Palisades is a very small town located in the state of New York. With a population of 3,889 people and just one neighborhood, Palisades is the 387th largest community in New York.
Real Estate Prices
Palisades home prices are not only among the most expensive in New York, but Palisades real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Palisades is a decidedly white-collar town, with fully 90.52% of the workforce employed in white-collar jobs, well above the national average. Overall, Palisades is a town of sales and office workers, professionals and managers. There are especially a lot of people living in Palisades who work in office and administrative support (18.72%), management occupations (13.25%) and healthcare (12.90%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.99% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Setting & Lifestyle
In addition, Palisades 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.
Overall, Palisades’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
One downside of living in Palisades is that it can take a long time to commute to work. In Palisades, the average commute to work is 33.14 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Even though Palisades is a smaller town, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.