Farmingdale, NY Real Estate
According to census data in the year 2000 there were 3,290 housing units in Farmingdale.
This represents a 0.7% decline from 3,314 in 1990.
Of those housing units, 3,290 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Farmingdale is about 60.5%.
Farmingdale's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Farmingdale were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.30% |
| One Bedroom | 30.50% |
| Two Bedrooms | 19.50% |
| Three Bedrooms | 27.40% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $212,000 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $1,044 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 1% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 57.20% |
| Debt Free | 30.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.8% |
