% lower than the state poverty rate of 9.7%. The unemployment rate is 11.2%. This is 77% higher than the state rate of 6.3%. The median home value is $427,300. Housing costs are 6% lower than the state median of $454,400. The home-value-to-income ratio is 4.8x. 55.5% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Farmingdale is White (non-Hispanic), making up 84.3% of the population. Hispanic or Latino residents account for 9.9%. The White (non-Hispanic) population is significantly higher than the state average (84.3% vs 50.9%). The Black or African American population (2.3%) is well below the state average of 12.2%. The Hispanic or Latino population (9.9%) is well below the state average of 22.5%. The Asian population (0.4%) is well below the state average of 10.1%.

Education

38.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 12% lower than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%.

Data Sources & Methodology

All demographic data for Farmingdale, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Farmingdale, New Jersey?

Farmingdale, New Jersey has a population of 1,449 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Farmingdale, NJ?

The median household income in Farmingdale is $89,327, which is 11% higher than the national median of $80,734.

What is the poverty rate in Farmingdale, NJ?

The poverty rate in Farmingdale is 5.7%. This means approximately 82 residents live below the federal poverty line.

What is the racial makeup of Farmingdale, New Jersey?

Farmingdale's population is 84.3% White, 2.3% Black, 9.9% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Farmingdale, NJ?

The median home value in Farmingdale is $427,300. The home-value-to-income ratio is 4.8x.

How educated is Farmingdale, New Jersey?

38.3% of adults (25+) in Farmingdale hold a bachelor's degree or higher, and 7.8% hold a graduate or professional degree.