ZIP 11550 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Hempstead village, NY (11550)

Median Income

$86,904

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,620

Wealth inflow

Population

60,658

Unemployment

9.3%

5.6pp above US avg

IRS migration statistics show a net inflow of about 2,620 for ZIP 11550 (Hempstead village, NY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

9.3%+151% vs US avg

Self-Employed

4.2%-32% vs US avg

SNAP Benefits

20.3%+74% vs US avg

1,303

Establishments

13,262

Employees

~10 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.4%
Construction9.9%
Manufacturing4.7%
Wholesale trade2.6%
Retail trade11.6%
Transportation, utilities8.5%
Information1.5%
Finance, insurance, real estate5.4%
Professional, scientific, management10.5%
Education, health care, social27.0%
Arts, entertainment, food services7.4%
Other services6.9%
Public administration3.6%

Household Income

Historical Trends in 11550 (2020–Present)

Since 2020, population grew 6.3%, median income rose 4.4% (inflation-adjusted), home values increased 9.9%.

Median Income

$86,904

+16% vs US avg

Unemployment Rate