Town of Hempstead — Financial Data

793,409 Population FY 2024

$268 Town-Wide Per Capita Spending All residents incl. villages FY 2024

7.0% Debt Service FY 2024

6.7 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: The following villages extend beyond this town's boundaries: Floral Park, Garden City (also in Town of North Hempstead). The following villages are partially within this town but assigned to another town by OSC: Mineola, New Hyde Park (assigned to Town of North Hempstead). Part-town per-capita figures are not yet available for this town because the village population split across town boundaries is unknown. We will include part-town per-capita data once proportional population figures are available. If you have this information or know a definitive source, please email [email protected]. Contains villages: Village of Atlantic Beach (pop. 1,707), Village of Bellerose (pop. 1,173), Village of Cedarhurst (pop. 7,374), Village of East Rockaway (pop. 10,159), Village of Floral Park (pop. 16,172), Village of Freeport (pop. 44,472), Village of Garden City (pop. 23,272), Village of Hempstead (pop. 59,169), Village of Hewlett Bay Park (pop. 494), Village of Hewlett Harbor (pop. 1,290), Village of Hewlett Neck (pop. 569), Village of Island Park (pop. 4,928), Village of Lawrence (pop. 6,809), Village of Lynbrook (pop. 20,438), Village of Malverne (pop. 8,560), Village of Rockville Centre (pop. 26,016), Village of South Floral Park (pop. 1,741), Village of Stewart Manor (pop. 1,992), Village of Valley Stream (pop. 40,634), Village of Woodsburgh (pop. 897). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, economic development, education, employee benefits, general government, health, public safety, social services, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, debt service, employee benefits, general government, public safety, transportation).

Villages in Hempstead

Total village population: 277,866 (35% of town)

Village of Atlantic Beach pop. 1,707

Village of Bellerose pop. 1,173

Village of Cedarhurst pop. 7,374

Village of East Rockaway pop. 10,159

Village of Floral Park pop. 16,172

Village of Freeport pop. 44,472

Village of Garden City pop. 23,272

Village of Hempstead pop. 59,169

Village of Hewlett Bay Park pop. 494

Village of Hewlett Harbor pop. 1,290

Village of Hewlett Neck pop. 569

Village of Island Park pop. 4,928

Village of Lawrence pop. 6,809

Village of Lynbrook pop. 20,438

Village of Malverne pop. 8,560

Village of Rockville Centre pop. 26,016

Village of South Floral Park pop. 1,741

Village of Stewart Manor pop. 1,992

Village of Valley Stream pop. 40,634

Village of Woodsburgh pop. 897

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

5.7% Poverty Rate 2023

43.0% Bachelor's+ Rate 2023

5.2% Unemployment Rate 2023

82.2% Homeownership Rate 2023

Median Household Income

$137,772 (2023)

2010 2023

Per Capita Income

$55,386 (2023)

2010 2023

Median Home Value

$618,800 (2023)

2010 2023

Median Gross Rent

$2,057 (2023)

2010 2023

Median Age

40.5 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2024

Fiscal Health

Debt Outstanding

$626,509,195 (2024)

2011 2024

Full Value of Taxable Property

$134,604,212,941 (2024)

2011 2024

Debt Service

$74,900,386 (2024)

1995 2024

Debt Service %

7.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$268 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

6.7 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

0.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$346,277,750 (2024)

1995 2024

Other Local Revenues

$236,035,371 (2024)

1995 2024

Sales And Use Tax

$105,130,320 (2024)

1995 2024

Charges For Services

$101,246,395 (2024)

1995 2024

State Aid

$77,382,920 (2024)

1995 2024

Top Expenditures

General Government

$254,282,288 (2024)

1995 2024

Employee Benefits

$197,803,331 (2024)

1995 2024

Transportation

$145,289,304 (2024)

1995 2024

Sanitation

$99,294,474 (2024)

1997 2024

Culture And Recreation

$92,405,346 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Hempstead OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Hempstead OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Hempstead FSMS Report 2024	FSMS_MONITORING
2023	Town of Hempstead Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Hempstead OSC Annual Financial Report 2023	OSC_TOWN_CSV_AFR

View all 84 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 280338600000

School Details

Not applicable for this entity type.