What to know when moving to Larchmont, NY
TL;DR: Larchmont at a Glance
- The Vibe:
- A highly educated ZIP where 82% of residents hold a bachelor's degree and only 21.7% rent.
- The Major Draw:
- Median household income is $186,555, which reflects a well-off community.
- The Reality Check:
- Median gross rent is $2,115, which might be high for some budgets.
- Commute:
- 27.5% of residents use public transit for commuting.
- Top Tip:
- Budget for a median home value of $1,185,300.
The 'Vibe' Check: Who Thrives Here?
Larchmont showcases a community with a strong educational background, as evidenced by the 82% of residents holding a bachelor's degree. The area has a low poverty rate of 2.6% and a significant proportion of homeowners, with just 21.7% of the population renting. Residents enjoy a well-to-do lifestyle, reflected by the high median household income of $186,555.
Probably not your spot if you are looking for more affordable housing, as the median gross rent is $2,115.
Your Money: Housing & Cost Snapshot
- Median gross rent is $2,115, which suggests a need for a substantial housing budget.
- Median owner-occupied home value is $1,185,300, indicating high property values.
- 82% of residents have a bachelor's degree or higher, contributing to the community's affluence.
- The poverty rate stands at 2.6%, showing a low level of economic hardship.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
In New York, the crime rates indicate some areas of concern, but overall trends show a mixed picture.
- Violent crime rate is 454.9 per 100k, which is significantly higher than the national rate of 325.3 per 100k.
- Property crime rate is 1,816.5 per 100k, also above the national average of 1,546.9 per 100k.
- Notable trend: The homicide rate has decreased by 34.5% since 2022.
Source: FBI Crime Data Explorer (state-level summarized data for New York).
Schools & Higher Ed
Larchmont provides access to a wide range of educational institutions in the surrounding area, with a total of 57 colleges and universities nearby.
- Nearby schools include Iona University in New Rochelle and Manhattanville University in Purchase.
- There are 17 institutions located within Westchester County, highlighting the educational resources available to residents.
Source: ArcGIS Postsecondary School Locations, NCES, College Scorecard.
Weather & Getting Outside
While specific climate data is unavailable, Larchmont is home to several parks and outdoor areas perfect for enjoying nature.
- Harbor Island Park - 4.6 stars (1,903 reviews)
- Tallman Mountain State Park - 4.6 stars (1,630 reviews)
- Hudson Park & Beach - 4.6 stars (1,376 reviews)
- Saxon Woods Park - 4.5 stars (1,199 reviews)
Source: Google Places API.
