Quick facts: Massapequa park, NY

Quick Facts

113.7
Cost of Living
above US average
16,873
Population
1.42
Crime Rate per 1000
below US average
$161,193
Median Income
above US average
$899,000
Median House Price
above US average
$5133.33
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $161,193.

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Income Needed to Buy

βœ— Stretch
$282k/year
Based on $899,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $282k vs median $161,193
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Income Needed to Rent

⚠ Stretch
$220k/year
Based on $5133.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $220k vs median $161,193
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Massapequa park, NY

Massapequa Park is a charming village located in Nassau County, New York, within the town of Oyster Bay. Nestled on Long Island's South Shore, it is known for its suburban atmosphere, tree-lined streets, and a strong sense of community. The village shares its borders with the larger Massapequa and is conveniently situated near the Wantagh State Parkway, providing easy access to both local amenities and Manhattan. The vibrant downtown area features a mix of restaurants, shops, and services, contributing to the village's appeal. Residents enjoy outdoor recreation at Massapequa Park, which includes scenic parks, playgrounds, and scenic trails, ideal for jogging, walking, and enjoying nature. The educational institutions in Massapequa Park are well-regarded, contributing to a family-friendly environment that attracts many seeking a balance between suburban living and proximity to urban conveniences. With a variety of community events throughout the year, it fosters a close-knit atmosphere. Overall, Massapequa Park is a delightful location for those seeking a peaceful yet engaging place to live on Long Island.

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