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    Munsey Park, NY

    This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.



    Overview

    Munsey Park is a very small village located in the state of New York. With a population of 2,778 people and just one neighborhood, Munsey Park is the 490th largest community in New York. Much of the housing stock in Munsey Park was built prior to World War II, 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.

    Occupations and Workforce

    Munsey Park is a decidedly white-collar village, with fully 97.41% of the workforce employed in white-collar jobs, well above the national average. Overall, Munsey Park is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Munsey Park who work in office and administrative support (17.59%), business and financial occupations (17.00%), and management occupations (15.00%).

    A relatively large number of people in Munsey Park telecommute to their jobs. Overall, about 39.67% 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.

    Setting & Lifestyle

    In addition, Munsey Park is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.

    Because of many things, Munsey Park 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, Munsey Park really has some of the features that families look for when choosing a good community to raise children. Is Munsey Park 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 Munsey Park, however, the average commute to work is quite long. On average, people spend 37.55 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. In addition, the village is also quite pedestrian-friendly, because many neighborhoods are very dense 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.

    Demographics

    If knowledge is power, Munsey Park is a pretty powerful place. 86.12% of the adults in Munsey Park have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

    The per capita income in Munsey Park in 2022 was $147,775, which is wealthy relative to New York and the nation. This equates to an annual income of $591,100 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, German, Polish, and Greek.

    Foreign born people are also an important part of Munsey Park's cultural character, accounting for 17.13% of the village’s population.

    The most common language spoken in Munsey Park is English. Other important languages spoken here include Chinese and Spanish.

    Notable & Unique Neighborhood Characteristics

    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 99.9% 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, highly educated executives and college students.

    In addition, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the neighborhood is wealthier than 99.3% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.

    Also, the rate of college educated adults in the neighborhood is a unique characteristic of the neighborhood. 86.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.1% of all U.S. neighborhoods.

    Real Estate

    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 99.7% 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.

    In addition, one way that the neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.5% 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.

    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 95.9% of all American neighborhoods.

    Modes of Transportation

    In the neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 39.7% 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 98.1% 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.

    Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.3% of the neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.0% of America's neighborhoods.

    Diversity

    Did you know that the neighborhood has more Greek and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.8% of this neighborhood's residents have Greek ancestry and 1.9% have Armenian 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.

    The Neighbors

    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 99.3% of the neighborhoods in America. In addition, 3.5% 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 68.8% of America's neighborhoods.

    The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

    In the neighborhood, 63.0% 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 18.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.9%), and 4.6% 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 74.9% of households. Other important languages spoken here include Chinese, Spanish, Italian and French.

    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 Asian (21.5%). There are also a number of people of Irish ancestry (20.3%), and residents who report Italian roots (17.5%), and some of the residents are also of German ancestry (9.0%), along with some Polish ancestry residents (8.5%), among others. In addition, 17.1% of the residents of this neighborhood were born in another country.

    Getting to Work

    Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 45 minutes and one hour commuting one-way to work (45.9% of working residents), longer and tougher than most commutes in America.

    Here most residents (30.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

    Real Estate includes:
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    Rental Market
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    Economics & Demographics include:
    Lifestyle & Special Character
    Household Types
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    Migration & Mobility
    Race & Ethnic Diversity
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    Income & Unemployment Rate
    Higher Education Attainment
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    Crime includes:
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    Schools include:
    School Ratings
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