Farmingdale, NJ
Full City Profile · New Jersey · Monmouth County County
3.3
/5.0
B
Good
1,399
Population
2,690/sq mi density
$97,574
Median Income
$42,572 per capita
$401,000
Home Value
$793,423 Zillow
$1,548
Median Rent
37.1% income on rent
54°F
Avg Temperature
275 sunny days/yr
17
Violent Crime/100K
1,696 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$97,574 median income, 8.7% unemployment
A
Affordability
4.4 / 5.0
$401,000 home value, $1,548/mo rent
F
Safety
1.0 / 5.0
17 violent crimes/100K
B+
Education
4.0 / 5.0
37.4% bachelor's degree or higher
Income Overview
Median Household Income
$97,574
30% above
US avg: $75,149
Per Capita Income
$42,572
9% above
US avg: $39,052
Unemployment Rate
8.7%
142% above
US avg: 3.6%
Poverty Rate
1.5%
88% below
US avg: 12.4%
Income Comparison: Farmingdale vs. U.S. Average
Each bar shows Farmingdale’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$97,574
130%
Per Capita
US: $39,052
$42,572
109%
IRS Avg AGI
US: $72,000
$138,949
193%
Avg Weekly Wage
US: $1,432
$1,357
95%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,357
5% below US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
7.4%
51% below US avg (15.2%)
Drive Alone
82.1%
12% above US avg (73.2%)
Public Transit
0.9%
83% below US avg (5.0%)
County GDP
$52,693M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82.1%
Public Transit
0.9%
Work From Home
7.4%
Other
9.6%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
21,968
Restaurants
1,925
Healthcare
2,730
Retail
2,557
Manufacturing
419
Tax & Financial
IRS Avg Adjusted Gross Income
$138,949
93% above US avg ($72,000)
Avg Property Tax
$12,205
249% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $97,574 |
| Per Capita Income | $42,572 |
| IRS Avg Adjusted Gross Income | $138,949 |
| Avg Weekly Wage | $1,357 |
| County GDP | $52,693M |
Hardship Indicators
| Unemployment Rate | 8.7% |
| Poverty Rate | 1.5% |
| Gini Coefficient | 0.477 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 82.1% |
| Public Transit | 0.9% |
| Work From Home | 7.4% |
Businesses
| Total Establishments | 21,968 |
| Restaurants | 1,925 |
| Healthcare | 2,730 |
| Retail | 2,557 |
| Manufacturing | 419 |
Tax
| IRS Avg AGI | $138,949 |
| Avg Property Tax | $12,205 |
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