Sign In Register

Carmel, NY

Full City Profile · New York · Putnam County County

4.0 /5.0
A Great
7,222 Population 782/sq mi density
$126,224 Median Income $52,888 per capita
$491,300 Home Value $596,552 Zillow
$1,160 Median Rent 23.8% income on rent
48°F Avg Temperature 271 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.8 / 5.0
$126,224 median income, 3.1% unemployment
A
Affordability
4.5 / 5.0
$491,300 home value, $1,160/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
38.8% bachelor's degree or higher

Income Overview

Median Household Income
$126,224
68% above
US avg: $75,149
Per Capita Income
$52,888
35% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
3.5%
72% below
US avg: 12.4%

Income Comparison: Carmel vs. U.S. Average

Each bar shows Carmel’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$126,224
168%
Per Capita
US: $39,052
$52,888
135%
IRS Avg AGI
US: $72,000
$112,316
156%
Avg Weekly Wage
US: $1,432
$1,299
91%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,299
9% below US avg ($1,432)
Mean Commute Time
42 min
51% above US avg (28 min)
Work From Home
11.4%
25% below US avg (15.2%)
Drive Alone
71.4%
3% below US avg (73.2%)
Public Transit
5.9%
19% above US avg (5.0%)
County GDP
$5,494M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 71.4%
Public Transit 5.9%
Work From Home 11.4%
Other 11.3%
Average commute time
42 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,328
Restaurants
222
Healthcare
245
Retail
298
Manufacturing
66

Tax & Financial

IRS Avg Adjusted Gross Income
$112,316
56% above US avg ($72,000)
Avg Property Tax
$13,245
278% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$126,224
Per Capita Income$52,888
IRS Avg Adjusted Gross Income$112,316
Avg Weekly Wage$1,299
County GDP$5,494M

Hardship Indicators

Unemployment Rate3.1%
Poverty Rate3.5%
Gini Coefficient0.417
Cost of Living Index107.9

Commute

Mean Commute42 minutes
Drive Alone71.4%
Public Transit5.9%
Work From Home11.4%

Businesses

Total Establishments3,328
Restaurants222
Healthcare245
Retail298
Manufacturing66

Tax

IRS Avg AGI$112,316
Avg Property Tax$13,245