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. Much of the housing stock in Larchmont was built prior to World War II, making it one of the older and more historic villages in the country.
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 97.19% 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 (18.40%), business and financial occupations (14.29%), and sales jobs (10.20%).
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.
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.
A relatively large number of people in Larchmont telecommute to their jobs. Overall, about 9.66% 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.
In addition, Larchmont is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Larchmont 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 village’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, 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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
One downside of living in Larchmont is that it can take a long time to commute to work. In Larchmont, the average commute to work is 42.24 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly village. Many of Larchmont’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
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.
If knowledge is power, Larchmont is a pretty powerful place. 87.99% of the adults in Larchmont have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Larchmont in 2010 was $107,512, which is wealthy relative to New York and the nation. This equates to an annual income of $430,048 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. Larchmont also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.21% of the village’s residents. Important ancestries of people in Larchmont include Italian, Irish, English, German, and Scottish.
Foreign born people are also an important part of Larchmont's cultural character, accounting for 15.51% of the village’s population.
The most common language spoken in Larchmont is English. Other important languages spoken here include Spanish and French.