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 6,087 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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

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.

One of the nice things about Larchmont is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy 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.

If knowledge is power, Larchmont is a pretty powerful place. 84.44% 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 2018 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.

Larchmont also has a high percentage of its population that was born in another country: 15.17%.

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