Living in Armonk, New York
Cost of living, income, home prices, rent and demographics of Armonk · Census data 2020–2024
Armonk has 4,429 residents with a median age of 44.1. The median household income is $230,357 (168% higher than the New York median), the median home value is $1,073,300, the median rent is $3,138/month.
Armonk at a glance
- Population
- 4,429
- Median age
- 44.1State: 39.8
- Median household income
- $230,357State: $85,974
- Median home value
- $1,073,300State: $423,800
- Median rent
- $3,138/moState: $1,621
- Homeowners
- 87.6%
- Bachelor's degree or higher
- 77%
- Average commute
- 34 min
Is Armonk a good place to live?
Pros: Median household income 168% higher than the New York median; unemployment of 2%; a poverty rate of 6.3%.
Cons: Home values 153% higher than the state median; an average commute of 34 minutes.
The weather is best in June to September.
Cost of living in Armonk
Housing is the biggest part of the cost of living. In Armonk the median home value is $1,073,300, 223% higher than the U.S. median. Renters pay a median of $3,138 per month, which is 23.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Armonk median household income
The median household income in Armonk is $230,357 and the income per person is $110,987. 6.3% of residents live below the poverty line (New York: 14%).
Housing in Armonk: homes for sale and rent
- Housing units
- 1,522
- Owner-occupied
- 87.6%
- Renter-occupied
- 12.4%
- Vacant
- 4.2%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.99
Armonk demographics
- Population
- 4,429
- Median age
- 44.1
- Under 18
- 25.9%
- 65 and older
- 16.3%
- Households
- 1,458
- Foreign-born
- 18.5%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Armonk ›
Education in Armonk
77% of adults 25 and older in Armonk have a bachelor's degree or higher (New York: 40.2%), and 36% have a graduate or professional degree.
Jobs and commute in Armonk
- Unemployment rate
- 2%State: 6.4%
- Average commute
- 34 minState: 33 min
- Work from home
- 20.9%
- Drive alone
- 64.3%
- Public transit
- 9.2%
- Walk to work
- 2.2%
- Homes with broadband
- 95.3%
Armonk vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Armonk | 4,429 | $230,357 | $1,073,300 | $3,138 |
| Chappaqua | 3,046 | $241,432 | $781,100 | $2,374 |
| Thornwood | 4,140 | $170,398 | $650,400 | $2,550 |
| Pleasantville | 7,371 | $136,406 | $824,200 | $2,058 |
| Hawthorne | 4,878 | $140,856 | $692,200 | $3,250 |
| Mount Kisco | 10,737 | $96,534 | $478,300 | $1,494 |
| Bedford | 1,874 | $250,001 | $1,179,500 | — |
| Valhalla | 2,937 | $134,037 | $663,500 | $3,167 |
| Millwood | 1,083 | $205,083 | $784,400 | $3,501 |
More for people moving to Armonk
Armonk ZIP code ›Weather and climate ›Living in Armonk: FAQ
What is the median household income in Armonk, NY?
The median household income in Armonk is $230,357, 168% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Armonk?
The median home value in Armonk is $1,073,300, compared with $423,800 in New York.
How much is rent in Armonk?
The median gross rent in Armonk is $3,138 per month, about 23.2% of household income.
Is Armonk, NY a good place to live?
Pluses: median household income 168% higher than the New York median; unemployment of 2%; a poverty rate of 6.3%. Minuses: home values 153% higher than the state median; an average commute of 34 minutes.
What is the median age in Armonk?
The median age in Armonk is 44.1 years (New York: 39.8).
How long is the commute in Armonk?
The average commute to work in Armonk is 34 minutes; 20.9% of workers work from home.
What is the unemployment rate in Armonk?
The unemployment rate in Armonk is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Armonk?
77% of adults in Armonk have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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