Hempstead village, NY Economy


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Hempstead Village, NY is located on the south shore of Long Island and is part of Nassau County. It is a vibrant community with much to offer its residents. With great access to Manhattan and other New York destinations, Hempstead Village has become an ideal place for young professionals and families looking to settle down. The cost of living is relatively affordable, with the average two bedroom rent being $1,430 compared to the national average of $1,100. Grocery costs are also lower than most cities in the US, making it a great option for budget conscious shoppers.
Hempstead village is home to several top-notch businesses including Bethpage Federal Credit Union, Stony Brook Medicine at Winthrop Hospital, ShopRite Supermarkets Inc., Broadway Mall, Hempstead Public Library and Hofstra University among many others. There are also plenty of beautiful parks and trails for outdoor enthusiasts and plenty of shopping centers, restaurants and entertainment options for those who enjoy city life.

Income by Population Percent

  EconomyHempstead village, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $28,717$37,638
  $74,680$69,021
  $82,583$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  8.7%6.8%
  4.0%10.0%
  2.2%2.5%
  12.5%11.0%
  8.3%4.8%
  0.5%0.8%
  1.9%1.9%
  4.0%4.7%
  1.7%1.9%
  3.9%7.6%
  0.1%0.1%
  6.4%4.2%
  7.2%9.3%
  18.9%14.0%
  1.3%2.1%
  8.1%7.0%
  6.0%4.8%
  3.9%4.7%
Reviews for Hempstead village
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Over 16 years ago

Hempstead still is a good place to live but, too maany illegal immigrants have moved in to the village. Houses prices have climbed due to increased demand. The  More

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Over 17 years ago

The stead is my heart, made me who I am, but I had toget out.Too expensive,no "real" jobs(except Verizon), and nothing to do,except for the Taste of Honey strip bar(and  More

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Mainly because the cost of living is way way high. The influx of Salvadorian and Mexican immigrants I believe has pushed up housing prices. They stay 5 to 10 people per  More

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