Quick facts: West hempstead, NY

Quick Facts

113.7
Cost of Living
above US average
20,393
Population
2.21
Crime Rate per 1000
below US average
$154,009
Median Income
above US average
$799,000
Median House Price
above US average
$4763.71
Average Rent
above US average
6%
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 $154,009.

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Income Needed to Buy

βœ— Stretch
$251k/year
Based on $799,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $251k vs median $154,009
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Income Needed to Rent

⚠ Stretch
$204k/year
Based on $4763.71/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $204k vs median $154,009
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for West hempstead, NY

West Hempstead is a suburban community located in Nassau County on Long Island, New York. It is known for its residential neighborhoods, family-friendly atmosphere, and convenient access to urban amenities. West Hempstead is primarily a residential area with a mix of single-family homes and small multifamily buildings. The community boasts several parks, including the West Hempstead Memorial Park, which offers recreational facilities and green spaces for residents to enjoy. The local economy is supported by small businesses and retail establishments, providing essential services to the community. West Hempstead is served by the West Hempstead Union Free School District, which includes well-regarded educational institutions. Transportation options are abundant, with the Long Island Rail Road providing convenient access to New York City. The area is also well-connected by major roadways, allowing for easier commutes and travel throughout Long Island. Culturally, West Hempstead hosts various community events and activities, fostering a strong sense of community pride. Overall, West Hempstead represents a blend of suburban tranquility and accessibility to urban life, making it a desirable place for families and professionals alike.

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