Southold is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 6,040 people and two associated neighborhoods, Southold is the 275th largest community in New York.
Southold home prices are not only among the most expensive in New York, but Southold real estate also consistently ranks among the most expensive in America.
Of important note, Southold is also a town of artists. Southold has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Southold’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.28% 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 Southold 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.
In addition, Southold is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Southold is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Southold’s overall crime rate is lower than average for the country.
Southold 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, Southold has a lot of people using taxis to get to and from work every day. Most of these people on taxis are using it to get to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Southold. 54.25% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Southold in 2022 was $76,311, which is wealthy relative to New York and the nation. This equates to an annual income of $305,244 for a family of four.
Southold is a very ethnically-diverse town. The people who call Southold home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Southold residents report their race to be White, followed by Asian. Southold also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.38% of the town’s residents. Important ancestries of people in Southold include Irish, Italian, German, Polish, and English.
The most common language spoken in Southold is English. Other important languages spoken here include Spanish and Polish.