Quick facts: Westbury, NY

Quick Facts

113.7
Cost of Living
above US average
15,734
Population
Crime rate Data is updating, will be available soon
$125,976
Median Income
above US average
$849,998
Median House Price
above US average
$4978.69
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.5%
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 $125,976.

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Income Needed to Buy

βœ— Stretch
$267k/year
Based on $849,998 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $267k vs median $125,976
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Income Needed to Rent

⚠ Stretch
$213k/year
Based on $4978.69/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $213k vs median $125,976
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Westbury, NY

Westbury is a charming village located in Nassau County, New York, on Long Island. It is known for its suburban feel, family-friendly atmosphere, and diverse community. The village boasts a rich history, with roots tracing back to the early 19th century. Westbury features a mix of residential areas, parks, and commercial spaces, making it an ideal location for families and professionals alike. One of the highlights of Westbury is the beautiful Westbury Gardens, a popular local destination that offers a serene environment for relaxation and community events. The village also features a variety of shopping and dining options, including both local eateries and larger retail chains. The close-knit community hosts various events throughout the year, fostering a sense of connectivity among residents. Westbury is well-connected to New York City, with convenient access to the Long Island Rail Road, making commuting a viable option for those working in the city. Its strategic location, combined with a plethora of amenities, makes Westbury a desirable place to live on Long Island.

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