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Hempstead, NY

Full City Profile · New York · Nassau County County

2.7 /5.0
C+ Fair
58,569 Population 15,872/sq mi density
$82,454 Median Income $33,415 per capita
$442,100 Home Value $616,733 Zillow
$1,649 Median Rent 34.4% income on rent
56°F Avg Temperature 275 sunny days/yr
119 Violent Crime/100K 785 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$82,454 median income, 6.3% unemployment
B+
Affordability
3.7 / 5.0
$442,100 home value, $1,649/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher

Housing Overview

Median Home Value
$442,100
57% above
US avg: $281,900
Median Rent
$1,649/mo
42% above
US avg: $1,163/mo
Homeownership Rate
45.8%
30% below US avg (65.4%)
Total Housing Units
18,447
Median year built: 1957

Home Value by Source

Census Median
$442,100
Zillow (ZHVI)
$616,733
Median Sale Price
$635,000
Median List Price
$613,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

45.8%
Owner-Occupied
54.2%
Renter-Occupied
46%
54%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $1,649/mo · Zillow rent: $3,791/mo

Market Indicators (Redfin)

Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
18.9%
of listings with price reduction
Price Per Sq Ft
$337
Active Inventory
53
homes for sale

Affordability & Housing Stock

Rent Burden
34.4%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
45.8%

Complete Housing Data

Home Values

Census Median Value$442,100
Zillow Home Value (ZHVI)$616,733
Median Sale Price$635,000
Median List Price$613,500
Price Per Sq Ft$337

Rent

Census Median Rent$1,649
Zillow Rent (ZORI)$3,791
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market53
Sale-to-List Ratio1.0%
Price Drops18.9%
Homes Sold16
Active Inventory53
Price Per Sq Ft$337

Ownership & Stock

Owner-Occupied45.8%
Renter-Occupied54.2%
Homeownership Rate45.8%
Total Housing Units18,447
Median Year Built1957
Rent Burden34.4%