Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Located in the state of New York, Lake Carmel is a small-sized city with a population of 8,287 inhabitants. At 76%, the majority of the Lake Carmel population is White; this is followed by 5% Black and 5% Asian. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Lake Carmel entails a longer-than-average one-way commute time, averaging 41 minutes.
Are you trying to figure out if living in Lake Carmel is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in New York, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like commute, health & safety, employment and other key data points, finding the best places to live in Lake Carmel and in the areas around Lake Carmel is a much easier task.
The livability score in Lake Carmel is 62 out of 100 and the city is ranked in the 49th percentile of all cities across America. Based on the rankings for each individual category, Lake Carmel has received high marks for crime (B-), employment (A+) and housing (A). Unfortunately for Lake Carmel, there are some categories for which it does not rank well, this includes: amenities (F), cost of living (F) and education (D-).
Finding affordable real estate and housing in Lake Carmel can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Lake Carmel meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lake Carmel. Everything else becomes a lot less important if it turns out that home prices in Lake Carmel are simply unattainable. The median home price for Lake Carmel homes is $273,500, which is 4.5% lower than the New York average. If we take a closer look at the affordability of homes in Lake Carmel, we’ll see that the home price to income ratio is 3.1, which is 34% lower than the New York average.
| Statistic | Lake Carmel | New York | National |
| Average one way commute | 41min | 33min | 26min |
| Workers who drive to work | 76.9% | 53.0% | 76.4% |
| Workers who carpool | 12.9% | 6.7% | 9.3% |
| Workers who take public transit | 5.9% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 6.3% | 2.8% |
| Working from home | 4.3% | 4.0% | 4.6% |
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