Lake Carmel, NY
Population 8,090 · New York
About Lake Carmel, NY
Lake Carmel is a small community in New York with a population of 8,090 residents. The median household income is $121,402 per year, which is above the national average. The median age in Lake Carmel is 42.4 years.
Housing in Lake Carmel has a median home value of $357,500 and median monthly rent of $1,479. Of the 3,088 total housing units, the majority are owner-occupied, with 2,522 owner-occupied and 385 renter-occupied units.
The unemployment rate in Lake Carmel is 2.8% and the poverty rate is 9.2%. 39.1% of residents hold a bachelor's degree or higher. The average commute time is 39 minutes.
Cost of Living in Lake Carmel, NY
Compared to national averages, Lake Carmel has a median household income of $121,402 (62% above the national median of $75,149). Home values average $357,500, which is 46% above the national median. Monthly rent at $1,479 is 27% above the US average of $1,163. Within New York, Lake Carmel's income is 25% above the state average of $96,987, and home values are 8% below the state median of $387,181.
Why Live in Lake Carmel, NY?
Lake Carmel offers a strong local economy with a median household income of $121,402, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 39.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.2%, better than the national average.
Lake Carmel has a population of 8,090 with a median age of 42.4 years. Compare Lake Carmel with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Lake Carmel
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Port Jefferson | 8,029 | $143,125 | $628,500 | Compare |
| New Paltz | 8,028 | $59,375 | $397,800 | Compare |
| Johnstown | 8,153 | $62,333 | $147,000 | Compare |
| Center Moriches | 8,155 | $152,500 | $554,500 | Compare |
| Hornell | 8,173 | $46,321 | $86,600 | Compare |
| Garden City Park | 8,176 | $135,208 | $796,600 | Compare |
| Croton-on-Hudson | 8,205 | $185,718 | $702,600 | Compare |
| Congers | 7,923 | $141,413 | $575,700 | 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 Lake Carmel
What is the population of Lake Carmel, NY?
The population of Lake Carmel, NY is 8,090 according to the latest Census data.
What is the median household income in Lake Carmel?
The median household income in Lake Carmel, NY is $121,402 per year.
What is the median home value in Lake Carmel?
The median home value in Lake Carmel, NY is $357,500.
What is the average rent in Lake Carmel?
The median monthly rent in Lake Carmel, NY is $1,479.
What is the unemployment rate in Lake Carmel?
The unemployment rate in Lake Carmel, NY is 2.8%.