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Babylon - Town vs. County Stats

Babylon - Town vs. County Stats

Avg Price in Babylon: $670,500 / County Avg $798,800

42%

Avg Taxes in Babylon: $15,500 / County Avg $12,100

64%

Avg Sq. Ft. in Babylon: 2,764 / County Avg 2,923

47%

Avg Price per/ft2 in Babylon: $243 / County Avg $273

89%

Avg Walkscore in Babylon: 40 / County Avg 27

73%

Avg Year Built in Babylon: 1965 / County Avg 1974

50%

Avg Days on Website in Babylon: 105 / County Avg 114

46%

Babylon Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales
LIVING IN BABYLON

Babylon is a somewhat small coastal village (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 12,079 people and three constituent neighborhoods, Babylon is the 153rd largest community in New York.

Babylon home prices are not only among the most expensive in New York, but Babylon real estate also consistently ranks among the most expensive in America.

Babylon is a decidedly white-collar village, with fully 85.47% of the workforce employed in white-collar jobs, well above the national average. Overall, Babylon is a village of professionals, sales and office workers, and managers. There are especially a lot of people living in Babylon who work in management occupations (15.67%), teaching (12.37%), and office and administrative support (11.46%).

Also of interest is that Babylon has more people living here who work in computers and math than 95% of the places in the US.
In addition, Babylon is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Babylon 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, Babylon’s overall crime rate is lower than average for the country.

One of the nice things about Babylon is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

One downside of living in Babylon, however, is that residents on average have to contend with a long commute, spending on average 31.06 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

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

The education level of Babylon ranks among the highest in the nation. Of the 25-and-older adult population in Babylon, 42.60% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Babylon in 2010 was $45,614, which is wealthy relative to New York and the nation. This equates to an annual income of $182,456 for a family of four.

Babylon is a somewhat ethnically-diverse village. The people who call Babylon home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Babylon residents report their race to be White, followed by Asian. Important ancestries of people in Babylon include Irish, German, English, and Polish.

The most common language spoken in Babylon is English. Other important languages spoken here include Spanish and Italian.

MEDIAN HOME VALUE:
$482,761
BABYLON, NY HOME PRICES
% OF HOMES
3.9%3.9%
3.5%3.5%
23.2%23.2%
28.4%28.4%
30.3%30.3%
8.6%8.6%
0.4%0.4%
0.2%0.2%
1.6%1.6%
NeighborhoodScout.com
> $1,122,000 $842,001 - $1,122,000 $561,001 - $842,000 $448,001 - $561,000 $336,001 - $448,000 $225,001 - $336,000 $112,001 - $225,000 $56,001 - $112,000 $0 - $56,000 0.0%100.0%
VALUE RELATIVE TO NATION
VALUE RELATIVE TO STATE

NUMBER OF HOMES AND APARTMENTS:
4,434
Neighborhoods in Babylon NY
Babylon