Median Income
$119,875
household / year
Median Home Value
$665,400
owner-occupied
Median Rent
$2,389
gross / month
Cost of Living
112
national avg = 100

Is New Hempstead, NY a Good Place to Live?

New Hempstead is a small town of 5,449 in New York, with a median household income of $119,875 and a 6.9% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: New Hempstead stands out for a well-educated population.

Trade-offs: Potential downsides include an above-average cost of living, high home prices, longer commutes, an elevated unemployment rate. Whether New Hempstead is right for you depends on your priorities — the full breakdown is below.

All New Hempstead city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

New Hempstead's overall cost of living index is 112.5, where 100 represents the US national average. Living in New Hempstead costs roughly 12% more than the average American city.

Metric New Hempstead, NY National Avg
Median Home Value $665,400 $244,900
Median Monthly Rent $2,389 $1,163
Homeownership Rate 96.5% 65.9%
Median Household Income $119,875 $74,755

Crime & Safety

Crime data for New Hempstead is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric New Hempstead, NY National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 47.4% 35.4%
High School Diploma or Higher 89.3% 91.1%

Weather & Climate

New Hempstead sees average highs of 37.7°F in January and 84.3°F in July, with 50.3 inches of annual precipitation and 32.7 inches of snow per year.

MetricNew Hempstead, NY
Average High — January37.7°F
Average High — July84.3°F
Annual Precipitation50.3"
Annual Snowfall32.7"

Demographics

MetricNew Hempstead, NYNational Avg
Population5,449
Median Age35.638.9
Unemployment Rate6.9%3.7%
Avg Commute Time30.2 min26 min
White (non-Hispanic)69.1%59.3%
Black or African American8.6%13.6%
Hispanic or Latino13.0%18.9%
Asian9.0%6.3%
Under 1827.2%22.2%
65 and over20.5%16.8%

Nearby Cities

New Hempstead vs Other Cities

Frequently Asked Questions

New Hempstead's cost of living index is 112, where 100 is the national average. That puts New Hempstead roughly 12% above the national average in cost. The median home price is $665,400 and median rent is $2,389/month.
Crime data for New Hempstead is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
New Hempstead, NY has a population of 5,449, a median household income of $119,875, and an unemployment rate of 6.9%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Hempstead averages 37.7°F in January and 84.3°F in July. Annual rainfall is 50.3 inches with about 32.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of New Hempstead, New York is 5,449 with a median age of 35.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Hempstead: cost of living index 112 (100 = US average), median home $665,400, median household income $119,875. Whether these are benefits or drawbacks depends on where you're coming from — compare New Hempstead side by side with your current city to see the trade-offs.