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Farnham, NY

Full City Profile · New York · Chautauqua County County

3.1 /5.0
B Good
398 Population 329/sq mi density
$75,938 Median Income $32,101 per capita
$124,000 Home Value $210,346 Zillow
$1,087 Median Rent 51.0% income on rent
47°F Avg Temperature 259 sunny days/yr
358 Violent Crime/100K 1,963 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$75,938 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$124,000 home value, $1,087/mo rent
F
Safety
1.0 / 5.0
358 violent crimes/100K
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher

Income Overview

Median Household Income
$75,938
1% above
US avg: $75,149
Per Capita Income
$32,101
18% below
US avg: $39,052
Unemployment Rate
5.1%
42% above
US avg: 3.6%
Poverty Rate
5.1%
59% below
US avg: 12.4%

Income Comparison: Farnham vs. U.S. Average

Each bar shows Farnham’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$75,938
101%
Per Capita
US: $39,052
$32,101
82%
IRS Avg AGI
US: $72,000
$58,667
81%
Avg Weekly Wage
US: $1,432
$1,018
71%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,018
29% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
3.8%
75% below US avg (15.2%)
Drive Alone
81.5%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,275M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.5%
Public Transit 0%
Work From Home 3.8%
Other 14.7%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,224
Restaurants
330
Healthcare
255
Retail
443
Manufacturing
176

Tax & Financial

IRS Avg Adjusted Gross Income
$58,667
19% below US avg ($72,000)
Avg Property Tax
$7,210
106% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$75,938
Per Capita Income$32,101
IRS Avg Adjusted Gross Income$58,667
Avg Weekly Wage$1,018
County GDP$6,275M

Hardship Indicators

Unemployment Rate5.1%
Poverty Rate5.1%
Gini Coefficient0.448
Cost of Living Index107.9

Commute

Mean Commute28 minutes
Drive Alone81.5%
Public Transit0.0%
Work From Home3.8%

Businesses

Total Establishments3,224
Restaurants330
Healthcare255
Retail443
Manufacturing176

Tax

IRS Avg AGI$58,667
Avg Property Tax$7,210