Munsey Park is a very small village located in the state of New York. With a population of 2,769 people and just one neighborhood, Munsey Park is the 490th largest community in New York. Munsey Park has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
Munsey Park home prices are not only among the most expensive in New York, but Munsey Park real estate also consistently ranks among the most expensive in America.
Munsey Park is a decidedly white-collar village, with fully 97.30% of the workforce employed in white-collar jobs, well above the national average. Overall, Munsey Park is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Munsey Park who work in management occupations (16.73%), office and administrative support (15.73%), and business and financial occupations (14.57%).
Also of interest is that Munsey Park has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 32.24% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
In addition, Munsey Park is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Munsey Park is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Munsey Park’s overall crime rate is lower than average for the country.
One downside of living in Munsey Park is that it can take a long time to commute to work. In Munsey Park, the average commute to work is 38.49 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly village. Many of Munsey Park’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
Despite being a small village, Munsey Park 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 like to read, write and learn? If you move to Munsey Park, you'll likely find that many of your neighbors like to as well. Munsey Park is one of the more educated communities in America, with a full 90.03% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Munsey Park in 2022 was $136,144, which is wealthy relative to New York and the nation. This equates to an annual income of $544,576 for a family of four.
Munsey Park is an extremely ethnically-diverse village. The people who call Munsey Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Munsey Park residents report their race to be White, followed by Asian. Important ancestries of people in Munsey Park include Irish, Italian, Polish, German, and Eastern European.
The most common language spoken in Munsey Park is English. Other important languages spoken here include Chinese and Italian.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Munsey Park, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the neighborhood: a neighborhood in which more "urban sophisticates" live than 100.0% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for families with school-aged children and highly educated executives.
In addition, the rate of college educated adults in the neighborhood is a unique characteristic of the neighborhood. 90.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.7% of all U.S. neighborhoods.
Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.5% of America's neighborhoods are wealthier than the neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.6% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Real Estate
One way that the neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, real estate in the neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.0% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.4% of all American neighborhoods.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 54.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.1% of the neighborhoods in the United States.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 30.1% of the neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.2% of America's neighborhoods.
Also, in the neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.2% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.9% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Diversity
Did you know that the neighborhood has more Lithuanian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Lithuanian ancestry and 5.1% have Eastern European ancestry.
is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Munsey Park are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.5% of the neighborhoods in America. In addition, 8.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 54.5% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 66.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.6%), and 3.9% in government jobs, whether they are in local, state, or federal positions.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 82.6% of households. Other important languages spoken here include Chinese, Italian, French and Spanish.
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Munsey Park, NY, residents most commonly identify their ethnicity or ancestry as Irish (22.2%). There are also a number of people of Italian ancestry (19.3%), and residents who report Asian roots (18.5%), and some of the residents are also of Polish ancestry (9.6%), along with some German ancestry residents (7.7%), among others. In addition, 13.5% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 45 minutes and one hour commuting one-way to work (49.4% of working residents), longer and tougher than most commutes in America.
Here most residents (33.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (30.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
