East Hampton is a very small coastal village (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 1,134 people and three constituent neighborhoods, East Hampton is the 716th largest community in New York. East Hampton has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
East Hampton home prices are not only among the most expensive in New York, but East Hampton real estate also consistently ranks among the most expensive in America.
Unlike some villages, East Hampton isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in East Hampton are a mix of both white- and blue-collar jobs. Overall, East Hampton is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in East Hampton who work in management occupations (23.80%), sales jobs (11.50%), and business and financial occupations (6.68%).
Of important note, East Hampton is also a village of artists. East Hampton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape East Hampton’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.30% 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 East Hampton is a major vacation destination. Much of the village’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, East Hampton’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
In addition, East Hampton 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.
Residents will find that the village is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, East Hampton is worth considering.
One of the nice things about East Hampton 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 East Hampton, a lot of people use the subway to get to work every day though East Hampton is a relatively small village. Those that ride the subway are primarily traveling out of town 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 East Hampton. 67.61% 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 East Hampton in 2018 was $131,879, which is wealthy relative to New York and the nation. This equates to an annual income of $527,516 for a family of four. However, East Hampton contains both very wealthy and poor people as well.
East Hampton is a somewhat ethnically-diverse village. The people who call East Hampton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of East Hampton residents report their race to be White, followed by Black or African-American. Important ancestries of people in East Hampton include English, German, Irish, Scottish, and Russian.
In addition, East Hampton has a lot of people living here who were born outside of the US (16.11%).
The most common language spoken in East Hampton is English. Other important languages spoken here include Spanish and Russian.