Larchmont, NY
REAL ESTATE & DEMOGRAPHIC DATA



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Larchmont profile


Living in Larchmont


Larchmont is a somewhat small coastal village (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 6,069 people and three constituent neighborhoods, Larchmont is the 282nd largest community in New York. Larchmont has an unusually large stock of pre-World War II architecture, making it one of the older and more historic villages.

Larchmont home prices are not only among the most expensive in New York, but Larchmont real estate also consistently ranks among the most expensive in America.

Larchmont is a decidedly white-collar village, with fully 97.61% of the workforce employed in white-collar jobs, well above the national average. Overall, Larchmont is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Larchmont who work in management occupations (18.73%), business and financial occupations (15.72%), and sales jobs (12.58%).

Of important note, Larchmont is also a village of artists. Larchmont has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Larchmont’s character.

Also of interest is that Larchmont has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 10.37% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

In addition, Larchmont is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Because of many things, Larchmont is a great place for families with children to consider. First of all, many other families with children live here, making Larchmont a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Larchmont has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Larchmont’s overall crime rate is lower than average for the country.

Larchmont is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

One downside of living in Larchmont, however, is that residents on average have to contend with a long commute, spending on average 39.60 minutes every day commuting to work. It is, however, a pedestrian-friendly village. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

Even though Larchmont is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.

Do you like to read, write and learn? If you move to Larchmont, you'll likely find that many of your neighbors like to as well. Larchmont is one of the more educated communities in America, with a full 84.44% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Larchmont in 2010 was $109,030, which is wealthy relative to New York and the nation. This equates to an annual income of $436,120 for a family of four.

Larchmont is a somewhat ethnically-diverse village. The people who call Larchmont home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Larchmont residents report their race to be White, followed by Asian. Important ancestries of people in Larchmont include Italian, German, Irish, English, and Russian.

Foreign born people are also an important part of Larchmont's cultural character, accounting for 15.17% of the village’s population.

The most common language spoken in Larchmont is English. Other important languages spoken here include French and Spanish.