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New York · Census place 50353

New Hempstead village, NY

Quick answer

New Hempstead village has 5,431 residents, ranking #341 of 1292 places in New York. Median household income is $131,293, the median home is worth $707,300 and median gross rent runs $2,409 a month.

Population
5,431New Hempstead village residents
Median household income
$131,293Past 12 months, inflation adjusted
Median home value
$707,300Owner-occupied units
Median gross rent
$2,409Rent plus utilities, monthly
Median age
37.3 yrsAll residents
Homeownership rate
96.7%Owner-occupied households

What the numbers mean in New Hempstead village

Housing cost measured against local earnings.

A household earning the New Hempstead village median would spend about 22% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.7% of residents and 96.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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