Median Income
$68,750
household / year
Median Home Value
$124,800
owner-occupied
Median Rent
$921
gross / month
Cost of Living
94
national avg = 100

Is Farnham, NY a Good Place to Live?

Farnham is a small town of 424 in New York, with a median household income of $68,750 and a 9.1% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Farnham stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Farnham is right for you depends on your priorities — the full breakdown is below.

All Farnham city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 94.4

Farnham's overall cost of living index is 94.4, where 100 represents the US national average. Living in Farnham costs roughly 6% less than the average American city.

Metric Farnham, NY National Avg
Median Home Value $124,800 $244,900
Median Monthly Rent $921 $1,163
Homeownership Rate 75.9% 65.9%
Median Household Income $68,750 $74,755

Crime & Safety

Safer than Average

Farnham's violent crime rate is 238.6 per 100,000 residents — 37% lower than the national average of ~380 per 100,000.

Violent Crime
238.6 /100k
Property Crime
1352.1 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Farnham, NY National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 17.2% 35.4%
High School Diploma or Higher 86.6% 91.1%

Weather & Climate

Farnham sees average highs of 31.0°F in January and 78.7°F in July, with 42.9 inches of annual precipitation and 208.3 inches of snow per year.

MetricFarnham, NY
Average High — January31.0°F
Average High — July78.7°F
Annual Precipitation42.9"
Annual Snowfall208.3"

Demographics

MetricFarnham, NYNational Avg
Population424—
Median Age44.038.9
Unemployment Rate9.1%3.7%
Avg Commute Time28.7 min26 min
White (non-Hispanic)88.0%59.3%
Black or African American0.9%13.6%
Hispanic or Latino1.4%18.9%
Asian0.0%6.3%
Under 1816.7%22.2%
65 and over16.5%16.8%

Nearby Cities

ZIP Codes in Farnham

Farnham, NY is covered by 2 ZIP codes:

Farnham vs Other Cities

Frequently Asked Questions

Farnham's cost of living index is 94, where 100 is the national average. That makes Farnham roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $124,800 and median rent is $921/month.
Farnham's violent crime rate is 238.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1352.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Farnham, NY has a population of 424, a median household income of $68,750, and an unemployment rate of 9.1%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Farnham averages 31.0°F in January and 78.7°F in July. Annual rainfall is 42.9 inches with about 208.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Farnham, NY is covered by 2 ZIP codes: 14081, 14061.
The population of Farnham, New York is 424 with a median age of 44.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Farnham: cost of living index 94 (100 = US average), median home $124,800, median household income $68,750, crime index 63 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Farnham side by side with your current city to see the trade-offs.