Munsey Park is a very small village located in the state of New York. With a population of 2,765 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.
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.
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.
Munsey Park is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Munsey Park’s overall crime rate is lower than average for the country.
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.
Even though Munsey Park is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
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.
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.
According to NeighborhoodScout's exclusive analysis, is among the best neighborhoods for families in New York. In fact, this neighborhood is more family-friendly than 99.9% of neighborhoods in the entire state of New York. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates, highly educated executives and college students.
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, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.6% of America's neighborhoods are wealthier than the neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
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, the neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.8% of all neighborhoods in America.
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.
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.
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 99.4% 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.
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.
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.
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 (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.