Larchmont, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Larchmont, NY is a small village located in Westchester County near New York City. It has an upscale vibe and offers a variety of attractions and businesses for its residents and visitors. 2 bedroom rent in Larchmont is $2,420 compared to the US average of $1,430; grocery cost index is 116 versus 100 in the US. Local companies include The Gregory Hotel Management Company, Larchmont Historical Society, The Little Garden Club, and Larchmont Yacht Club. Tourist attractions include Manor Park Beach & Pool, Sheldrake Environmental Center, Flint Park Playground, and Turtle Park Playground. There are also numerous restaurants such as Elia Taverna Bistro & Bar and Monarch Rooftop Lounge.

Larchmont has an unemployment rate of 6.2%. The US average is 6.0%.

Larchmont has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.

Tax Rates for Larchmont
- The Sales Tax Rate for Larchmont is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Larchmont is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Larchmont
- The average income of a Larchmont resident is $88,004 a year. The US average is $28,555 a year.
- The Median household income of a Larchmont resident is $214,186 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLarchmont, New YorkUnited States
  6.26
  -6.3%-6.2%
  26.5%33.5%
  4.4%6.2%
  6.2%4.6%
  $108,689$37,638
  $214,186$69,021
  $242,422$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.1%6.8%
  2.6%10.0%
  0.4%2.5%
  3.9%11.0%
  3.3%4.8%
  0.4%0.8%
  8.9%1.9%
  17.3%4.7%
  0.6%1.9%
  18.3%7.6%
  0.0%0.1%
  1.2%4.2%
  12.9%9.3%
  21.9%14.0%
  0.9%2.1%
  2.9%7.0%
  3.0%4.8%
  0.4%4.7%
Reviews for Larchmont
    See all ()

This is a very nice, upscale area with lots of amenities, but too costly for me as I'm approaching retirement. I'm looking to relocate to a much less expensive  More

   |    Reply

Over 17 years ago

Very low crime. Most of the police officers are helping people with health and emergency issues, or dealing with traffic issues. Larchmont has its own police  More

   |    Reply

Over 18 years ago

Larchmont is not affordable to anyone. It is very pretty and super safe but how do you think they are getting this kind of treatment! Average home is $800,000 for a  More

   |    Reply

Start Your Review of Larchmont

Health
Compare Larchmont, NY
cost of living
Compare food, housing, utilities, and more in Larchmont, New York to any other city in the US.