Farmingdale vs Newark
| Farmingdale | Newark | |
|---|---|---|
| Population | 1,326 | 307,355 |
| Median Household Income | $89,327 | $52,060 |
| Median Home Value | $427,300 | $373,700 |
| Median Gross Rent | $1,648/mo | $1,392/mo |
| Homeownership Rate | 55.5% | 24.4% |
| Unemployment Rate | 11.1% | 11.6% |
| Bachelor's Degree or Higher | 38.3% | 19.7% |
| Median Age | 36.7 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.