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Lake Carmel, NY

Full City Profile · New York · Putnam County County

4.1 /5.0
A Great
8,090 Population 1,547/sq mi density
$121,402 Median Income $48,205 per capita
$357,500 Home Value $512,017 Zillow
$1,479 Median Rent 39.2% income on rent
48°F Avg Temperature 271 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$121,402 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$357,500 home value, $1,479/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
39.1% bachelor's degree or higher

Income Overview

Median Household Income
$121,402
62% above
US avg: $75,149
Per Capita Income
$48,205
23% above
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
6.5%
48% below
US avg: 12.4%

Income Comparison: Lake Carmel vs. U.S. Average

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

Median Household
US: $75,149
$121,402
162%
Per Capita
US: $39,052
$48,205
123%
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
39 min
41% above US avg (28 min)
Work From Home
8.9%
41% below US avg (15.2%)
Drive Alone
74.6%
2% above US avg (73.2%)
Public Transit
3.7%
26% below US avg (5.0%)
County GDP
$5,494M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.6%
Public Transit 3.7%
Work From Home 8.9%
Other 12.8%
Average commute time
39 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$121,402
Per Capita Income$48,205
IRS Avg Adjusted Gross Income$112,316
Avg Weekly Wage$1,299
County GDP$5,494M

Hardship Indicators

Unemployment Rate1.9%
Poverty Rate6.5%
Gini Coefficient0.417
Cost of Living Index107.9

Commute

Mean Commute39 minutes
Drive Alone74.6%
Public Transit3.7%
Work From Home8.9%

Businesses

Total Establishments3,328
Restaurants222
Healthcare245
Retail298
Manufacturing66

Tax

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