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CITY · 2020 ACS

Carmel

New York · 7,538 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 $92,623. The city has grown rapidly, with population up 57% since 1990. Median home value has more than doubled since 1990, reaching $396,100. With a median age of 46.0, the population is older than the US median of 38.8. Poverty is rare here, at 4.1% of residents. Households here earn about 30% more than the New York median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 46.0
US median: 38.8
Average education
35% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

7,538
+57%since 1990
from 4,800 in 1990
1990 – 2024
816 / sq mi
+57%since 1990
from 520 / sq mi in 1990
US average: 280
46.0
+34%since 1990
from 34.3 in 1990
US average: 38.8
Population, 19902024
5K5K6K7K8K19902024Carmel
20247K
19902024
Section 02

Income & economy

$92,623
−18%inflation adjusted, since 1990
from $57,330 in 1990
US average: $66,278
1990 – 2024
$48,508
+122%since 1990
from $21,887 in 1990
US average: $35,364
Households earning $100K+
59.2%
US average: 43.9%
4.1%
−0.2 ptssince 1990
from 4.3% in 1990
US average: 12.8%
Workforce by industry, 2020
Finance & insurance9.4%
US avg: 5.5%
Professional, scientific, technical9.4%
US avg: 4.7%
Wholesale trade9.3%
US avg: 6.7%
Information9.3%
US avg: 11.1%
Other services6.3%
US avg: 6.6%
Agriculture, forestry, fishing4%
US avg: 1.7%
Construction4%
US avg: 1.2%
Public administration3.4%
US avg: 4.7%
Arts, entertainment, food3%
US avg: 2%
Retail trade2.9%
US avg: 10%
Transportation & warehousing2.2%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$396,100
+4%inflation adjusted, since 1990
from $191,700 in 1990
US average: $265,253
1990 – 2024
$927
−37%inflation adjusted, since 1990
from $744 in 1990
US average: $1,124
74.5%
−6.8 ptssince 1990
from 81.4% in 1990
25.5% rent
4.3
+28%since 1990
from 3.3 in 1990
1990 – 2024
RELATED:See current rent listings in Carmel on RentDataNow
Section 04

Race & ethnicity

1990
White, non-Hispanic98.3%(4,719)
Black0.7%(34)
Hispanic / Latino2.8%(136)
Asian0.3%(12)
Other0.7%(35)
Diversity Score10.6%(511)
2020
White, non-Hispanic73.3%(5,522)
Black3.1%(234)
Hispanic / Latino17.8%(1,339)
Asian2.6%(198)
Other1.4%(108)
Diversity Score51.1%(3,850)
51
+380%since 1990
from 11 in 1990
1990 – 2024
Section 05

Education

34.8%
+4.3 ptssince 1990
from 30.5% in 1990
US average: 32.9%
High school or higher
94.8%
+3.1 ptssince 1990
from 91.7% in 1990
US average: 88.5%
17.8%
+5.4 ptssince 1990
from 12.4% in 1990
US average: 12.7%
Section 06

Commute & transportation

42.5 min
+38%since 1990
from 30.8 min in 1990
US average: 26.9
76.3%
US average: 75.1%
10.9%
US average: 8.4%
Section 07

Work & employment

7.0%
US average: 5.4%
52.1%
US average: 63.4%
41.1%
US average: 39.3%
Section 08

People & community

42.6%
57.4%
11.5%
US average: 13.5%
3.5%
US average: 8.8%
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Frequently asked

How many people live in Carmel, New York?

Carmel, New York has about 7,538 residents according to the 2020 American Community Survey.

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

The typical household in Carmel, New York earns about $92,623 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 $396,100, and the typical rent is about $927 a month.

How educated are people in Carmel, New York?

About 34.8% 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 4.1% 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 2,738 residents, a change of about 57 percent over that period.

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

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