Montauk, NY
Population 4,073 · New York
About Montauk, NY
Montauk is a small town located in New York with a population of 4,073 residents according to the latest US Census Bureau American Community Survey data. The median household income is $129,375 per year, which is 72% above the national median of $75,149. The median age of 51.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Montauk features a median home value of $1,186,400, which is 384% above the national median of $244,900. This places Montauk in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,061, 77% above the national average of $1,163/month. Of the 4,565 total housing units, 81% are owner-occupied (1,305 units) and 19% are renter-occupied (313 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Montauk shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Montauk have an average one-way commute time of 26.3 minutes.
Education & Demographics
48.9% of Montauk residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.6% White, 0.4% Hispanic or Latino, 0.3% Black or African American, and 4.2% Asian residents, with 10.0% of the population being foreign-born.
Cost of Living in Montauk, NY
Compared to national averages, Montauk has a median household income of $129,375 (72% above the national median of $75,149). Home values average $1,186,400, which is 384% above the national median. Monthly rent at $2,061 is 77% above the US average of $1,163. Within New York, Montauk's income is 33% above the state average of $96,987, and home values are 206% above the state median of $387,181.
Why Live in Montauk, NY?
Montauk offers a strong local economy with a median household income of $129,375, well above the national average, and a well-educated community where 48.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,186,400. However, Montauk’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montauk has a population of 4,073 with a median age of 51.2 years. Compare Montauk with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Montauk
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Garden City South | 4,077 | $150,688 | $691,800 | Compare |
| Herricks | 4,077 | $145,000 | $787,700 | Compare |
| Chester | 4,052 | $97,250 | $280,600 | Compare |
| Gordon Heights | 4,095 | $107,317 | $363,700 | Compare |
| Hamilton | 4,038 | $62,000 | $256,700 | Compare |
| Bardonia | 4,022 | $123,750 | $599,000 | Compare |
| Cayuga Heights | 4,018 | $137,132 | $523,600 | Compare |
| Lyncourt | 4,138 | $57,008 | $120,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Montauk With Other Cities
Frequently Asked Questions about Montauk
What is the population of Montauk, NY?
The population of Montauk, NY is 4,073 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Montauk?
The median household income in Montauk, NY is $129,375 per year, which is 72% above the national median of $75,149.
What is the median home value in Montauk?
The median home value in Montauk, NY is $1,186,400, which is 384% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Montauk?
The median monthly rent in Montauk, NY is $2,061, which is 77% above the national average of $1,163/month.
What is the unemployment rate in Montauk?
The unemployment rate in Montauk, NY is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Montauk, NY a good place to live?
Montauk offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,073 and a median age of 51.2, the city appeals to established professionals and retirees.
How educated is Montauk, NY?
48.9% of residents in Montauk aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Montauk?
Key cost-of-living indicators for Montauk, NY: median home value is $1,186,400 (384% above national), median rent is $2,061/month, and median household income is $129,375. The home-value-to-income ratio is 9.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Montauk?
The poverty rate in Montauk, NY is 5.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Montauk, NY?
Montauk's population is 1.6% White, 0.4% Hispanic or Latino, 0.3% Black or African American, 4.2% Asian, and 1.2% two or more races. 10.0% of residents are foreign-born.