New Hempstead, NY Real Estate
According to census data in the year 2000 there were 1,296 housing units in New Hempstead.
This represents a 11.6% growth from 1,161 in 1990.
Of those housing units, 1,296 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Hempstead is about 93.6%.
New Hempstead's vacancy rate, including seasonal lodging, is about 0.8%.
Average household size is 3.67 people.
The majority of houses, apartments or condos in New Hempstead were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.40% |
| Two Bedrooms | 2.80% |
| Three Bedrooms | 22% |
| Four Bedrooms | 56.10% |
| Five Bedrooms or more | 16.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.69 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $241,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.34 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $1,625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 62.70% |
| Debt Free | 23.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
