Larchmont, NY
REAL ESTATE & DEMOGRAPHIC DATA





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 a large stock of pre-World War II architecture, 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 97.54% 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 (19.21%), business and financial occupations (12.36%), and healthcare (12.00%).

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.

And if you like science, one thing you'll find is that Larchmont has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.55% 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, 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.

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. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

In Larchmont, however, the average commute to work is quite long. On average, people spend 39.65 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the village is also quite pedestrian-friendly, because many neighborhoods are very dense 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.

Do you like to read, write and learn? If you move to Larchmont, you'll likely find that many of your neighbors like to as well. Larchmont is one of the more educated communities in America, with a full 85.84% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Larchmont in 2018 was $118,012, which is wealthy relative to New York and the nation. This equates to an annual income of $472,048 for a family of four.

Larchmont is a very 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, English, Irish, German, and Eastern European.

Foreign born people are also an important part of Larchmont's cultural character, accounting for 16.49% of the village’s population.

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