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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 20.53% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 destination for tourists and seasonal residents. So much of the population is seasonal such that the town’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, 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.

Montauk is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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.

Despite being a small town, Montauk has a lot of people using the subway to get to and from work every day. Most of these people on the subway are using it to get 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.