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Population & People
Population
5,449
Median age
32
Median household income
$126,165
Poverty rate
12.2%
Unemployment rate
5.4%
Bachelor's degree+
46.6%
Avg. commute
26 min
Hispanic or Latino
6.6%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$816,600
Median gross rent
$1,691/mo
Homeownership rate
95.22%
HUD FMR — 2 bedroom
$1,579
HUD Fair Market Rent (New York statewide average across 62 areas — not specific to New Hempstead), 2026. Efficiency $1215, 1BR $1315, 2BR $1579, 3BR $1976, 4BR $2193. This is a different official figure from Census median gross rent above.
Energy
New York gasoline midgrade
$4.63
New York commercial electricity
21.07¢/kWh
New York industrial electricity
9.55¢/kWh
New York residential electricity
26.39¢/kWh
Economy
Gross Domestic Product: All Industry Total
2467674
Real Gross Domestic Product: All Industry Total
1894269.6
All-Transactions House Price Index for New York
1184.26
Unemployment Rate
4.4%
Source: FRED, New York-specific series.