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.
A relatively large number of people in Montauk telecommute to their jobs. Overall, about 20.31% 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.
Another notable thing is that Montauk is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Because of many things, Montauk is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Montauk really has some of the features that families look for when choosing a good community to raise children. Is Montauk perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One of the nice things about Montauk 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.
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.