Most Expensive Larchmont Neighborhoods
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 6,111 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 95.51% 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 (17.66%), teaching (12.68%) and business and financial occupations (12.57%).
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.
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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Larchmont really has some of the features that families look for when choosing a good community to raise children. Is Larchmont perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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, however, is that residents on average have to contend with a long commute, spending on average 41.95 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.
Despite being a small village, Larchmont 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 Larchmont. 83.77% 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 Larchmont in 2010 was $88,004, which is wealthy relative to New York and the nation. This equates to an annual income of $352,016 for a family of four.
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 Irish, Italian, German, English, European and Scottish.
Larchmont also has a high percentage of its population that was born in another country: 15.81%.
The most common language spoken in Larchmont is English. Other important languages spoken here include Spanish and French.
|NUMBER OF HOMES AND APARTMENTS||2,125|
|LARCHMONT HOME OWNERSHIP|
|% OWNER OCCUPIED||73.10%|
|% RENTER OCCUPIED||26.90%|
|TYPE OF LARCHMONT HOMES|
|SINGLE FAMILY DETACHED||67.29%|
|ROWHOUSES AND ATTACHED HOMES||1.42%|
|SMALL APARTMENT BUILDINGS||4.39%|
|COMPLEXES OR HIGH RISE APARTMENTS||26.90%|
|SIZE OF LARCHMONT HOMES|
|5 OR MORE BEDROOMS||15.31%|
|AGE OF LARCHMONT HOMES|
|NEWER HOMES (2000 OR LATER)||1.38%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||4.48%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||23.84%|
|HISTORIC (1939 OR BEFORE)||70.31%|
|LARCHMONT REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,114,852|
|MEDIAN RENTAL PRICE||$2,178|
|HOME VALUE RANGE|
|$0 - $53,000||0.00%|
|$53,001 - $107,000||2.18%|
|$107,001 - $213,000||5.65%|
|$213,001 - $320,000||2.83%|
|$320,001 - $427,000||0.96%|
|$427,001 - $533,000||1.73%|
|$533,001 - $800,000||9.38%|
|$800,001 - $1,067,000||22.86%|
|PEOPLE OF LARCHMONT||DETAILS|
|UNDER 5 YEARS||8.72%|
|5 TO 17||22.35%|
|18 TO 24||4.22%|
|25 TO 34||8.06%|
|35 TO 54||33.57%|
|55 TO 64||10.45%|
|65 YEARS AND OVER||12.63%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.85%|
|MEDIAN HOUSEHOLD INCOME||$152,448|
|PER CAPITA INCOME||$88,004|
|INDIVIDUALS BELOW POVERTY LEVEL||4.44%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (21.04%)
Information Technology (6.17%)
Public Service (3.34%)
|BLACK OR AFRICAN AMERICAN||1.81%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.00%|
|TWO OR MORE RACES||5.28%|
|HISPANIC OR LATINO (OF ANY RACE)||4.55%|
|ETHNICITIES PRESENT||Irish (14.73%)
|LANGUAGES SPOKEN||English (83.53%)
Other Asian languages (1.91%)
Scandinavian languages (1.14%)
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