According to a 2007 estimate, the median income for a household in the town was $160,274, and the median income for a family was $195,905. As of the 2000 Census, males had a median income of $100,000 versus $59,313 for females. The per capita income for the town was $77,519. 2.0% of the population and 0.6% of families were below the poverty line. Out of the total people living in poverty, 1.6% are under the age of 18 and 2.6% are 65 or older.