Carmel, NY
Population 7,222 · New York
About Carmel, NY
Carmel is a small community in New York with a population of 7,222 residents. The median household income is $126,224 per year, which is above the national average. The median age in Carmel is 46 years.
Housing in Carmel has a median home value of $491,300 and median monthly rent of $1,160. Of the 2,923 total housing units, the majority are owner-occupied, with 2,111 owner-occupied and 695 renter-occupied units.
The unemployment rate in Carmel is 5.7% and the poverty rate is 6.4%. 38.8% of residents hold a bachelor's degree or higher. The average commute time is 41.7 minutes.
Cost of Living in Carmel, NY
Compared to national averages, Carmel has a median household income of $126,224 (68% above the national median of $75,149). Home values average $491,300, which is 101% above the national median. Monthly rent at $1,160 is 0% below the US average of $1,163. Within New York, Carmel's income is 30% above the state average of $96,987, and home values are 27% above the state median of $387,181.
Why Live in Carmel, NY?
Carmel offers a strong local economy with a median household income of $126,224, well above the national average, and rent that’s lower than the national average at $1,160/month, and a well-educated community where 38.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $491,300. However, Carmel’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carmel has a population of 7,222 with a median age of 46 years. Compare Carmel with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Carmel
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Canton | 7,222 | $62,438 | $182,900 | Compare |
| Sound Beach | 7,207 | $140,797 | $384,100 | Compare |
| North Patchogue | 7,243 | $104,698 | $421,800 | Compare |
| Pelham | 7,247 | $179,561 | $891,900 | Compare |
| East Hills | 7,249 | $250,001 | $1,371,600 | Compare |
| Monticello | 7,252 | $47,464 | $152,600 | Compare |
| Scotia | 7,260 | $74,185 | $182,800 | Compare |
| Oakdale | 7,171 | $129,809 | $595,200 | 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.
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Frequently Asked Questions about Carmel
What is the population of Carmel, NY?
The population of Carmel, NY is 7,222 according to the latest Census data.
What is the median household income in Carmel?
The median household income in Carmel, NY is $126,224 per year.
What is the median home value in Carmel?
The median home value in Carmel, NY is $491,300.
What is the average rent in Carmel?
The median monthly rent in Carmel, NY is $1,160.
What is the unemployment rate in Carmel?
The unemployment rate in Carmel, NY is 5.7%.