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Real Estate Prices & Overview

Town Center / Carmel Hills median real estate price is $552,508, which is more expensive than 45.4% of the neighborhoods in New York and 73.7% of the neighborhoods in the U.S.

The average rental price in Town Center / Carmel Hills is currently $1,921, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.0% of New York neighborhoods.

Town Center / Carmel Hills is a rural neighborhood (based on population density) located in Carmel, New York.

Town Center / Carmel Hills real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center / Carmel Hills neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Town Center / Carmel Hills, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.5% of all neighborhoods in the U.S. This means that the housing supply in Town Center / Carmel Hills is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Of note is NeighborhoodScout's research finding that the Town Center / Carmel Hills neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Town Center / Carmel Hills community truly stands out from the rest in this regard.

In addition, if you are planning to retire in New York, this neighborhood should be on your must-see list. For many reasons, Town Center / Carmel Hills may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New York, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.9% of neighborhoods in NY. If a New York retirement is in your future, this neighborhood should be one of the places you visit.

Also, there is an especially high percentage of incarcerated people (1.4%) living in the Town Center / Carmel Hills neighborhood.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Town Center / Carmel Hills neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Town Center / Carmel Hills neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.1% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.2% of all neighborhoods in America.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Town Center / Carmel Hills neighborhood could be your paradise. With 26.7% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.0% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Modes of Transportation

In the Town Center / Carmel Hills neighborhood, 9.9% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.0% of the neighborhoods in America.

Diversity

Did you know that the Town Center / Carmel Hills neighborhood has more Italian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.4% of this neighborhood's residents have Italian ancestry and 3.8% have Dominican ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Town Center / Carmel Hills neighborhood in Carmel are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Town Center / Carmel Hills neighborhood, 45.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.2%), and 7.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Town Center / Carmel Hills neighborhood is English, spoken by 84.2% of households. Some people also speak Spanish (7.5%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Town Center / Carmel Hills neighborhood in Carmel, NY, residents most commonly identify their ethnicity or ancestry as Italian (32.4%). There are also a number of people of Irish ancestry (17.8%), and residents who report German roots (15.7%), and some of the residents are also of Polish ancestry (4.7%), along with some Dominican ancestry residents (3.8%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Town Center / Carmel Hills neighborhood spend between 45 minutes and one hour commuting one-way to work (33.9% of working residents), longer and tougher than most commutes in America.

Here most residents (82.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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