Sag Harbor 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 2,282 people and three constituent neighborhoods, Sag Harbor is the 548th largest community in New York.
Sag Harbor home prices are not only among the most expensive in New York, but Sag Harbor real estate also consistently ranks among the most expensive in America.
Unlike some villages where white-collar or blue-collar occupations dominate the local economy, Sag Harbor is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Sag Harbor is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Sag Harbor who work in sales jobs (13.94%), management occupations (10.43%), and personal care services (9.75%).
Of important note, Sag Harbor is also a village of artists. Sag Harbor has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Sag Harbor’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.29% 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 Sag Harbor is a major vacation destination. Much of the village’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Sag Harbor’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
In addition, Sag Harbor 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.
Sag Harbor 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.
Even though Sag Harbor is a smaller village, it has many people who hop on public transportation – mostly the subway for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Sag Harbor, you'll likely find that many of your neighbors like to as well. Sag Harbor is one of the more educated communities in America, with a full 50.16% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Sag Harbor in 2010 was $64,946, which is wealthy relative to New York and the nation. This equates to an annual income of $259,784 for a family of four.
Sag Harbor is a somewhat ethnically-diverse village. The people who call Sag Harbor home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Sag Harbor residents report their race to be White, followed by Black or African-American. Sag Harbor also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.86% of the village’s residents. Important ancestries of people in Sag Harbor include German, Italian, English, and Russian.
Sag Harbor also has a high percentage of its population that was born in another country: 22.31%.
The most common language spoken in Sag Harbor is English. Other important languages spoken here include Spanish and Greek.