Hempstead is a city in New York state in USA with a population of 55153 residents.. The poverty rate of Hempstead is 17.8%, which is 27% higher than national average. The typical household in Hempstead earns $68946 a year, compared to the national median of $67,500. Nearly 39.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hempstead, only 74% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hempstead remained 6.3%, which is 34% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hempstead, only 18% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Hempstead is 138, which is 38% higher than national average. Median home value in Hempstead is $339500 , which is 48% higher than national average. While median income in Hempstead remained $68946, which is 2% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.