Armonk is a very small town located in the state of New York. With a population of 4,495 people and two constituent neighborhoods, Armonk is the 355th largest community in New York. Armonk has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Armonk, where the median household income is $218,175.00.
Armonk home prices are not only among the most expensive in New York, but Armonk real estate also consistently ranks among the most expensive in America.
A relatively large number of people in Armonk telecommute to their jobs. Overall, about 16.93% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Armonk is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Armonk’s overall crime rate is lower than average for the country.
One downside of living in Armonk is that it can take a long time to commute to work. In Armonk, the average commute to work is 37.56 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Despite being a small town, Armonk has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Armonk. 78.16% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Armonk in 2018 was $101,366, which is wealthy relative to New York and the nation. This equates to an annual income of $405,464 for a family of four.
Armonk is a very ethnically-diverse town. The people who call Armonk home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Armonk residents report their race to be White, followed by Asian. Armonk also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.87% of the town’s residents. Important ancestries of people in Armonk include Italian, Irish, Russian, German, and Polish.
Armonk also has a high percentage of its population that was born in another country: 18.43%.
The most common language spoken in Armonk is English. Other important languages spoken here include Spanish and Italian.