Babylon: Key Information
The labor force participation rate in Babylon is 67.9%, with an unemployment rate of 5%. For everyone located in the labor pool, the typical commute time is 32.9 minutes. 11.1% of Babylon’s community have a grad diploma, and 17.2% posses a bachelors degree. For those without a college degree, 28.1% attended some college, 32.9% have a high school diploma, and only 10.8% have received an education significantly less than twelfth grade. 4.9% are not covered by medical insurance.
The typical family unit size in Babylon, NY is 3.72 family members, with 76.1% being the owner of their very own homes. The average home cost is $361187. For those people renting, they pay an average of $1677 per month. 62.8% of families have 2 incomes, and an average household income of $94011. Median income is $37177. 7.9% of citizens live at or below the poverty line, and 10.6% are handicapped. 4.7% of residents are veterans regarding the armed forces.
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