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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 97.89% 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 office and administrative support (16.95%), business and financial occupations (16.48%), and management occupations (16.09%).

    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.

    A relatively large number of people in Munsey Park telecommute to their jobs. Overall, about 37.77% 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 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.

    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.

    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 38.80 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.

    In Munsey Park, a lot of people use the train to get to work every day though Munsey Park is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.

    Demographics

    Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Munsey Park. 90.03% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

    The per capita income in Munsey Park in 2022 was $135,151, which is wealthy relative to New York and the nation. This equates to an annual income of $540,604 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 Greek.

    In addition, Munsey Park has a lot of people living here who were born outside of the US (15.78%).

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

    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 highly educated executives and families with school-aged children.

    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 35.0% 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, 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 99.4% 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.

    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 99.5% 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.

    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 99.3% 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 98.8% 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 37.8% 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 98.5% 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 25.4% of the neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.9% of America's neighborhoods.

    Diversity

    Did you know that the neighborhood has more Greek and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Greek ancestry and 2.9% have Lithuanian 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

    How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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 99.4% of the neighborhoods in America. With 10.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.0% of U.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, 67.2% 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 17.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.5%), and 3.8% 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 78.9% of households. Other important languages spoken here include Chinese, Italian and Spanish.

    Ethnicity / Ancestry

    Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

    In the neighborhood in Munsey Park, NY, residents most commonly identify their ethnicity or ancestry as Irish (22.0%). There are also a number of people of Italian ancestry (20.4%), and residents who report Asian roots (19.9%), and some of the residents are also of Polish ancestry (12.0%), along with some German ancestry residents (7.9%), among others. In addition, 15.8% of the residents of this neighborhood were born in another country.

    Getting to Work

    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 (44.0% of working residents), longer and tougher than most commutes in America.

    Here most residents (31.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (25.4%) . 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
    Housing Market Details
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    Economics & Demographics include:
    Lifestyle & Special Character
    Household Types
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    Migration & Mobility
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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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