Sagaponack is a tiny coastal village (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 323 people and just one neighborhood, Sagaponack is the 891st largest community in New York.
Real Estate Prices
Sagaponack home prices are not only among the most expensive in New York, but Sagaponack real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Sagaponack is a decidedly white-collar village, with fully 93.68% of the workforce employed in white-collar jobs, well above the national average. Overall, Sagaponack is a village of professionals, managers and sales and office workers. There are especially a lot of people living in Sagaponack who work in management occupations (21.05%), sales jobs (18.95%) and art, media, and design (10.53%).
Of important note, Sagaponack is also a village of artists. Sagaponack has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Sagaponack’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 42.55% 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.
Setting & Lifestyle
Another notable thing is that Sagaponack 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, Sagaponack 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.
Because of many things, Sagaponack 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, Sagaponack really has some of the features that families look for when choosing a good community to raise children. Is Sagaponack 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.
Residents will find that the village 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, Sagaponack is worth considering.
One of the nice things about Sagaponack 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.
Residents of the village have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 14.81 minutes getting to work every day.
In Sagaponack, a lot of people use the subway to get to work every day though Sagaponack is a relatively small village. Those that ride the subway are primarily traveling out of town to good jobs in other cities.