HomeNew YorkNassau CountyHempstead
Hempstead, New York: commercial real estate data.
Hempstead is a Census village of 58,801 people across 3.69 square miles of land, in Nassau County. Median household income is $90,420, 47.5 percent of occupied homes are owned, and the SBA record carries 42 7(a) approvals to borrowers here worth $14.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hempstead
What Hempstead is
- Census place typevillage
- Land area3.69 sq mi
- Water area0 sq mi
- Population per square mile of land15,932
- County holding the largest share of its areaNassau County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hempstead
How many people live in Hempstead
- Population58,801
- Median age38.1
- Population under 1813,332
- Share under 1822.7 percent
- Population 65 and over7,751
- Share 65 and over13.2 percent
- Households17,108
- Family households12,412
- Share of households that are families72.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hempstead
Income and work in Hempstead
- Median household income$90,420
- Per capita income$34,304
- Civilian labor force31,084
- Employed28,219
- Unemployed2,865
- Unemployment rate9.2 percent
- Adults 25 and over40,145
- Adults 25 and over with a high school diploma or higher75.5 percent
- Adults 25 and over with a bachelor degree or higher21.5 percent
- Adults 25 and over with a graduate degree9.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hempstead
Housing in Hempstead
- Housing units18,747
- Occupied units17,108
- Vacant units1,639
- Vacancy rate8.7 percent
- Owner occupied8,119
- Renter occupied8,989
- Ownership rate47.5 percent
- Median owner-occupied home value$459,500
- Median gross rent, monthly$1,622
- Annual rent as a share of median income21.5 percent
- Single family units8,660
- Share single family46.2 percent
- Units in buildings of two or more10,010
- Share in buildings of two or more53.4 percent
- Mobile homes77 plus or minus 65
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hempstead
How Hempstead gets to work
- Workers 16 and over who commute25,599
- Commuting under 15 minutes3,738
- Share commuting under 15 minutes14.6 percent
- Commuting 30 minutes or more13,273
- Share commuting 30 minutes or more51.8 percent
- Drove alone55.9 percent
- Carpooled13.1 percent
- Public transport19.2 percent
- Walked1.7 percent plus or minus 0.7
- Worked from home7.3 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hempstead
SBA loans in Hempstead (7(a))
- Approvals42
- Gross approval$14,065,300
- Average approval$334,888
- Median approval$83,150
- Ninetieth percentile approval$848,150
- Largest approval$3,350,000
- Jobs supported246
- Jobs per approval5.9
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.1 percent
- Share to franchises2.4 percent
- Distinct lenders17
- Distinct industries by NAICS33
Counted by borrower city: approvals to borrowers whose address is in Hempstead, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hempstead
SBA loans in Hempstead (504)
- Approvals11
- Gross approval$10,181,000
- Average approval$925,545
- Median approval$613,000
- Largest approval$2,775,000
- Jobs supported64
- Loans with a final outcome3
- Charged off1
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Hempstead, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hempstead
Flood risk in Hempstead
- NFIP communityTown of Hempstead
- NFIP community number360467
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/11/09
The Town of Hempstead participates in the National Flood Insurance Program as community 360467 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Nassau County, not Hempstead
Nassau County context, not Hempstead figures
- Establishments in Nassau County48,718
- Covered employment, Nassau County631,563
- Average annual pay, Nassau County$77,454
- Housing units permitted, Nassau County830
Every figure in this section is published for Nassau County as a whole and is not a measurement of Hempstead.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Hempstead questions, answered from the record.
How many people live in Hempstead, New York?
58,801, in 17,108 households. Hempstead village covers 3.69 square miles of land, which is 15,932 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hempstead in?
Nassau County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hempstead?
$90,420. The median owner-occupied home is valued at $459,500. Median gross rent is $1,622 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hempstead businesses?
42 7(a) approvals totaling $14.1 m since FY2020, across 17 lenders, median approval $83,150, plus 11 504 approvals worth $10.2 m since FY2010. These count approvals to borrowers whose address is in Hempstead, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hempstead borrowers get paid back?
No rate is published for Hempstead. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hempstead in the National Flood Insurance Program?
Yes. Hempstead appears in the FEMA Community Status Book as Hempstead, town of, community 360467, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hempstead figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Nassau County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hempstead.
Is zoning published for Hempstead?
No. Nothing on this page presents parcel level zoning.