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Real Estate Prices & Overview

Shinnecock Hills median real estate price is $1,660,238, which is more expensive than 87.4% of the neighborhoods in New York and 95.6% of the neighborhoods in the U.S.

The average rental price in Shinnecock Hills is currently $5,898, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.1% of the neighborhoods in New York.

Shinnecock Hills is a rural neighborhood (based on population density) located in Southampton, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Shinnecock Hills real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Shinnecock Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Shinnecock Hills. The current real estate vacancy rate here is 49.2%. This is higher than the rate of vacancies in 98.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (42.8%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Southampton, the Shinnecock Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Shinnecock Hills is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Shinnecock Hills is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the Shinnecock Hills neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 49.2%, which is higher than 98.6% of all U.S. neighborhoods.

People

If you're nearing retirement age, or in retirement, the Shinnecock Hills is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.5% of retiree-friendly neighborhoods in New York, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in New York. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

Diversity

Did you know that the Shinnecock Hills neighborhood has more Austrian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Austrian ancestry and 7.8% have Native American ancestry.

Shinnecock Hills is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 96.0% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Shinnecock Hills neighborhood in Southampton are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.6% of the neighborhoods in America. In addition, 4.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 67.1% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Shinnecock Hills neighborhood, 43.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 32.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 4.0% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Shinnecock Hills neighborhood is English, spoken by 66.7% of households. Other important languages spoken here include Spanish, French and Chinese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Shinnecock Hills neighborhood in Southampton, NY, residents most commonly identify their ethnicity or ancestry as Irish (17.9%). There are also a number of people of Italian ancestry (16.3%), and residents who report German roots (10.6%), and some of the residents are also of South American ancestry (8.7%), along with some Native American ancestry residents (7.8%), among others. In addition, 24.4% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Shinnecock Hills neighborhood spend between 15 and 30 minutes commuting one-way to work (34.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.6%) and 8.9% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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