Montauk Station median real estate price is $1,523,150, which is more expensive than 88.3% of the neighborhoods in New York and 96.6% of the neighborhoods in the U.S.
The average rental price in Montauk Station is currently $4,070, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.5% of the neighborhoods in New York.
Montauk Station is a rural neighborhood (based on population density) located in Montauk, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Montauk Station real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Montauk Station neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Montauk Station. The current real estate vacancy rate here is 56.3%. This is higher than the rate of vacancies in 99.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (52.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Montauk, the Montauk Station neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Montauk Station is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Montauk Station is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 56.3% of the residential real estate vacant, the Montauk Station neighborhood claims the distinction of having a higher vacancy rate than 99.2% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
If you are planning to retire in New York, this neighborhood should be on your must-see list. For many reasons, Montauk Station may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New York, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.3% of neighborhoods in NY. If a New York retirement is in your future, this neighborhood should be one of the places you visit.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Montauk Station neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the Montauk Station neighborhood has more Greek and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Greek ancestry and 2.5% have Eastern European ancestry.
Montauk Station is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Montauk Station neighborhood in Montauk are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.6% of the neighborhoods in America. In addition, 5.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 61.1% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Montauk Station neighborhood, 42.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.9%), and 13.0% in manufacturing and laborer occupations.
The most common language spoken in the Montauk Station neighborhood is English, spoken by 91.2% of households. Some people also speak Spanish (6.0%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Montauk Station neighborhood in Montauk, NY, residents most commonly identify their ethnicity or ancestry as Irish (22.3%). There are also a number of people of Italian ancestry (17.1%), and residents who report German roots (7.8%), and some of the residents are also of Polish ancestry (6.1%), along with some English ancestry residents (5.5%), among others. In addition, 10.7% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Montauk Station neighborhood spend under 15 minutes commuting one-way to work (57.1% of working residents), one of the shortest commutes across America.
Here most residents (71.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.