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Lake Carmel, NY
Full City Profile · New York · Putnam County County
Lake Carmel, NY
At a Glance
How Lake Carmel Compares to the U.S. Average
Each bar shows Lake Carmel's value as a percentage of the national average (100% = U.S. avg)
Is Lake Carmel a Good Place to Live?
Economy & Jobs
Lake Carmel residents earn a median household income of $121,402 , which is 62% above the national average of $75,149. Per capita income is $48,205. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 6.5% of residents live below the poverty line. The area is home to 3,328 business establishments, including 222 restaurants.
Housing & Cost of Living
The median home value in Lake Carmel is $357,500 , 27% above the national median of $281,900. Zillow estimates the typical home at $512,017. Median rent is $1,479/month, with 39.2% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1955.
Safety & Crime
Lake Carmel reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 383/100K.
Education
39.1% of adults in Lake Carmel hold a bachelor's degree or higher (16% above the national average). 92.7% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Lake Carmel has an average annual temperature of 48°F (9°C). Winters average 25°F in January while summers reach 70°F in July. The area gets 271 sunny days per year. Annual precipitation totals 50.4 inches. Air quality is rated Good with a median AQI of 36.