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 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, Montauk 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.
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.
Montauk 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.
Even though Montauk is a smaller town, it has many people who hop on public transportation – mostly the subway for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Montauk is one of the most well-educated cities in the nation. 49.43% of adults in Montauk have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
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.