Armonk is a very small town located in the state of New York. With a population of 4,495 people and two associated neighborhoods, Armonk is the 355th largest community in New York. Much of the housing stock in Armonk was built relatively recently. The construction of new real estate can often be taken as an indication that the local Armonk economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Armonk, where the median household income is $234,688.00.
Armonk home prices are not only among the most expensive in New York, but Armonk real estate also consistently ranks among the most expensive in America.
Also of interest is that Armonk has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Armonk telecommute to their jobs. Overall, about 24.09% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Armonk is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Armonk really has some of the features that families look for when choosing a good community to raise children. Is Armonk perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Armonk, however, the average commute to work is quite long. On average, people spend 36.58 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Despite being a small town, Armonk has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Armonk. 78.71% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Armonk in 2022 was $113,310, which is wealthy relative to New York and the nation. This equates to an annual income of $453,240 for a family of four.
Armonk is a very ethnically-diverse town. The people who call Armonk home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Armonk residents report their race to be White, followed by Asian. Armonk also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.03% of the town’s residents. Important ancestries of people in Armonk include Italian, Irish, German, Polish, and English.
Armonk also has a high percentage of its population that was born in another country: 18.78%.
The most common language spoken in Armonk is English. Other important languages spoken here include Spanish and Italian.