Quick facts: Farmingville, NY

Quick Facts

113.7
Cost of Living
above US average
16,889
Population
7.28
Crime Rate per 1000
below US average
$128,302
Median Income
above US average
$699,000
Median House Price
above US average
$3334.23
Average Rent
above US average
4%
Poverty Rate
below US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $128,302.

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Income Needed to Buy

βœ— Stretch
$219k/year
Based on $699,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $219k vs median $128,302
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Income Needed to Rent

⚠ Stretch
$143k/year
Based on $3334.23/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $143k vs median $128,302
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Farmingville, NY

Farmingville is a suburban hamlet located in Suffolk County, New York, within the town of Brookhaven. Situated on Long Island, it offers a mix of residential neighborhoods, parks, and local amenities that cater to families and individuals alike. The area is known for its community-focused environment, with a range of recreational opportunities provided by nearby parks such as the large Pine Barrens and the nature-centered parks that are excellent for outdoor activities. Farmingville has a diverse population and is characterized by its family-friendly atmosphere, good schools, and accessibility to larger urban centers. The hamlet is conveniently located close to major highways, making commuting to nearby cities like Centereach, Patchogue, and even New York City relatively easy. The local economy is supported by a variety of businesses, including retail shops, restaurants, and service providers. The community frequently hosts events and activities that promote neighborly bonds and cultural experiences. Overall, Farmingville offers a blend of quiet suburban life, natural beauty, and community engagement, making it an attractive place to live and visit.

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