Housing costs in Hempstead?
A typical home costs
$482,600, which is 42.7% more expensive than the national average of
$338,100 and 16.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Hempstead costs
$2,070 per month, which is 44.8% more than the national average of
$1,430 and 5.3% more than the state average of
$1,960.
Can I afford Hempstead?
To live comfortably in Hempstead (zip 11550), New York, a minimum annual income of
$92,520 for a family, and
$68,800 for a single person is recommended.
What does A.I. say about Hempstead?
The cost of living in 11550 Hempstead, NY is quite reasonable. Goods and services in the area are at competitive prices, with most essential items costing slightly lower than the national average. The median home price in Hempstead is around $322,800, which gives you an idea of just how much value you can expect for your money in this town. The median household income is also on par with or higher than the rest of the nation, making it a great place to live and raise a family comfortably and affordably.