HomeNew YorkNassau CountyHempstead village
Hempstead village, New York: commercial real estate data.
Hempstead village 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.
80 sourced place values · tier FULL · 9 sections · 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$90,300
- Ninetieth percentile approval$903,500
- 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
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hempstead
Flood risk in Hempstead
- Listed NFIP communities2
- Of those, participating2
- NFIP community number360467
- Currently effective map date09/11/09
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Nassau County, not Hempstead
Nassau County context, not Hempstead figures
These are Nassau County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hempstead measurements.
- Establishments in Nassau County48,718
- Employment at those establishments, Nassau County562,420
- Covered employment, Nassau County631,563
- Average annual pay, Nassau County$77,454
- Average weekly wage, Nassau County$1,489
- Housing units permitted, Nassau County830
- Of those, single family, Nassau County607
- County product, 2024, Nassau County$130,221,948,000
- County product change over the prior year, Nassau County3.7 percent
- Average income of an arriving household, Nassau County$131,119
Every figure in this section is published for Nassau County as a whole and is not a measurement of Hempstead. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $14.1 m, across 17 lenders, median approval $90,300, plus 11 504 approvals worth $10.2 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Hempstead in the National Flood Insurance Program?
Yes. Hempstead appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.