This data is based on ZIP codes 11550, 11553.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
Showing latest year snapshot. Full economic history and trends available with a paid plan. See products & pricing →
Hempstead ZIP Area Economy · 2023
Wages +13% vs. avg. Nassau Co. town
Hempstead's ZIP area supports 23,783 jobs across 1,869 businesses, with workers earning an average of $86K per year, 13% above the Nassau County average. The economy is moderately diversified (0.84 index), led by healthcare and construction. 90.1% of businesses have fewer than 20 employees, and each business employs an average of 12.7 people. Jobs grew 12% from the prior year while business count grew 3.3%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Nassau Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
1,869 businesses by employee count. 90.1% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Economic Densityi
0.40
jobs per resident
12.7
employees per business
County avg: 12.5+2%
$35K
payroll per resident
$1.1M
payroll per business
Hempstead ZIP Area vs. Avg. Nassau Co. Towni
All Industries in ZIP Areai
| Sector | Hempstead ZIP | Avg. Nassau Co. | Spec. |
|---|---|---|---|
| Healthcare | 314 | 193 | 1.3x |
| Construction | 279 | 115 | 1.9x |
| Retail Trade | 252 | 153 | 1.3x |
| Other Services | 241 | 146 | 1.3x |
| Food & Accommodation | 190 | 105 | 1.4x |
| Professional Services | 139 | 242 | 0.5x |
| Admin Services | 132 | 79 | 1.3x |
| Finance & Insurance | 85 | 86 | 0.8x |
| Real Estate | 57 | 124 | 0.4x |
| Transportation | 46 | 36 | 1.0x |
| Wholesale Trade | 40 | 101 | 0.3x |
| Education | 31 | 24 | 1.0x |
| Manufacturing | 26 | 26 | 0.8x |
| Information | 20 | 20 | 0.8x |
| Arts & Entertainment | 6 | 29 | 0.2x |
| Utilities | 5 | 0 | — |
| Management | 3 | 6 | 0.4x |