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CITY

Carmel

New York · 7,306 residents · 9.235 sq mi
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The short version

Carmel is significantly wealthier than the US average, with a median household income of $114,954. Population has held roughly steady since 2023. Median home value is $488,300. With a median age of 47.0, the population is older than the US median of 38.9. It ranks in the top 5% of US cities for household income. Households here earn about 34% more than the New York median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 47.0
US median: 38.9
More educated
40% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

7,306
+1%since 2023
from 7,222 in 2023
1990 – 2024
791 / sq mi
+1%since 2023
from 782 / sq mi in 2023
US average: 281
47.0
+2%since 2023
from 46.0 in 2023
US average: 38.9
Population, 19902024
5K5K6K7K8K19902024Carmel
20247K
19902024
Section 02

Income & economy

$114,954
−12%inflation adjusted, since 2023
from $126,224 in 2023
US average: $82,259
1990 – 2024
$52,771
Unchangedsince 2023
from $52,888 in 2023
US average: $44,673
Households earning $100K+
63.3%
−3.8 ptssince 2023
from 67.1% in 2023
US average: 53.3%
8.8%
+2.3 ptssince 2023
from 6.4% in 2023
US average: 12.5%
0.435
+9%since 2023
from 0.400 in 2023
US average: 0.476
Workforce by industry, 2024
Information11.1%
US avg: 10.8%
Wholesale trade8.6%
US avg: 6.9%
Other services6.9%
US avg: 6.7%
Public administration5.3%
US avg: 4.8%
Finance & insurance5.2%
US avg: 5.9%
Professional, scientific, technical5.2%
US avg: 5.1%
Arts, entertainment, food4.1%
US avg: 1.9%
Retail trade2.9%
US avg: 9.9%
Transportation & warehousing2%
US avg: 2.2%
Agriculture, forestry, fishing0.3%
US avg: 1.6%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$488,300
−3%inflation adjusted, since 2023
from $491,300 in 2023
US average: $376,019
1990 – 2024
$1,150
−4%inflation adjusted, since 2023
from $1,160 in 2023
US average: $1,442
75.0%
−0.2 ptssince 2023
from 75.2% in 2023
25.0% rent
2.6%
−1.4 ptssince 2023
from 4.0% in 2023
US average: 10.0%
41.6%
+4.5 ptssince 2023
from 37.1% in 2023
US average: 22.9%
42.6%
+1.7 ptssince 2023
from 40.9% in 2023
US average: 47.4%
4.2
+9%since 2023
from 3.9 in 2023
1990 – 2024
RELATED:See current rent listings in Carmel on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic83%(5,997)
Black3.3%(239)
Hispanic / Latino10.1%(733)
Asian1.8%(128)
Other1.7%(125)
Diversity Score37.3%(2,694)
2024
White, non-Hispanic78.3%(5,723)
Black4.2%(305)
Hispanic / Latino12.9%(939)
Asian2.6%(188)
Other2.1%(151)
Diversity Score45.9%(3,352)
46
+23%since 2023
from 37 in 2023
1990 – 2024
Section 05

Education

39.9%
+1.2 ptssince 2023
from 38.8% in 2023
US average: 35.6%
High school or higher
95.0%
+1.3 ptssince 2023
from 93.7% in 2023
US average: 89.6%
20.6%
+2.3 ptssince 2023
from 18.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

41.9 min
+1%since 2023
from 41.7 min in 2023
US average: 26.5
67.4%
−4.0 ptssince 2023
from 71.4% in 2023
US average: 68.9%
10.4%
+0.2 ptssince 2023
from 10.2% in 2023
US average: 8.5%
6.6%
+0.7 ptssince 2023
from 5.9% in 2023
US average: 3.2%
14.0%
+2.7 ptssince 2023
from 11.4% in 2023
US average: 15.0%
0.9%
+0.4 ptssince 2023
from 0.5% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
5.6%
+2.7 ptssince 2023
from 2.9% in 2023
US average: 8.3%
Section 07

Work & employment

4.8%
−0.9 ptssince 2023
from 5.7% in 2023
US average: 5.2%
54.5%
−0.2 ptssince 2023
from 54.7% in 2023
US average: 63.5%
23.3%
−3.0 ptssince 2023
from 26.3% in 2023
US average: 13.1%
48.3%
+2.4 ptssince 2023
from 45.9% in 2023
US average: 42.5%
Section 08

People & community

48.3%
+1.9 ptssince 2023
from 46.4% in 2023
51.7%
−1.9 ptssince 2023
from 53.6% in 2023
13.1%
−0.4 ptssince 2023
from 13.5% in 2023
US average: 14.1%
6.0%
+1.5 ptssince 2023
from 4.5% in 2023
US average: 6.2%
17.8%
+3.0 ptssince 2023
from 14.8% in 2023
US average: 13.3%
1.6%
+0.6 ptssince 2023
from 1.0% in 2023
US average: 8.4%
86.7%
+0.1 ptssince 2023
from 86.6% in 2023
US average: 91.0%
80.8%
−1.2 ptssince 2023
from 82.0% in 2023
US average: 77.7%
8.3%
+2.9 ptssince 2023
from 5.4% in 2023
US average: 13.6%
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Frequently asked

How many people live in Carmel, New York?

Carmel, New York has about 7,306 residents according to the 2024 American Community Survey.

What is the median household income in Carmel, New York?

The typical household in Carmel, New York earns about $114,954 a year. Half of households make more than that, and half make less.

Is Carmel, New York expensive?

In Carmel, New York, the median home is worth about $488,300, and the typical rent is about $1,150 a month.

How educated are people in Carmel, New York?

About 39.9% of adults age 25 and over in Carmel, New York hold a bachelor's degree or higher.

What is the poverty rate in Carmel, New York?

About 8.8% of people in Carmel, New York live below the federal poverty line.

Has Carmel, New York grown since 1990?

Yes, Carmel, New York has grown since 1990. The population has added about 2,506 residents, a change of about 52 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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