Quick facts: Oceanside, NY

Quick Facts

113.7
Cost of Living
above US average
31,488
Population
4.51
Crime Rate per 1000
below US average
$136,997
Median Income
above US average
$749,000
Median House Price
above US average
$3136.5
Average Rent
above US average
4%
Poverty Rate
below US average
3.2%
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 $136,997.

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Income Needed to Buy

βœ— Stretch
$235k/year
Based on $749,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $235k vs median $136,997
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Income Needed to Rent

βœ“ Affordable
$134k/year
Based on $3136.5/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($136,997) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Oceanside, NY

Oceanside is a vibrant hamlet located in Nassau County on Long Island, New York. Situated along the beautiful South Shore of Long Island, it is known for its charming suburban atmosphere combined with coastal appeal. The community boasts stunning sandy beaches, making it a favored destination for both residents and visitors seeking sun, surf, and relaxation. Oceanside is well-connected to New York City via the Long Island Rail Road, providing an easy commute for those working or enjoying leisure activities in the metropolis. The area features a variety of restaurants, shops, and recreational facilities that cater to diverse tastes and lifestyles. The Oceanside School District is highly regarded, contributing to the family-friendly appeal of the community. In addition to its natural beauty, Oceanside has a rich history and a strong sense of community, with various local events and gatherings fostering connections among residents. The proximity to parks and outdoor activitiesβ€”like kayaking, biking, and birdwatchingβ€”further enhances the attractiveness of this charming Long Island enclave. Overall, Oceanside offers a blend of suburban comfort and seaside enjoyment perfect for family living.

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