Larchmont, NY

Census Place

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2024 Population
6,567
US Senator
Chuck Schumer
Democratic Party
US Senator
Kirsten Gillibrand
Democratic Party
2024 Median Age
38.7
0.258% 1-year decrease
2024 Poverty Rate
1.45%
27.5% 1-year decrease
2024 Median Household Income
$167,536
4.37% 1-year growth
2024 Median Property Value
$1.64M
18.1% 1-year growth
2024 Employed Population
2,964
3.07% 1-year decline

About

None of the households in Larchmont, NY reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

96.1% of the residents in Larchmont, NY are U.S. citizens.

In 2024, the median property value in Larchmont, NY was $1.64M, and the homeownership rate was 72.6%.

Most people in Larchmont, NY worked at home, and the average commute time was 43.2 minutes. The average car ownership in Larchmont, NY was 2 cars per household.

Population & Diversity

Larchmont, NY is home to a population of 6.57k people, from which 96.1% are citizens. As of 2024, 10.5% of Larchmont, NY residents were born outside of the country (690 people).

In 2024, there were 18 times more White (Non-Hispanic) residents (5.68k people) in Larchmont, NY than any other race or ethnicity. There were 316 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 184 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

96.1%
2024 Citizenship
95.4%
2023 Citizenship

As of 2024, 96.1% of Larchmont, NY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Larchmont, NY was 95.4%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Larchmont, NY compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Larchmont, NY
  1. White (Non-Hispanic)
    5.68k ± 442
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    316 ± 218
  3. Two Races Including Other (Hispanic)
    184 ± 146
6.72%
Hispanic Population
441 people

In 2024, there were 18 times more White (Non-Hispanic) residents (5.68k people) in Larchmont, NY than any other race or ethnicity. There were 316 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 184 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

6.72% of the people in Larchmont, NY are hispanic (441 people).

The following chart shows the 8 races represented in Larchmont, NY as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.
Most Common Origin
  1. Dominican Republic
    493,200 ± 17,027 people
  2. China
    410,969 ± 15,575 people
  3. Jamaica
    234,174 ± 11,811 people

In 2023, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 493,200 New York residents, followed by China with 410,969 and Jamaica with 234,174.

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Foreign-Born Population

10.5%
2024 Foreign-Born Population
690 people
14.9%
2023 Foreign-Born Population
974 people

As of 2024, 10.5% of Larchmont, NY residents (690 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Larchmont, NY was 14.9%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Larchmont, NY compared to that of it's neighboring and parent geographies.

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Veterans

Korea
Most Common Service Period
38 ± 55

The chart shows the distribution of veterans by conflict in Larchmont, NY.

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Economy

The economy of Larchmont, NY employs 2.96k people. In 2024, the largest industries in Larchmont, NY were Health Care & Social Assistance (606 people), Professional, Scientific, & Technical Services (581 people), and Finance & Insurance (529 people), and the highest paying industries were Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Finance & Insurance ($250,001), and Manufacturing ($220,227).

Occupations

2.96k
2024 Value
± 445
−3.07%
1 Year decline
± 22.9%

From 2023 to 2024, employment in Larchmont, NY declined at a rate of −3.07%, from 3.06k employees to 2.96k employees.

The most common job groups, by number of people living in Larchmont, NY, are Management Occupations (615 people), Sales & Related Occupations (366 people), and Health Diagnosing & Treating Practitioners & Other Technical Occupations (264 people). This chart illustrates the share breakdown of the primary jobs held by residents of Larchmont, NY.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New York.

This chart shows weekly unemployment insurance claims in New York (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

2.96k
2024 Value
± 445
−3.07%
1 Year decline
± 22.9%

From 2023 to 2024, employment in Larchmont, NY declined at a rate of −3.07%, from 3.06k employees to 2.96k employees.

The most common employment sectors for those who live in Larchmont, NY, are Health Care & Social Assistance (606 people), Professional, Scientific, & Technical Services (581 people), and Finance & Insurance (529 people). This chart shows the share breakdown of the primary industries for residents of Larchmont, NY, though some of these residents may live in Larchmont, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$192,734
Median earning men ± $68,655
$66,250
Median earning women ± $20,223

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Manufacturing ($211,583), and Educational Services, & Health Care & Social Assistance ($147,545).

The industries with the best median earnings for women in 2024 are Manufacturing ($221,477), Finance & Insurance, & Real Estate & Rental & Leasing ($159,688), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($107,950).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New York.
Y-Axis
2.74%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 9.56M people employed in New York. This represents a 2.74% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 19.7%.

The following chart shows monthly employment numbers for each industry sector in New York.

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Housing & Living

The median property value in Larchmont, NY was $1.64M in 2024, which is 4.92 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $1.38M to $1.64M, a 18.1% increase. The homeownership rate in Larchmont, NY is 72.6%, which is higher than the national average of 65.2%.

People in Larchmont, NY have an average commute time of 43.2 minutes, and they worked at home. Car ownership in Larchmont, NY is approximately the same as the national average, with an average of 2 cars per household.

Property

$1.64M
Median Property Value 2024
±$416,933
$1,845
Median Property Taxes
±$287

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Larchmont, NY the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Larchmont, NY compared to it's parent and neighbor geographies.

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Rent vs Own

72.6%
Homeownership
2024
33.6%
Homeowners with Mortgage
2024

In 2024, 72.6% of the housing units in Larchmont, NY were occupied by their owner. This percentage grew from the previous year's rate of 69.6%.

This chart shows the percentage of owner in Larchmont, NY compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$167,536
Median Household Income
± $42,822
2.54k
Number of Households
± 481

In 2024, the median household income of the 2.54k households in Larchmont, NY grew to $167,536 from the previous year's value of $160,526.

The following chart displays the households in Larchmont, NY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Larchmont, NY is from New York.
0.493
2023 Wage GINI in New York
0.494
2022 Wage GINI in New York

In 2023, the income inequality in New York was 0.493 according to the GINI calculation of the wage distribution. Income inequality had a 0.0797% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New York in comparison to the national average.

This chart shows the number of workers in New York across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Worked At Home (38.7%)
  2. Public Transit (30.1%)
  3. Drove Alone (20.8%)

In 2024, 38.7% of workers in Larchmont, NY worked at home, followed by those who used public transit to get to work (30.1%) and those who drove alone to work (20.8%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

43.2 minutes
Average Travel Time

Using averages, employees in Larchmont, NY have a longer commute time (43.2 minutes) than the normal US worker (26.4 minutes). Additionally, 4.51% of the workforce in Larchmont, NY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Larchmont, NY compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Larchmont, NY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Larchmont, NY have 2 cars.

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Poverty & Diversity

1.45% of the population for whom poverty status is determined in Larchmont, NY (94 out of 6.48k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Males 65 - 74 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Larchmont, NY is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

98.9% of the population of Larchmont, NY has health coverage, with 73.8% on employee plans, 3.94% on Medicaid, 11.6% on Medicare, 9.59% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New York see 1,245 patients per year on average, which represents a 0% change from the previous year (1,245 patients). Compare this to dentists who see 1205 patients per year, and mental health providers who see 265 patients per year.

By gender, of the total number of insured persons, 50.7% were men and 49.3% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 26.5% under 18 years, 16.2% between 18 and 34 years, 43.7% between 35 and 64 years, and 13.6% over 64 years.

By gender, of the total number of insured persons, 50.7% were men and 49.3% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

1.08%
Uninsured
73.8%
Employer Coverage
3.94%
Medicaid
11.6%
Medicare
9.59%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Larchmont, NY declined by 55.5% from 2.43% to 1.08%.

The following chart shows how the percent of uninsured individuals in Larchmont, NY changed over time compared with the percent of individuals enrolled in various types of health insurance.

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