2025 Compare Cities Economy:
Monroe, NC vs Farmingdale, NY

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Highlights
- Household income in Farmingdale, is 100% more than it is in Monroe and is 41% above the National Average.
- Monroe unemployment rate is 5.3%.
- Farmingdale unemployment rate is 5.9%.
 Monroe, NCFarmingdale, NYUnited States
 Unemployment Rate  Unlock5.9%6.0%
 Recent Job Growth  Unlock0.9%1.6%
 Future Job Growth41.6%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock6.2%4.6%
 Income per Cap.$25,484  Unlock$37,638
 Household Income  Unlock$116,103$69,021
 Family Median Income$70,475  Unlock$85,028
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 Est. Households By Income
 Monroe, NCFarmingdale, NYUnited States
 Income Less Than 15K  Unlock6.5%9.4%
 Income between 15K and 20K3.2%  Unlock3.8%
 Income between 20K and 30K  Unlock5.9%8.1%
 Income between 30K and 40K13.3%  Unlock8.0%
 Income between 40K and 50K  Unlock2.4%7.6%
 Income between 50K and 60K6.7%  Unlock7.2%
 Income between 60K and 75K  Unlock6.4%9.6%
 Income between 75K and 100K16.7%  Unlock12.8%
 Income between 100K and 150K  Unlock17.7%16.3%
 Income between 150K and 200K5.7%  Unlock7.8%
 Income greater than 200K  Unlock21.1%9.5%
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 Population By Occupation
 Monroe, NCFarmingdale, NYUnited States
 Management, business, finance11.5%  Unlock16.4%
 Engineering, computers, science  Unlock7.9%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library3.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.0%2.0%
 Healthcare practitioners and technology3.6%  Unlock6.2%
 Healthcare support  Unlock3.0%3.3%
 Firefighters, law enforcement0.8%  Unlock2.1%
 Food preparation, serving  Unlock4.2%5.4%
 Building maintenance4.2%  Unlock3.6%
 Personal care  Unlock1.7%2.6%
 Sales, office, administrative support22.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair14.6%  Unlock8.1%
 Production, transportation, material moving  Unlock4.8%13.1%
Reviews for Monroe    5 Reviews

Moved to Monroe approx 6 years ago. It has been one excuse after the other for the high incidence of assault and battery as well as property crime. The mayor and city  More

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I have lived in Monroe since 2015. I have been welcomed by my neighbors and the community. Monroe is rapidly growning. The downtown area is family friendly and has added  More

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I’m so glad to be moving away from this little Charlotte wanna be Town run by rednecks! I’ve been here for 15 years and have been stopped by Sheriff’s about 8 times!  More

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Reviews for Farmingdale    3 Reviews

Over 8 years ago

Town great, centerally located to all parkways and shopping. Town up and coming with new places to live & eat. Sports oriented town! Great place to live  More

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Over 15 years ago

none  More

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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  More

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