West Hempstead, New York Income Statistics
West Hempstead Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A
West Hempstead Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | West Hempstead | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $161,495 | $86,556 | $80,455 |
| Median Personal Income | $85,330 | $70,316 | $60,758 |
| Average Yearly Income Growth | 6.3% | 4.5% | 4.8% |
| Six-Figure Earners | 24.4% | 16.7% | 13.9% |
| $200k+ Households | 33.9% | 17.1% | 13.2% |
The median household income in West Hempstead is about 87% higher than in New York. Income has been growing faster in West Hempstead (6.3%/yr) than in New York (4.5%/yr).
About 24% of adults in West Hempstead earn six figures ($100,000 or more) a year, higher than the New York average of 17%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in West Hempstead, New York grew by 72.5% from 2009 to 2024, reaching $161,495 in 2024. That's an average of about 6.3% per year.
Income Inequality and the Gender Pay Gap in West Hempstead
| Metric | West Hempstead | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.546 | 0.557 | 0.552 |
| Male Median Income | $104,558 | $77,531 | $69,667 |
| Female Median Income | $82,034 | $67,892 | $56,850 |
| Gender Pay Gap | 21.5% | 12.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In West Hempstead, it is 0.546, lower than New York's 0.557, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 27% more than women's income in West Hempstead, New York. Over a 35-year career, a 27% wage gap accumulates to roughly $788,340 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in West Hempstead, New York has widened from about 13% to 22% in 2024. Over that period the gap was widest at 31% in 2015, and was narrowest at 7% in 2020. In dollar terms, the gap has widened by $14,112 since 2009.
Sharply against the trend: the pay gap in West Hempstead widened by 8.5 points while New York's narrowed by 6.0 points.
Employment
| Metric | West Hempstead | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 6.4% | 5.2% |
| Working from Home | 15.6% | 15.0% | 15.0% |
| Commute time (minutes) | 31 | 28 | 22 |
Approximately 554 people are unemployed in West Hempstead, New York.
The average commute time in West Hempstead is 31 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in West Hempstead, New York has fallen from 6.5% to 5.5% in 2024. Over that period the rate peaked at 9.1% in 2013 and fell as low as 4.0% in 2020.
West Hempstead, NY Wealth Compared With Nearby Cities
How West Hempstead, NY compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| West Hempstead, NY | 20,645 | $161,495 #1/2 | 6.3%/yr #1/2 | 5.5% #1/2 | 0.546 #2/2 |
| Franklin Square, NY | 30,917 | $137,510 | 4.7%/yr | 5.6% | 0.528 |
Conclusion
Considering all these factors, West Hempstead, New York has an overall wealth index grade of A, making it somewhat better than New York, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in West Hempstead, New York.
How Rich Is West Hempstead, New York?
West Hempstead has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $161,495, about 87% higher than the New York average of $86,556.
How has median household income changed in West Hempstead, New York?
Between 2009 and 2024, the median household income in West Hempstead, New York rose 72%, from $93,638 to $161,495. Over the same years, income here outpaced New York as a whole: +72% against +56%.
What was the median household income in West Hempstead in 2023?
In 2023, the median household income in West Hempstead, New York was $159,519, up 5% from $152,359 in 2022. The New York median that year was $85,199.
What was the median household income in West Hempstead in 2020?
In 2020, the median household income in West Hempstead, New York was $129,388. By 2024 it had risen 25% to $161,495.
How many people earn six figures in West Hempstead, New York?
Yes. 24% of adults in West Hempstead, New York earn $100,000 or more a year (about 1 in 4), against 17% (about 1 in 6) in New York. 34% of households have a combined income of $200,000 or more, compared with 17% in New York.
What is the Gini coefficient in West Hempstead, New York?
The Gini coefficient in West Hempstead is 0.546. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in West Hempstead, New York?
Since 2009, the income gap between men and women in West Hempstead, New York has widened from about 13% to 22% in 2024. Over that period the gap was widest at 31% in 2015, and was narrowest at 7% in 2020. In dollar terms, the gap has widened by $14,112 since 2009.
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