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 2,772 people and two constituent neighborhoods, Sag Harbor is the 493rd 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.
Sag Harbor is a decidedly white-collar village, with fully 88.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Sag Harbor is a village of professionals, sales and office workers, and managers. There are especially a lot of people living in Sag Harbor who work in sales jobs (18.78%), art, media, and design (10.16%), and legal occupations (9.68%).
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.
Also of interest is that Sag Harbor has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 18.97% 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 people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Sag Harbor is a great place for families with children to consider. First of all, many other families with children live here, making Sag Harbor a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Sag Harbor has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Sag Harbor’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
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.
In Sag Harbor, a lot of people use the subway to get to work every day though Sag Harbor is a relatively small village. Those that ride the subway are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Sag Harbor is a pretty powerful place. 60.00% of the adults in Sag Harbor 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 Sag Harbor in 2018 was $71,738, which is wealthy relative to New York and the nation. This equates to an annual income of $286,952 for a family of four. However, Sag Harbor contains both very wealthy and poor people as well.
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. Important ancestries of people in Sag Harbor include Irish, German, English, Italian, and Russian.
The most common language spoken in Sag Harbor is English. Other important languages spoken here include Spanish and French.