Living in Montauk, New York
Cost of living, income, home prices, rent and demographics of Montauk · Census data 2020–2024
Montauk has 4,223 residents with a median age of 44.7. The median household income is $142,961 (66% higher than the New York median), the median home value is $1,356,600, the median rent is $2,313/month.
Montauk at a glance
- Population
- 4,223
- Median age
- 44.7State: 39.8
- Median household income
- $142,961State: $85,974
- Median home value
- $1,356,600State: $423,800
- Median rent
- $2,313/moState: $1,621
- Homeowners
- 78.7%
- Bachelor's degree or higher
- 53.1%
- Average commute
- 23 min
Is Montauk a good place to live?
Pros: Median household income 66% higher than the New York median; an average commute of 23 minutes; unemployment of 5.5%; a poverty rate of 6.1%.
Cons: Home values 220% higher than the state median.
The weather is best in June to September.
Cost of living in Montauk
Housing is the biggest part of the cost of living. In Montauk the median home value is $1,356,600, 308% higher than the U.S. median. Renters pay a median of $2,313 per month, which is 26.8% of household income. Homeowners with a mortgage pay $3,302 a month in housing costs.
Montauk median household income
The median household income in Montauk is $142,961 and the income per person is $96,487. 6.1% of residents live below the poverty line (New York: 14%).
Housing in Montauk: homes for sale and rent
- Housing units
- 4,585
- Owner-occupied
- 78.7%
- Renter-occupied
- 21.3%
- Vacant
- 64.8%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.54
64.8% of homes are vacant most of the year, a sign that Montauk has many vacation and second homes.
Montauk demographics
- Population
- 4,223
- Median age
- 44.7
- Under 18
- 21%
- 65 and older
- 20%
- Households
- 1,615
- Foreign-born
- 10.1%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Montauk ›
Education in Montauk
53.1% of adults 25 and older in Montauk have a bachelor's degree or higher (New York: 40.2%), and 19.2% have a graduate or professional degree.
Jobs and commute in Montauk
- Unemployment rate
- 5.5%State: 6.4%
- Average commute
- 23 minState: 33 min
- Work from home
- 20.3%
- Drive alone
- 65.7%
- Public transit
- 4.3%
- Walk to work
- 3.6%
- Homes with broadband
- 87.7%
Montauk vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montauk | 4,223 | $142,961 | $1,356,600 | $2,313 |
| Amagansett | 821 | $166,875 | $1,671,900 | — |
| Springs | 9,163 | $144,836 | $948,500 | $3,332 |
| East Hampton North | 6,006 | $109,035 | $1,077,000 | $1,964 |
| Northwest Harbor | 5,205 | $160,375 | $1,573,300 | $1,807 |
| East Hampton | 1,297 | $106,250 | $2,000,001 | $2,620 |
| Wainscott | 612 | $130,833 | $2,000,001 | — |
| Sag Harbor | 2,489 | $129,821 | $1,615,900 | $3,501 |
| Orient | 1,121 | $94,261 | $973,700 | — |
More for people moving to Montauk
Montauk ZIP code ›Weather and climate ›Living in Montauk: FAQ
What is the median household income in Montauk, NY?
The median household income in Montauk is $142,961, 66% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Montauk?
The median home value in Montauk is $1,356,600, compared with $423,800 in New York.
How much is rent in Montauk?
The median gross rent in Montauk is $2,313 per month, about 26.8% of household income.
Is Montauk, NY a good place to live?
Pluses: median household income 66% higher than the New York median; an average commute of 23 minutes; unemployment of 5.5%; a poverty rate of 6.1%. Minuses: home values 220% higher than the state median.
What is the median age in Montauk?
The median age in Montauk is 44.7 years (New York: 39.8).
How long is the commute in Montauk?
The average commute to work in Montauk is 23 minutes; 20.3% of workers work from home.
What is the unemployment rate in Montauk?
The unemployment rate in Montauk is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montauk?
53.1% of adults in Montauk have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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