Montauk is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 4,318 people and two associated neighborhoods, Montauk is the 364th largest community in New York.

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

One interesting thing about the economy is that relatively large numbers of people worked from their home: 20.31% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

Another notable thing is that Montauk is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Montauk’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

Because of many things, Montauk is a great place for families with children to consider. First of all, many other families with children live here, making Montauk a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Montauk has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Montauk’s overall crime rate is lower than average for the country.

Montauk is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

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

If knowledge is power, Montauk is a pretty powerful place. 53.14% of the adults in Montauk 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 Montauk in 2022 was $96,487, which is wealthy relative to New York and the nation. This equates to an annual income of $385,948 for a family of four. However, Montauk contains both very wealthy and poor people as well.

The people who call Montauk home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Montauk residents report their race to be White, followed by Black or African-American. Important ancestries of people in Montauk include Irish, English, Italian, German, and European.

The most common language spoken in Montauk is English. Other important languages spoken here include Spanish and Other Indo-European.