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 1,531 people and seven associated neighborhoods, East Hampton is the 678th 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.
Telecommuters are a relatively large percentage of the workforce: 17.69% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the village’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.
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.
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.
If knowledge is power, East Hampton is a pretty powerful place. 66.63% of the adults in East Hampton 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 East Hampton in 2022 was $115,428, which is wealthy relative to New York and the nation. This equates to an annual income of $461,712 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. East Hampton also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.54% of the village’s residents. Important ancestries of people in East Hampton include English, German, Irish, Russian, and Italian.
East Hampton also has a high percentage of its population that was born in another country: 20.55%.
The most common language spoken in East Hampton is English. Other important languages spoken here include Spanish and French.