Quick facts: Hewlett, NY

Quick Facts

113.7
Cost of Living
above US average
7,590
Population
3.29
Crime Rate per 1000
below US average
$138,971
Median Income
above US average
$985,000
Median House Price
above US average
$3176.5
Average Rent
above US average
2%
Poverty Rate
below US average
3.1%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $138,971.

🏠

Income Needed to Buy

βœ— Stretch
$309k/year
Based on $985,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $309k vs median $138,971
🏒

Income Needed to Rent

βœ“ Affordable
$136k/year
Based on $3176.5/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($138,971) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hewlett, NY

Hewlett is a charming hamlet located in Nassau County, New York, on Long Island. It falls under the Town of Hempstead and is part of the Greater New York metropolitan area. Known for its suburban atmosphere, Hewlett boasts a tight-knit community with a blend of historical charm and modern conveniences. The hamlet features a mix of residential neighborhoods, with tree-lined streets, parks, and recreational facilities, making it an attractive place for families. Hewlett is well-served by public transportation, including the Long Island Rail Road, making commuting to New York City accessible. The area is known for its excellent schools within the Hewlett-Woodmere School District, which contribute to its appeal for families. Local amenities include shops, restaurants, and services that cater to daily needs. Hewlett's proximity to nearby beaches, parks, and the scenic Long Island coastline enhances its allure. Overall, Hewlett represents a peaceful suburban lifestyle with convenient access to the vibrancy of urban living, offering residents a balanced mix of community, education, and recreational opportunities.

πŸ” Search & Compare Places

First Location πŸ“