East Hampton is a very small coastal village (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 1,134 people and three constituent neighborhoods, East Hampton is the 716th largest community in New York. East Hampton has an unusually large stock of pre-World War II architecture, making it one of the older and more historic villages.
East Hampton home prices are not only among the most expensive in New York, but East Hampton real estate also consistently ranks among the most expensive in America.
East Hampton is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, East Hampton is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in East Hampton who work in management occupations (23.80%), sales jobs (11.50%), and business and financial occupations (6.68%).
Of important note, East Hampton is also a village of artists. East Hampton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape East Hampton’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.30% 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 East Hampton is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the village’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, East Hampton 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.
It is a fairly quiet village because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) East Hampton has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. East Hampton has few renters and college students. But the biggest reason it is quieter in East Hampton than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, East Hampton may be for you.
East Hampton 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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Despite being a small village, East Hampton 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.
If knowledge is power, East Hampton is a pretty powerful place. 67.61% of the adults in East Hampton have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in East Hampton in 2018 was $131,879, which is wealthy relative to New York and the nation. This equates to an annual income of $527,516 for a family of four. However, East Hampton contains both very wealthy and poor people as well.
East Hampton is a somewhat ethnically-diverse village. The people who call East Hampton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of East Hampton residents report their race to be White, followed by Black or African-American. Important ancestries of people in East Hampton include English, German, Irish, Scottish, and Russian.
East Hampton also has a high percentage of its population that was born in another country: 16.11%.
The most common language spoken in East Hampton is English. Other important languages spoken here include Spanish and Russian.