Living in Farmingdale, Maine
Cost of living, income, home prices, rent and demographics of Farmingdale · Census data 2020–2024
Farmingdale has 3,017 residents with a median age of 45.8. The median household income is $71,635 (4% lower than the Maine median), the median home value is $249,700, the median rent is $911/month.
Farmingdale at a glance
- Population
- 3,017
- Median age
- 45.8State: 44.8
- Median household income
- $71,635State: $74,733
- Median home value
- $249,700State: $296,600
- Median rent
- $911/moState: $1,139
- Homeowners
- 65.6%
- Bachelor's degree or higher
- 47.2%
- Average commute
- 27 min
Is Farmingdale a good place to live?
Pros: Home values 16% lower than the state median.
Cons: Median household income 4% lower than the Maine median; an average commute of 27 minutes; unemployment of 4.9%; a poverty rate of 13.8%.
The weather is best in June to September.
Cost of living in Farmingdale
Housing is the biggest part of the cost of living. In Farmingdale the median home value is $249,700, 25% lower than the U.S. median. Renters pay a median of $911 per month, which is 34.4% of household income. Homeowners with a mortgage pay $1,814 a month in housing costs.
Farmingdale median household income
The median household income in Farmingdale is $71,635 and the income per person is $43,816. 13.8% of residents live below the poverty line (Maine: 10.7%).
Housing in Farmingdale: homes for sale and rent
- Housing units
- 1,513
- Owner-occupied
- 65.6%
- Renter-occupied
- 34.4%
- Vacant
- 4.9%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.06
Farmingdale demographics
- Population
- 3,017
- Median age
- 45.8
- Under 18
- 21.3%
- 65 and older
- 22.8%
- Households
- 1,439
- Foreign-born
- 2.2%
- Veterans
- 13.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Farmingdale ›
Education in Farmingdale
47.2% of adults 25 and older in Farmingdale have a bachelor's degree or higher (Maine: 36.2%), and 16.5% have a graduate or professional degree.
Jobs and commute in Farmingdale
- Unemployment rate
- 4.9%State: 3.8%
- Average commute
- 27 minState: 25 min
- Work from home
- 28.4%
- Drive alone
- 66.5%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 85.8%
Farmingdale vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Farmingdale | 3,017 | $71,635 | $249,700 | $911 |
| Hallowell | 2,592 | $68,398 | $295,300 | $890 |
| West Gardiner | 3,696 | $96,172 | $305,100 | $1,087 |
| Randolph | 1,610 | $66,574 | $174,300 | $1,186 |
| Gardiner | 6,088 | $71,782 | $221,600 | $1,113 |
| Chelsea | 2,823 | $85,471 | $182,300 | $1,373 |
| Manchester | 2,424 | $92,031 | $299,600 | $993 |
| Augusta | 19,077 | $47,979 | $201,000 | $919 |
| Winthrop | 6,191 | $86,470 | $294,800 | $892 |
More for people moving to Farmingdale
Farmingdale ZIP code ›Weather and climate ›Living in Farmingdale: FAQ
What is the median household income in Farmingdale, ME?
The median household income in Farmingdale is $71,635, 4% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Farmingdale?
The median home value in Farmingdale is $249,700, compared with $296,600 in Maine.
How much is rent in Farmingdale?
The median gross rent in Farmingdale is $911 per month, about 34.4% of household income.
Is Farmingdale, ME a good place to live?
Pluses: home values 16% lower than the state median. Minuses: median household income 4% lower than the Maine median; an average commute of 27 minutes; unemployment of 4.9%; a poverty rate of 13.8%.
What is the median age in Farmingdale?
The median age in Farmingdale is 45.8 years (Maine: 44.8).
How long is the commute in Farmingdale?
The average commute to work in Farmingdale is 27 minutes; 28.4% of workers work from home.
What is the unemployment rate in Farmingdale?
The unemployment rate in Farmingdale is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farmingdale?
47.2% of adults in Farmingdale have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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