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Amagansett

Learn about the people, housing, costs and businesses in Amagansett, New York

Median Home$1,857,100
Population741
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration23% arts, food & hospitality
Home Value Growth⬆⬆+18.3% over 2 years
Retirees29% of residentswell above average
Homeowners84% of occupied units
NotableHighly Educated53% bachelor's · 22% graduate · top 1% nationally
NotableTransit96/100 · excellent transit access
Amagansett
NY

Frequently Asked Questions

What are today's mortgage rates in Amagansett?

As of today, the 30-year fixed mortgage rate for Amagansett is approximately 6.993% (7.025% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Amagansett?

The median home value in Amagansett is $1.9M. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Amagansett?

Home values in Amagansett have increased 18.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Amagansett?

Based on a typical all-in ownership cost of $3,415/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $146k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Amagansett is $123k/year.

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What industries drive the economy in Amagansett?

The largest employment sectors in Amagansett are public administration (37%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.