What is the median household income in Farmingdale, ME?
The median household income in Farmingdale, ME is $71,635 (±$14,675) a year (2020–2024 American Community Survey).
Paying the median gross rent of $911 a month would take about $36,400 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $71,635 (±$14,675)
- Median renter income
- $48,942 (±$29,657)
- Income to afford median rent
- about $36,400
Income in Farmingdale against Kennebec County, its state and the nation
| Farmingdale | Kennebec County | Maine | United States | |
|---|---|---|---|---|
| Median household income | $71,635 (±$14,675) | $69,077 (±$2,603) | $74,733 (±$795) | $80,734 |
| Median renter household income | $48,942 (±$29,657) | $38,133 (±$3,207) | $44,257 (±$1,278) | $52,966 |
| Median owner household income | $80,694 (±$14,260) | $83,629 (±$3,556) | $88,635 (±$995) | $100,009 |
| Median gross rent | $911 (±$192) | $992 (±$43) | $1,139 (±$13) | $1,413 |
In Farmingdale, median household income is not measurably different from Kennebec County ($69,077).
It is not measurably different from Maine ($74,733).
It is not measurably different from the national figure ($80,734).
In Kennebec County, Farmingdale ranks 19 of 29 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 193 of 468.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Farmingdale
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $911 a month ($10,932 a year) needs an income of about $36,400 a year.
The median renting household in Farmingdale earns $48,942 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $759 (±$151) | $911 (±$192) | +20.0% | No measurable change after inflation |
| Median home value | $159,600 (±$18,033) | $249,700 (±$46,359) | +56.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Farmingdale
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Farmingdale | — | $71,635 (±$14,675) | — |
| Hallowell | 1.9 mi | $68,398 (±$9,751) | Not measurably different |
| West Gardiner | 3.4 mi | $96,172 (±$30,262) | Not measurably different |
| Randolph (community) | 4.1 mi | $66,574 (±$15,734) | Not measurably different |
| Randolph | 4.1 mi | $66,574 (±$15,734) | Not measurably different |
| Gardiner | 4.8 mi | $71,782 (±$10,317) | Not measurably different |
| Chelsea | 4.8 mi | $85,471 (±$10,045) | Not measurably different |
| Manchester | 5.9 mi | $92,031 (±$15,733) | Not measurably different |
| Augusta | 6.9 mi | $47,979 (±$3,432) | Lower |
Nearby places with a measurably lower figure: Augusta, ME ($47,979).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Kennebec County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 13 | Rome | $77,639 (±$24,770) |
| 14 | Vienna | $75,481 (±$20,446) |
| 15 | Monmouth | $74,648 (±$18,044) |
| 16 | Mount Vernon | $74,395 (±$6,347) |
| 17 | Vassalboro | $72,300 (±$6,941) |
| 18 | Gardiner | $71,782 (±$10,317) |
| 19 | Farmingdale | $71,635 (±$14,675) |
| 20 | Clinton | $71,458 (±$39,131) |
| 21 | Winslow | $70,917 (±$9,184) |
| 22 | Hallowell | $68,398 (±$9,751) |
| 23 | Randolph | $66,574 (±$15,734) |
| 24 | Windsor | $63,178 (±$5,189) |
| 25 | Albion | $62,361 (±$22,999) |
Showing 13 of 29 places in Kennebec County, ranked from highest to lowest.
The figures for Farmingdale include the places inside it that have pages of their own: Farmingdale (community).
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Farmingdale
What is the median household income in Farmingdale?
The median household income in Farmingdale is $71,635 (±$14,675) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Farmingdale?
About $36,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $911 a month.
What do renters earn in Farmingdale?
The median renting household in Farmingdale, ME earns $48,942 (±$29,657) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Farmingdale town, Kennebec County, Maine
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Farmingdale town, Kennebec County, Maine (county subdivision:24670, in state:23 county:011).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Farmingdale at a glance
- Median rent in Farmingdale
- Rent by bedrooms in Farmingdale
- Rent burden in Farmingdale
- Renters and owners in Farmingdale
- Home values in Farmingdale
- Homeowner costs in Farmingdale
- Property taxes in Farmingdale
- Types of homes in Farmingdale
- Bedrooms in Farmingdale
- Age of homes in Farmingdale
- Heating fuel in Farmingdale
- Commute and cars in Farmingdale
- Population growth in Farmingdale
- How long people stay in Farmingdale
- Maine landlord and tenant rules
- Housing across Kennebec County
- Maine places ranked by median household income
- Housing data for every place in Maine