{"id":9919,"date":"2012-09-13T11:02:38","date_gmt":"2012-09-13T15:02:38","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=9919"},"modified":"2014-07-07T05:44:36","modified_gmt":"2014-07-07T09:44:36","slug":"second-home-market-in-the-hamptons-infographic","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/09\/13\/second-home-market-in-the-hamptons-infographic\/","title":{"rendered":"Second-home market in the Hamptons &#8211; Infographic"},"content":{"rendered":"<p><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/09\/Infographic_final2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9942\" title=\"Who owns vacation homes in the Hamptons?\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/09\/Infographic_final2.png\" alt=\"Hamptons vacation homes\" width=\"655\" height=\"1486\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/09\/Infographic_final2.png 655w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/09\/Infographic_final2.png?resize=132,300 132w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/09\/Infographic_final2.png?resize=564,1280 564w\" sizes=\"auto, (max-width: 655px) 100vw, 655px\" \/><\/a><\/p>\n<p><span style=\"font-family: Arial; font-size: 13pt;\"><strong>Embed the image below on your site:<\/strong><\/span><\/p>\n<div style=\"background-color: #e4e4e4;\"><span style=\"font-family: Arial;\">&lt;a href=&#8221;http:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/09\/13\/second-home-market-in-the-hamptons-infographic\/&#8221;&gt;&lt;img src=&#8221;http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/09\/Infographic_final2.png&#8221;&gt;&lt;\/a&gt;&lt;br&gt;Via: &lt;a href=&#8221;http:\/\/www.propertyshark.com\/&#8221;&gt;PropertyShark&lt;\/a&gt;<br \/>\n<\/span><\/div>\n<p><span style=\"font-family: Arial; font-size: 13pt;\"><strong>Infographic Transcription<\/strong><\/span><br \/>\n<span style=\"font-style: italic; font-family: Arial;\"><br \/>\nWho Owns Vacation Homes in the Hamptons?<br \/>\nAn illustrated overview of the second-home market in the Hamptons<br \/>\nCompiled by <a href=\"http:\/\/www.propertyshark.com\" target=\"_blank\">PropertyShark.com<\/a><\/span><\/p>\n<p><span style=\"font-style: italic; font-family: Arial;\"><br \/>\nNews about big sales and celebrity properties tends to go hand in hand when talking about the Hamptons. \u00a0As a result, we wanted to draw a general picture of current vacation home ownership in the Hamptons.<br \/>\nA look at all the residential properties reveals that 60% are vacation homes; i.e., the owner\u2019s permanent address is different from the address of his or her Hampton\u2019s residence.<br \/>\n<\/span><\/p>\n<p><span style=\"font-style: italic; font-family: Arial;\">Number of Owners by Location<br \/>\nIt\u2019s no surprise that 42% of all Hamptons vacation homes are owned by New Yorkers, and more precisely, 35% are owned by Manhattan residents.<br \/>\nOther New York State counties at the top of the list include Suffolk, Nassau and Westchester County (see infograph for numbers), followed distantly by Rockland (165 owners), Orange (82) and Franklin (46).<br \/>\nHamptons <a href=\"https:\/\/www.propertyshark.com\/mason\/text\/infopages\/Property-Owners.html\" target=\"_blank\">property owners<\/a> come from other states as well:\u00a0 New Jersey, Florida, Connecticut, California (see infograph for numbers) and Pennsylvania (144 owners), followed by Massachusetts (117), Maryland (103) and Virginia (102).<br \/>\nForeign ownership accounts for almost 100 Hamptons vacation homes. British owners (75% of foreign owners) are the most prominent.<br \/>\n<\/span><\/p>\n<p><span style=\"font-style: italic; font-family: Arial;\">Asset Value and Tax Volume Amount<br \/>\nManhattan residents have invested more than $20 billion in their Hamptons vacation homes, and therefore they pay the most <a href=\"https:\/\/www.propertyshark.com\/mason\/text\/infopages\/Property-Tax-Records.html\" target=\"_blank\">property tax<\/a>. Data shows that more than $100 million was paid on taxes in 2011 (44%), and the average tax amount went beyond $10,000.<br \/>\nOwners from New Jersey and Connecticut (close to 2,000) pay almost $17 million in taxes for their Hamptons vacation homes.<br \/>\nTaxes paid by foreign owners represent only 0.5% of the total tax amount ($1.15 million).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s no surprise that 42% of all Hamptons vacation homes are owned by New Yorkers, and more precisely, 35% are owned by Manhattan residents.<\/p>\n","protected":false},"author":30,"featured_media":14837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[247,337],"tags":[66,594,593],"class_list":["post-9919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hamptons-real-estate","category-long-island-real-estate","tag-hamptons-homes-for-sale","tag-new-york-property-tax","tag-vacation-homes-hamptons"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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Infographic - PropertyShark Real Estate Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/09\/13\/second-home-market-in-the-hamptons-infographic\/","og_locale":"en_US","og_type":"article","og_title":"Second-home market in the Hamptons - Infographic","og_description":"It\u2019s no surprise that 42% of all Hamptons vacation homes are owned by New Yorkers, and more precisely, 35% are owned by Manhattan residents.","og_url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/09\/13\/second-home-market-in-the-hamptons-infographic\/","og_site_name":"PropertyShark Real Estate Blog","article_published_time":"2012-09-13T15:02:38+00:00","article_modified_time":"2014-07-07T09:44:36+00:00","og_image":[{"width":641,"height":428,"url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2012\/09\/hampton-vacation-homes.jpg","type":"image\/jpeg"}],"author":"Roxana Baiceanu","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Roxana Baiceanu","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/09\/13\/second-home-market-in-the-hamptons-infographic\/","url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2012\/09\/13\/second-home-market-in-the-hamptons-infographic\/","name":"Second-home market in the Hamptons - 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