Is Lake Carmel, NY a Good Place to Live?
Lake Carmel is a small town of 8,089 in New York, with a median household income of $102,125 and a 3.7% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.
Strengths: Lake Carmel stands out for a well-educated population.
Trade-offs: Potential downsides include an above-average cost of living, longer commutes. Whether Lake Carmel is right for you depends on your priorities — the full breakdown is below.
All Lake Carmel city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 112.5Lake Carmel's overall cost of living index is 112.5, where 100 represents the US national average. Living in Lake Carmel costs roughly 12% more than the average American city.
| Metric | Lake Carmel, NY | National Avg |
|---|---|---|
| Median Home Value | $326,800 | $244,900 |
| Median Monthly Rent | $1,574 | $1,163 |
| Homeownership Rate | 89.6% | 65.9% |
| Median Household Income | $102,125 | $74,755 |
Crime & Safety
Crime data for Lake Carmel is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
| Metric | Lake Carmel, NY | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 39.7% | 35.4% |
| High School Diploma or Higher | 90.9% | 91.1% |
Weather & Climate
Lake Carmel sees average highs of 33.4°F in January and 77.9°F in July, with 50.4 inches of annual precipitation and 57.9 inches of snow per year.
| Metric | Lake Carmel, NY |
|---|---|
| Average High — January | 33.4°F |
| Average High — July | 77.9°F |
| Annual Precipitation | 50.4" |
| Annual Snowfall | 57.9" |
Demographics
| Metric | Lake Carmel, NY | National Avg |
|---|---|---|
| Population | 8,089 | — |
| Median Age | 42.9 | 38.9 |
| Unemployment Rate | 3.7% | 3.7% |
| Avg Commute Time | 42.3 min | 26 min |
| White (non-Hispanic) | 68.5% | 59.3% |
| Black or African American | 6.6% | 13.6% |
| Hispanic or Latino | 22.4% | 18.9% |
| Asian | 1.1% | 6.3% |
| Under 18 | 21.2% | 22.2% |
| 65 and over | 16.4% | 16.8% |