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The total population of Farnham is estimated to be 424 with 234 males (55.19%) and 190 females (44.81%). There are 44 less females than males in Farnham.
The median household income in Farnham was $48,255 in 2021, which marked an a decrease of 12,651(20.77%) from $60,906 in 2020. This income is 64.68% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Farnham sees its highest median household income among householders in the age group of 25 to 44 years old, at $159,618. Overall, the median household income for the village of Farnham stands at $48,255.
In Farnham, the median income for all workers aged 15 years and older, regardless of work hours, was $40,399 for males and $20,636 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,072 for males and $41,885 for females.
In Farnham, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $74,313, while White households have a median household income of $48,448.
In 2022, the population of Farnham was 365, a 0.54% decrease year-by-year from 2021. Previously, in 2021, Farnham's population was 367, an increase of 0.27% compared to a population of 366 in 2020.
The median age in Farnham, NY is 42.0, as per 2021 ACS 5-Year Estimates. Of the total population, 18.60% were under the age of 15, 20.66% aged 15 to 29, 47.52% aged 30 to 64, 10.74% aged 65 to 84, and 2.48% were 85 years of age and older.
Racial distribution of Farnham population: 92.15% are White, 0.62% are Black or African American, 4.13% are American Indian and Alaska Native and 3.10% are multiracial.