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 20.53% 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 a major vacation destination. Much of the town’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, Montauk’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
In addition, Montauk is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
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 ranks among the lowest in the country, making it one of the safest places to raise a family.
Residents will find that the town 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, Montauk is worth considering.
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.
The education level of Montauk ranks among the highest in the nation. Of the 25-and-older adult population in Montauk, 49.43% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Montauk in 2022 was $83,843, which is wealthy relative to New York and the nation. This equates to an annual income of $335,372 for a family of four.
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, Italian, German, English, and Russian.
The most common language spoken in Montauk is English. Other important languages spoken here include Spanish and Other Indo-European.