Shelter Island Heights - Shelter Island, NY - 11964 - Real Estate Market Appreciation & Housing Market Trends

Overview

Shelter Island Heights - Shelter Island is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 3,292 people and just one neighborhood, Shelter Island Heights - Shelter Island is the 446th largest community in New York.

Shelter Island Heights - Shelter Island home prices are not only among the most expensive in New York, but Shelter Island Heights - Shelter Island real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

Because occupations involving physical labor dominate the local economy, Shelter Island Heights - Shelter Island is generally considered to be a blue-collar town. 40.26% of the Shelter Island Heights - Shelter Island workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Shelter Island Heights - Shelter Island is a town of professionals, transportation and shipping workers, and managers. There are especially a lot of people living in Shelter Island Heights - Shelter Island who work in business and financial occupations (9.53%), office and administrative support (7.25%), and management occupations (6.59%).

Also of interest is that Shelter Island Heights - Shelter Island has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Shelter Island Heights - Shelter Island is also a town of artists. Shelter Island Heights - Shelter Island has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Shelter Island Heights - Shelter Island鈥檚 character.

Telecommuters are a relatively large percentage of the workforce: 33.91% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 Shelter Island Heights - Shelter Island is a major vacation destination. Much of the town鈥檚 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, Shelter Island Heights - Shelter Island鈥檚 population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

In addition, Shelter Island Heights - Shelter Island 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.

Because of many things, Shelter Island Heights - Shelter Island 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, Shelter Island Heights - Shelter Island really has some of the features that families look for when choosing a good community to raise children. Is Shelter Island Heights - Shelter Island 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.

One of the nice things about Shelter Island Heights - Shelter Island 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.

In Shelter Island Heights - Shelter Island, a lot of people use a ferryboat to get to work every day though Shelter Island Heights - Shelter Island is a relatively small town. Those that ride a ferryboat are primarily traveling out of town to good jobs in other cities.

Demographics

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Shelter Island Heights - Shelter Island. 56.67% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Shelter Island Heights - Shelter Island in 2022 was $63,652, which is wealthy relative to New York and the nation. This equates to an annual income of $254,608 for a family of four. However, Shelter Island Heights - Shelter Island contains both very wealthy and poor people as well.

Shelter Island Heights - Shelter Island is an extremely ethnically-diverse town. The people who call Shelter Island Heights - Shelter Island home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Shelter Island Heights - Shelter Island residents report their race to be White, followed by Asian. Shelter Island Heights - Shelter Island also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.54% of the town鈥檚 residents. Important ancestries of people in Shelter Island Heights - Shelter Island include Irish, Italian, European, German, and Polish.

In addition, Shelter Island Heights - Shelter Island has a lot of people living here who were born outside of the US (15.00%).

The most common language spoken in Shelter Island Heights - Shelter Island is English. Other important languages spoken here include Spanish and Italian.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to 蘑菇视频's exclusive exploration and analysis.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the neighborhood, 蘑菇视频 has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 57.8%, which is higher than 99.3% of all U.S. neighborhoods.

People

In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, has the amazing distinction of housing more same sex couples living together than 98.4% of neighborhoods in the U.S. If you are seeking such a neighborhood, 蘑菇视频's analysis shows that this is one place that you should consider.

Also, if you are planning to retire in New York, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to 蘑菇视频's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New York, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.9% of neighborhoods in NY. If a New York retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates, families with school-aged children and highly educated executives.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. 蘑菇视频's research revealed that 7.7% of the neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.9% of America's neighborhoods.

Also, a unique way of commuting is simply not to. And in the neighborhood, analysis shows that 33.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.1% of the neighborhoods in the United States. One thing 蘑菇视频's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The neighborhood stands out for its commute length, according to 蘑菇视频's analysis. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than 蘑菇视频 found in 95.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the neighborhood has more Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.3% of this neighborhood's residents have Irish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Shelter Island Heights - Shelter Island are wealthy, making it among the 15% highest income neighborhoods in America. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 87.6% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the neighborhood, 45.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 40.3% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (10.2%), and 7.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 81.3% of households. Some people also speak Spanish (15.8%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture 鈥� some more unique than others 鈥� based on lifestyle, occupations, the types of households 鈥� and importantly 鈥� on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the neighborhood in Shelter Island Heights - Shelter Island, NY, residents most commonly identify their ethnicity or ancestry as Irish (25.3%). There are also a number of people of Mexican ancestry (14.0%), and residents who report Italian roots (12.7%), and some of the residents are also of German ancestry (9.1%), along with some Asian ancestry residents (5.3%), among others. In addition, 15.0% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (59.2% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (9.8%) who commute over an hour in each direction.

Here most residents (45.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.8%) and 7.7% of residents also ride a ferry for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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