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Economy in Farmingdale, New York

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFarmingdale, NYUnited States
Unemployment Rate6.60%9.10%
Recent Job Growth-0.85%-0.12%
Future Job Growth31.70%31.25%
Sales Taxes8.63%6.80%
Income Taxes6.85%6.25%
Income per Cap.$37,339$27,067
Household Income$77,562$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.25%12.10%
Income between 15K and 25K5.39%10.18%
Income between 25K and 35K4.79%10.56%
Income between 35K and 50K9.40%14.98%
Income between 50K and 75K21.73%19.53%
Income between 75K and 100K16.40%12.52%
Income between 100K and 150K17.44%12.14%
Income between 150K and 250K10.72%3.91%
Income between 250K and 500K6.09%3.34%
Income greater than 500K0.79%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.78%13.81%
Professional and Related Occupations22.76%22.68%
Service14.85%14.51%
Sales and Office28.01%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance8.81%9.37%
Production, Transportation, and Material Moving11.75%15.86%
Median Household Income

The unemployment rate in Farmingdale, NY, is 6.60%, with job growth of -0.85%. Future job growth over the next ten years is predicted to be 31.70%.

Farmingdale, NY Taxes

Farmingdale, NY,sales tax rate is 8.63%. Income tax is 6.85%.

Farmingdale, NY Income and Salaries

The income per capita is $37,339, which includes all adults and children. The median household income is $77,562.


Farmingdale Economy SperlingViews

n/a: none... (read more)Farmingdale - A pleasant residential small town.: I don't really know too much about the cost of living here. I am renting a 3-bedroom house for $2400/month. This is a residential area of neat homes and a business area... (read more)Have an opinion about Farmingdale? Leave a commentTo See All SperlingViews for Farmingdale Click Here