Hempstead, NY Real Estate
According to census data in the year 2000 there were 15,563 housing units in Hempstead.
This represents a 3% growth from 15,117 in 1990.
Of those housing units, 15,563 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Hempstead is about 43.2%.
Hempstead's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 3.41 people.
The majority of houses, apartments or condos in Hempstead were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 9.30% |
| One Bedroom | 27.20% |
| Two Bedrooms | 18% |
| Three Bedrooms | 25% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 5.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.75 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $166,400 |
| Median Price asked for vacant units | $122,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $791 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 60.20% |
| Debt Free | 23.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 27.1% |
