Carle Place, NY
Population 5,094 · New York
About Carle Place, NY
Carle Place is a small town located in New York with a population of 5,094 residents according to the latest US Census Bureau American Community Survey data. The median household income is $130,063 per year, which is 73% above the national median of $75,149. The median age of 45.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Carle Place features a median home value of $743,800, which is 204% above the national median of $244,900. This places Carle Place in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,291, 97% above the national average of $1,163/month. Of the 2,002 total housing units, 81% are owner-occupied (1,552 units) and 19% are renter-occupied (369 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Carle Place shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Carle Place have an average one-way commute time of 29.4 minutes.
Education & Demographics
49.2% of Carle Place residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, and 8.0% Asian residents, with 25.4% of the population being foreign-born.
Cost of Living in Carle Place, NY
Compared to national averages, Carle Place has a median household income of $130,063 (73% above the national median of $75,149). Home values average $743,800, which is 204% above the national median. Monthly rent at $2,291 is 97% above the US average of $1,163. Within New York, Carle Place's income is 34% above the state average of $96,987, and home values are 92% above the state median of $387,181.
Why Live in Carle Place, NY?
Carle Place offers a strong local economy with a median household income of $130,063, well above the national average, and a well-educated community where 49.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $743,800. However, Carle Place’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carle Place has a population of 5,094 with a median age of 45.6 years. Compare Carle Place with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Carle Place
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Saranac Lake | 5,099 | $60,494 | $188,900 | Compare |
| Liberty | 5,083 | $49,125 | $150,500 | Compare |
| Ballston Spa | 5,080 | $82,341 | $281,600 | Compare |
| West Hills | 5,138 | $183,375 | $737,800 | Compare |
| Mechanicville | 5,143 | $47,331 | $185,900 | Compare |
| Hamlin | 5,041 | $69,142 | $131,300 | Compare |
| Sea Cliff | 5,037 | $185,650 | $926,500 | Compare |
| Ardsley | 5,005 | $250,001 | $792,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Carle Place With Other Cities
Frequently Asked Questions about Carle Place
What is the population of Carle Place, NY?
The population of Carle Place, NY is 5,094 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Carle Place?
The median household income in Carle Place, NY is $130,063 per year, which is 73% above the national median of $75,149.
What is the median home value in Carle Place?
The median home value in Carle Place, NY is $743,800, which is 204% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Carle Place?
The median monthly rent in Carle Place, NY is $2,291, which is 97% above the national average of $1,163/month.
What is the unemployment rate in Carle Place?
The unemployment rate in Carle Place, NY is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Carle Place, NY a good place to live?
Carle Place offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,094 and a median age of 45.6, the city appeals to established professionals and retirees.
How educated is Carle Place, NY?
49.2% of residents in Carle Place aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Carle Place?
Key cost-of-living indicators for Carle Place, NY: median home value is $743,800 (204% above national), median rent is $2,291/month, and median household income is $130,063. The home-value-to-income ratio is 5.7x, a moderate figure by national standards.
What is the poverty rate in Carle Place?
The poverty rate in Carle Place, NY is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Carle Place, NY?
Carle Place's population is 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, 8.0% Asian, and 2.0% two or more races. 25.4% of residents are foreign-born.