Interested in purchasing investment houses in the 11568 zip code in Old Westbury, NY?
The zip code 11568 is in Nassau county with a latitude of -73.596500000000 and longitude of 40.786940000000, is in the state of New York. The average asking price of houses and condos is $3,298,756.00 and the average sale price was $2,140,778.00. this regions is classified as the New York City metro area and is in the 516 area code. The location in degrees is 40° 47' 12.984" N, 73° 35' 47.4" W. The county F.I.P.S. is 36059. This zip code contains two cities including Old Westbury, NY (95.30%), and Brookville, NY (0.79%) The total land area is 8.9 square miles and the water area is 0.0 square miles. The elevation in this area is 187 - 226 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 11568 is in county number 059 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 4,597 in 2019 and 4,555 in 2010. This further breaks down to 2,155 males (46.9%) and 2,441 females (53.1%). The median age of residents is 25.7 years. The population of the greater New York-Northern New Jersey-Long Island, NY-NJ-PA area is 19,113,505. The population density (people per square mile) is 514. This zip code has a combined total of 1,195 houses and condos. There are 71 rented appartments. 7% of residents rent versus the 7% of residents in the state who rent.
The financial status of those living in this area is considered upper class. The average individual gross adjusted income is $622,853 and the average salary is $321,304. The median household income of individuals is $191,303.00 and the average is $671,870.00. This zip code has a mean commute time to work of 37.2 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 9.10% (Under $50,000), 12.00% ($50,000-$100,000), and 78.90% earn over $100,000. 4.5% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 158.7. The educational breakdown is 100.1% have a high school education or higher, 78.0% have a bachelor's degree or higher, and 41.1% have some kind of profesional degree.
This area has 1,026 households and the average size is 3.1 people. Individuals who are single and have never been married are 49.7%, 45.0% are now married, 0.3% are separated, 3.6% are widowed, and 1.3% are divorced. The average yearly contribution amount given by people to charity was $44,178 versus the state average of $5,572. The percent of residents who gave to charity was 52.9%.
The estimated median value of houses and condos is $2,144,154. The median monthly owner costs of mortgage holders was $4,036, where as the costs for those who don't have a mortgage are $1,516. The median number of rooms in houses and condos are 10.0 versus apartments which had a median number of 7.1.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $10,434. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $5,732. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $10,433. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $35,445, dividends $62,304, capital gains +$226,556, and itemized deductions $196,464. The average earned income tax credit is $967. The percent of individuals that use a tax preparer is 86.5%. The total average income taxes paid by individuals was $122,782. Businesses reported an average profit of $136,356.
Old Westbury Diner
4 Glen Cove Rd, Old Westbury, NY 11568
Outback Steakhouse
1067 Old Country Rd, Westbury, NY 11590 (2.4 miles away)
Carlyle Seafood Shack
1 Shore Rd, Glenwood Landing, NY 11547 (2.4 miles away)
Centro Cucina
43 Glen Cove Rd, Greenvale, NY 11548 (2.6 miles away)
Roslyn Seafood Gourmet
444 Willis Ave, Roslyn Heights, NY 11577 (2.8 miles away)
Frank's Steaks
4 Jericho Tpke, Jericho, NY 11753 (2.8 miles away)