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ZipNumbers

New York · Census place 40398

Lake Carmel CDP, NY

Quick answer

Lake Carmel CDP has 8,090 residents, ranking #239 of 1292 places in New York. Median household income is $121,402, the median home is worth $357,500 and median gross rent runs $1,479 a month.

Population
8,090Lake Carmel CDP residents
Median household income
$121,402Past 12 months, inflation adjusted
Median home value
$357,500Owner-occupied units
Median gross rent
$1,479Rent plus utilities, monthly
Median age
42.4 yrsAll residents
Homeownership rate
86.8%Owner-occupied households

What the numbers mean in Lake Carmel CDP

Housing cost measured against local earnings.

A household earning the Lake Carmel CDP median would spend about 14.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.2% of residents and 86.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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