Living in Larchmont, New York
Cost of living, income, home prices, rent and demographics of Larchmont · Census data 2020–2024
Larchmont has 6,567 residents with a median age of 38.7. The median household income is $167,536 (95% higher than the New York median), the median home value is $1,635,500, the median rent is $2,093/month.
Larchmont at a glance
- Population
- 6,567
- Median age
- 38.7State: 39.8
- Median household income
- $167,536State: $85,974
- Median home value
- $1,635,500State: $423,800
- Median rent
- $2,093/moState: $1,621
- Homeowners
- 72.6%
- Bachelor's degree or higher
- 84%
- Average commute
- 43 min
Is Larchmont a good place to live?
Pros: Median household income 95% higher than the New York median; a poverty rate of 1.5%.
Cons: Home values 286% higher than the state median; an average commute of 43 minutes; unemployment of 10.5%.
The weather is best in May–June and August–September.
Cost of living in Larchmont
Housing is the biggest part of the cost of living. In Larchmont the median home value is $1,635,500, 392% higher than the U.S. median. Renters pay a median of $2,093 per month, which is 34.8% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Larchmont median household income
The median household income in Larchmont is $167,536 and the income per person is $139,836. 1.5% of residents live below the poverty line (New York: 14%).
Housing in Larchmont: homes for sale and rent
- Housing units
- 2,642
- Owner-occupied
- 72.6%
- Renter-occupied
- 27.4%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1940
- Average household size
- 2.58
Larchmont demographics
- Population
- 6,567
- Median age
- 38.7
- Under 18
- 26.1%
- 65 and older
- 13.6%
- Households
- 2,540
- Foreign-born
- 10.5%
- Veterans
- 1.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Larchmont ›
Education in Larchmont
84% of adults 25 and older in Larchmont have a bachelor's degree or higher (New York: 40.2%), and 45.7% have a graduate or professional degree.
Jobs and commute in Larchmont
- Unemployment rate
- 10.5%State: 6.4%
- Average commute
- 43 minState: 33 min
- Work from home
- 38.7%
- Drive alone
- 20.8%
- Public transit
- 30.1%
- Walk to work
- 2.1%
- Homes with broadband
- 98.7%
Larchmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Larchmont | 6,567 | $167,536 | $1,635,500 | $2,093 |
| New Rochelle | 82,769 | $109,167 | $702,500 | $1,917 |
| Mamaroneck | 19,826 | $120,000 | $717,200 | $2,157 |
| Pelham | 7,305 | $184,375 | $915,800 | $2,299 |
| Pelham Manor | 5,644 | $250,001 | $1,093,300 | $2,705 |
| Eastchester | 20,491 | $157,202 | $790,100 | $2,210 |
| Rye | 16,428 | $239,815 | $1,819,900 | $3,501 |
| Bronxville | 6,510 | $215,815 | $1,095,100 | $3,501 |
| Mount Vernon | 72,427 | $78,779 | $484,000 | $1,629 |
More for people moving to Larchmont
Larchmont ZIP code ›Weather and climate ›Living in Larchmont: FAQ
What is the median household income in Larchmont, NY?
The median household income in Larchmont is $167,536, 95% 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 Larchmont?
The median home value in Larchmont is $1,635,500, compared with $423,800 in New York.
How much is rent in Larchmont?
The median gross rent in Larchmont is $2,093 per month, about 34.8% of household income.
Is Larchmont, NY a good place to live?
Pluses: median household income 95% higher than the New York median; a poverty rate of 1.5%. Minuses: home values 286% higher than the state median; an average commute of 43 minutes; unemployment of 10.5%.
What is the median age in Larchmont?
The median age in Larchmont is 38.7 years (New York: 39.8).
How long is the commute in Larchmont?
The average commute to work in Larchmont is 43 minutes; 38.7% of workers work from home.
What is the unemployment rate in Larchmont?
The unemployment rate in Larchmont is 10.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Larchmont?
84% of adults in Larchmont 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.
Last updated: