Southold is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 6,040 people and two associated neighborhoods, Southold is the 275th largest community in New York.
Southold home prices are not only among the most expensive in New York, but Southold real estate also consistently ranks among the most expensive in America.
Of important note, Southold is also a town of artists. Southold has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Southold’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.19% 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 Southold 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.
Because of many things, Southold is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Southold really has some of the features that families look for when choosing a good community to raise children. Is Southold perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Southold 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.
In Southold, a lot of people use taxis to get to work every day though Southold is a relatively small town. Those that ride taxis are primarily traveling out of town to good jobs in other cities.
The education level of Southold ranks among the highest in the nation. Of the 25-and-older adult population in Southold, 46.66% 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 Southold in 2022 was $72,072, which is wealthy relative to New York and the nation. This equates to an annual income of $288,288 for a family of four.
Southold is a very ethnically-diverse town. The people who call Southold home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Southold residents report their race to be White, followed by Asian. Southold also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.14% of the town’s residents. Important ancestries of people in Southold include German, Irish, Italian, English, and Polish.
In addition, Southold has a lot of people living here who were born outside of the US (15.24%).
The most common language spoken in Southold is English. Other important languages spoken here include Spanish and Polish.