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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 33.91% 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 Shelter Island Heights - Shelter Island is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.

In addition, Shelter Island Heights - Shelter Island 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.

Shelter Island Heights - Shelter Island is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town鈥檚 good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Shelter Island Heights - Shelter Island鈥檚 overall crime rate is lower than average for the country.

Shelter Island Heights - Shelter Island 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 Shelter Island Heights - Shelter Island is a smaller town, it has many people who hop on public transportation 鈥� mostly a ferryboat for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.

Demographics

If knowledge is power, Shelter Island Heights - Shelter Island is a pretty powerful place. 56.67% of the adults in Shelter Island Heights - Shelter Island 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 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.

Shelter Island Heights - Shelter Island also has a high percentage of its population that was born in another country: 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

is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. 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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 57.8% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 99.3% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

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

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a 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

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

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

How you get to work 鈥� car, bus, train or other means 鈥� and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. 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.

蘑菇视频

Match

Create