Most Expensive Scarsdale Neighborhoods
Scarsdale is a medium-sized village located in the state of New York. With a population of 17,729 people and eight constituent neighborhoods, Scarsdale is the 109th largest community in New York. Scarsdale has an unusually large stock of pre-World War II architecture, making it one of the older and more historic villages.
Scarsdale home prices are not only among the most expensive in New York, but Scarsdale real estate also consistently ranks among the most expensive in America.
Scarsdale is a decidedly white-collar village, with fully 98.89% of the workforce employed in white-collar jobs, well above the national average. Overall, Scarsdale is a village of professionals, managers and sales and office workers. There are especially a lot of people living in Scarsdale who work in management occupations (20.32%), legal occupations (14.24%) and sales jobs (13.82%).
Of important note, Scarsdale is also a village of artists. Scarsdale has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Scarsdale’s character.
Also of interest is that Scarsdale has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.90% 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.
In addition, Scarsdale 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.
Scarsdale 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, Scarsdale’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Scarsdale, however, is that residents on average have to contend with a long commute, spending on average 40.68 minutes every day commuting to work. However, 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, Scarsdale 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.
If knowledge is power, Scarsdale is a pretty powerful place. 86.69% of the adults in Scarsdale 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 Scarsdale in 2010 was $113,535, which is wealthy relative to New York and the nation. This equates to an annual income of $454,140 for a family of four.
Scarsdale is a somewhat ethnically-diverse village. The people who call Scarsdale home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Scarsdale residents report their race to be White, followed by Asian. Important ancestries of people in Scarsdale include Russian, German, Eastern European, Italian, Polish and Irish.
In addition, Scarsdale has a lot of people living here who were born outside of the US (22.27%).
The languages spoken by people in Scarsdale are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Scarsdale is English. Other important languages spoken here include Chinese, Spanish and French.
|NUMBER OF HOMES AND APARTMENTS||5,394|
|SCARSDALE HOME OWNERSHIP|
|% OWNER OCCUPIED||88.31%|
|% RENTER OCCUPIED||11.69%|
|TYPE OF SCARSDALE HOMES|
|SINGLE FAMILY DETACHED||94.08%|
|ROWHOUSES AND ATTACHED HOMES||0.16%|
|SMALL APARTMENT BUILDINGS||0.96%|
|COMPLEXES OR HIGH RISE APARTMENTS||4.80%|
|SIZE OF SCARSDALE HOMES|
|5 OR MORE BEDROOMS||37.76%|
|AGE OF SCARSDALE HOMES|
|NEWER HOMES (2000 OR LATER)||4.61%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||10.42%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||36.34%|
|HISTORIC (1939 OR BEFORE)||48.63%|
|SCARSDALE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,326,693|
|MEDIAN RENTAL PRICE||$2,319|
|HOME VALUE RANGE|
|$0 - $53,000||0.61%|
|$53,001 - $107,000||0.63%|
|$107,001 - $213,000||0.76%|
|$213,001 - $320,000||0.50%|
|$320,001 - $427,000||0.61%|
|$427,001 - $533,000||1.34%|
|$533,001 - $800,000||10.17%|
|$800,001 - $1,067,000||19.45%|
|PEOPLE OF SCARSDALE||DETAILS|
|UNDER 5 YEARS||5.67%|
|5 TO 17||27.90%|
|18 TO 24||4.42%|
|25 TO 34||3.01%|
|35 TO 54||33.26%|
|55 TO 64||11.99%|
|65 YEARS AND OVER||13.75%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.47%|
|MEDIAN HOUSEHOLD INCOME||$241,453|
|PER CAPITA INCOME||$113,535|
|INDIVIDUALS BELOW POVERTY LEVEL||2.06%|
|INDUSTRIES PEOPLE WORK IN||Finance (23.03%)
Professional, scientific, and technical services (19.76%)
Real estate (4.10%)
Information Technology (2.85%)
Public Service (2.80%)
|BLACK OR AFRICAN AMERICAN||1.17%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.18%|
|TWO OR MORE RACES||2.06%|
|HISPANIC OR LATINO (OF ANY RACE)||4.12%|
|ETHNICITIES PRESENT||Russian (10.90%)
Eastern European (7.72%)
|LANGUAGES SPOKEN||English (76.85%)
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