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Farmingdale borough, New Jersey Demographics & Population 2026

As of 2026, Farmingdale borough, New Jersey has a total population of 1,399, the 518th largest city in New Jersey, with a median household income of $97,574, which is 3% lower than the state average. The poverty rate is 2.2%.

Key Takeaways

Farmingdale borough Quick Facts

Population 1,399
Median Household Income $97,574
Median Home Value $401,000
Poverty Rate 2.2%
Unemployment Rate 13.1%
Median Age 36.5 years
Homeownership Rate 57.4%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 37.4%
High School Graduation Rate 94.9%
Diversity Index 30/100
Population 1,399 518th of 700
Median Income $97,574 below average
Poverty Rate 2.2% 82% lower national
Median Home Value $401,000 average

How Farmingdale borough Compares

Economy & Housing

Employment

13.1% Unemployment Rate State: 6.2% | National: 5.2%
66.2% Labor Force Participation

Housing Overview

Owner 57.4%
Renter 42.6%
Affordability Index Moderate
4.1x home value to income ratio

People & Demographics

Diversity Index

30out of 100
Low Diversity

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

State average: 65 | National average: 60

Education

Farmingdale borough Rankings in New Jersey

#518 Population of 700
#407 Median Income of 700
#400 Education of 700
#334 Home Value of 700

Other Cities in Monmouth County

CityPopulationMedian IncomePovertyHome Value
Long Branch city 32,184 $73,381 16.2% $519,000
Tinton Falls borough 19,252 $113,844 8.6% $458,300
Asbury Park city 15,239 $71,080 18.8% $508,800
Eatontown borough 13,537 $90,174 5.8% $454,300
Red Bank borough 12,864 $101,738 8.9% $477,000
Freehold borough 12,504 $82,183 14.3% $401,900
Keansburg borough 9,729 $87,484 11.4% $274,500
Matawan borough 9,636 $122,026 10.1% $447,000
West Long Branch borough 8,576 $123,661 2.8% $631,300
Rumson borough 7,265 $250,001 3.2% $1,609,400

Cities Similar to Farmingdale borough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Victory Lakes CDP1,403$97,273$228,00027.9%11.9%
Kean University CDP1,359N/AN/A87.5%N/A
Centre Grove CDP1,371$104,028$209,30031.6%4.9%
Beesleys Point CDP1,476N/A$299,80058.3%1.4%
East Vineland CDP1,475$98,231$229,50011.2%7.3%

Population Overview

Farmingdale borough is a small community located in New Jersey, within Monmouth County. The total population is 1,399. It ranks as the 518th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Farmingdale borough is 36.5 years. This is 9% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Farmingdale borough is $97,574. This is 3% lower than the state median of $101,050. Compared to the national median of $78,538, household income here is 24% higher. The poverty rate stands at 2.2%. This is 77% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 13.1%. This is 113% higher than the state rate of 6.2%. The median home value is $401,000. Housing costs are 6% lower than the state median of $427,600. The home-value-to-income ratio is 4.1x. 57.4% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Farmingdale borough is White (non-Hispanic), making up 82.8% of the population. Hispanic or Latino residents account for 11.1%. The White (non-Hispanic) population is significantly higher than the state average (82.8% vs 51.9%). The Black or African American population (2.3%) is well below the state average of 12.3%.

Education

37.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% lower than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.9%.

Data Sources & Methodology

All demographic data for Farmingdale borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Farmingdale borough, New Jersey?

Farmingdale borough, New Jersey has a population of 1,399 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Farmingdale borough, NJ?

The median household income in Farmingdale borough is $97,574, which is 24% higher the national median of $78,538.

What is the poverty rate in Farmingdale borough, NJ?

The poverty rate in Farmingdale borough is 2.2%. This means approximately 31 residents live below the federal poverty line.

What is the racial makeup of Farmingdale borough, New Jersey?

Farmingdale borough's population is 82.8% White, 2.3% Black, 11.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Farmingdale borough, NJ?

The median home value in Farmingdale borough is $401,000. The home-value-to-income ratio is 4.1x.

How educated is Farmingdale borough, New Jersey?

37.4% of adults (25+) in Farmingdale borough hold a bachelor's degree or higher, and 7.8% hold a graduate or professional degree.