Living in Hempstead, New York

Cost of living, income, home prices, rent and demographics of Hempstead · Census data 2020–2024

Hempstead has 58,801 residents with a median age of 38.1. The median household income is $90,420 (5% higher than the New York median), the median home value is $459,500, the median rent is $1,622/month.

Hempstead at a glance

Population
58,801
Median age
38.1State: 39.8
Median household income
$90,420State: $85,974
Median home value
$459,500State: $423,800
Median rent
$1,622/moState: $1,621
Homeowners
47.5%
Bachelor's degree or higher
21.5%
Average commute
33 min

Is Hempstead a good place to live?

Pros: Median household income 5% higher than the New York median.

Cons: Home values 8% higher than the state median; an average commute of 33 minutes; unemployment of 9.2%; a poverty rate of 14.4%.

The weather is best in May–June and August–September.

Cost of living in Hempstead

Housing is the biggest part of the cost of living. In Hempstead the median home value is $459,500, 38% higher than the U.S. median. Renters pay a median of $1,622 per month, which is 33% of household income. Homeowners with a mortgage pay $3,339 a month in housing costs.

Median home value

Hempstead$459,500
New York$423,800
United States$332,700

Median monthly rent

Hempstead$1,622
New York$1,621
United States$1,413

Hempstead median household income

The median household income in Hempstead is $90,420 and the income per person is $34,304. 14.4% of residents live below the poverty line (New York: 14%).

Median household income

Hempstead$90,420
New York$85,974
United States$80,734

Housing in Hempstead: homes for sale and rent

Housing units
18,747
Owner-occupied
47.5%
Renter-occupied
52.5%
Vacant
8.7%Includes seasonal homes
Median year built
1958
Average household size
3.37

Hempstead demographics

Population
58,801
Median age
38.1
Under 18
22.7%
65 and older
13.2%
Households
17,108
Foreign-born
38.6%
Veterans
1.9%Adults 18+

Race and ethnicity

White5.9%
Hispanic or Latino45.3%
Black45%
Asian2.8%

Hispanic or Latino can be of any race. Population history of Hempstead ›

Education in Hempstead

21.5% of adults 25 and older in Hempstead have a bachelor's degree or higher (New York: 40.2%), and 9.8% have a graduate or professional degree.

Bachelor's degree or higher

Hempstead21.5%
New York40.2%
United States35.7%

Jobs and commute in Hempstead

Unemployment rate
9.2%State: 6.4%
Average commute
33 minState: 33 min
Work from home
7.3%
Drive alone
55.9%
Public transit
19.2%
Walk to work
1.7%
Homes with broadband
91.3%

Hempstead vs nearby towns

TownPopulationMedian incomeHome valueRent
Hempstead58,801$90,420$459,500$1,622
Uniondale33,148$124,684$539,000$2,494
South Hempstead3,108$156,023$601,000$2,267
West Hempstead20,648$164,127$653,600$2,967
Garden City22,941$244,152$1,075,900$3,265
Garden City South4,075$136,164$740,400$2,638
Lakeview5,825$118,777$565,300$2,959
Roosevelt18,885$135,069$477,400$2,565
Malverne Park Oaks635$144,205$488,200—

More for people moving to Hempstead

Hempstead ZIP code ›Weather and climate ›

Living in Hempstead: FAQ

What is the median household income in Hempstead, NY?

The median household income in Hempstead is $90,420, 5% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Hempstead?

The median home value in Hempstead is $459,500, compared with $423,800 in New York.

How much is rent in Hempstead?

The median gross rent in Hempstead is $1,622 per month, about 33% of household income.

Is Hempstead, NY a good place to live?

Pluses: median household income 5% higher than the New York median. Minuses: home values 8% higher than the state median; an average commute of 33 minutes; unemployment of 9.2%; a poverty rate of 14.4%.

What is the median age in Hempstead?

The median age in Hempstead is 38.1 years (New York: 39.8).

How long is the commute in Hempstead?

The average commute to work in Hempstead is 33 minutes; 7.3% of workers work from home.

What is the unemployment rate in Hempstead?

The unemployment rate in Hempstead is 9.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hempstead?

21.5% of adults in Hempstead have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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