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 an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.
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.
Despite being a small town, Montauk has a lot of people using the subway to get to and from work every day. Most of these people on the subway are using it to get to good jobs in other cities.
Do you like to read, write and learn? If you move to Montauk, you'll likely find that many of your neighbors like to as well. Montauk is one of the more educated communities in America, with a full 53.14% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
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.