New Hyde Park is a somewhat small village located in the state of New York. With a population of 10,161 people and nine associated neighborhoods, New Hyde Park is the 181st largest community in New York.
New Hyde Park home prices are not only among the most expensive in New York, but New Hyde Park real estate also consistently ranks among the most expensive in America.
Also of interest is that New Hyde Park has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.47% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, New Hyde Park is a great place for families with children to consider. First of all, many other families with children live here, making New Hyde Park a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New Hyde Park has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New Hyde Park’s overall crime rate is lower than average for the country.
One downside of living in New Hyde Park is that it can take a long time to commute to work. In New Hyde Park, the average commute to work is 36.31 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly village. Many of New Hyde Park’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
Even though New Hyde Park is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
The education level of New Hyde Park ranks among the highest in the nation. Of the 25-and-older adult population in New Hyde Park, 47.99% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in New Hyde Park in 2022 was $60,050, which is wealthy relative to New York and the nation. This equates to an annual income of $240,200 for a family of four.
New Hyde Park is an extremely ethnically-diverse village. The people who call New Hyde Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Hyde Park residents report their race to be White, followed by Asian. New Hyde Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.11% of the village’s residents. Important ancestries of people in New Hyde Park include Italian, Irish, German, Greek, and Portuguese.
New Hyde Park also has a high percentage of its population that was born in another country: 30.84%.
The most common language spoken in New Hyde Park is English. Other important languages spoken here include Spanish and Other Asian languages.