Interested in purchasing investment houses in the 11516 zip code in Cedarhurst, NY?
The zip code 11516 is in Nassau county with a latitude of -73.726690000000 and longitude of 40.625780000000, is in the state of New York. The average asking price of houses and condos is $458,661.00 and the average sale price was $536,472.00. this regions is classified as the New York City metro area and is in the 516 area code. The location in degrees is 40° 37' 32.808" N, 73° 43' 36.084" W. The county F.I.P.S. is 36059. This zip code contains two cities including Cedarhurst, NY (77.17%), and Woodmere, NY (22.83%) The total land area is 0.9 square miles and the water area is 0.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 11516 is in county number 059 and is L. Sector 01, L. Segment 10, H. Sector 10, and H. Segment 10. The population was 7,452 in 2019 and 7,556 in 2010. This further breaks down to 3,483 males (46.7%) and 3,968 females (53.3%). The median age of residents is 31.1 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 8,531. This zip code has a combined total of 2,508 houses and condos. There are 659 rented appartments. 28% of residents rent versus the 28% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $120,678 and the average salary is $92,017. The median household income of individuals is $80,736.00 and the average is $157,420.00. This zip code has a mean commute time to work of 38.1 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 30.30% (Under $50,000), 27.90% ($50,000-$100,000), and 41.70% earn over $100,000. 3.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 152.7. The educational breakdown is 97.7% have a high school education or higher, 61.2% have a bachelor's degree or higher, and 33.7% have some kind of profesional degree.
This area has 2,513 households and the average size is 3.2 people. Individuals who are single and have never been married are 28.2%, 62.7% are now married, 0.6% are separated, 4.7% are widowed, and 3.8% are divorced. The average yearly contribution amount given by people to charity was $11,182 versus the state average of $5,572. The percent of residents who gave to charity was 48.8%.
The estimated median value of houses and condos is $618,223. The median monthly owner costs of mortgage holders was $3,630, where as the costs for those who don't have a mortgage are $1,254. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $9,356. 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 1.5% which amounted to an average tax amount of $10,264. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $8,726. Reported taxable interest for persons was $4,735, dividends $8,543, capital gains +$31,546, and itemized deductions $46,401. The average earned income tax credit is $2,156. The percent of individuals that use a tax preparer is 77.0%. The total average income taxes paid by individuals was $19,186. Businesses reported an average profit of $29,948.
Doma Land + Sea
490 Chestnut St, Cedarhurst, NY 11516
Bari Fish
140 Cedarhurst Ave, Cedarhurst, NY 11516
The Upper Crust
442 Central Ave, Cedarhurst, NY 11516
La Terrazza
142 Spruce St, Cedarhurst, NY 11516
Cork & Slice
477 Chestnut St, Cedarhurst, NY 11516
Hapina Restaurant
128 Cedarhurst Ave, Cedarhurst, NY 11516
Sushi Metsuyan Cedarhurst
488 Central Ave Ste 1, Cedarhurst, NY 11516
Simply Sushi
137 Spruce St, Cedarhurst, NY 11516
Bellissimos
140 Washington Ave, Cedarhurst, NY 11516
Barbecue Al Aish
74 Columbia Ave, Cedarhurst, NY 11516
Judd's Memphis Kitchen
560 Central Ave Unit A, Cedarhurst, NY 11516
Amsterdam Burger
490 Chestnut St, Cedarhurst, NY 11516
Graze Smokehouse
529 Central Ave, Cedarhurst, NY 11516
Jacobs Kitchen Inc
688 Central Ave, Cedarhurst, NY 11516
Holy Schnitzel
688 Central Ave, Cedarhurst, NY 11516
Wok Tov
594 Central Ave, Cedarhurst, NY 11516
New Happy Wok Chinese Food Inc
450 Rockaway Tpke Unit C, Cedarhurst, NY 11516
Off The Grill
620 Central Ave, Cedarhurst, NY 11516
Yossi Grill
140 Washington Ave Unit D, Cedarhurst, NY 11516
Streats Food and Drink
128 Cedarhurst Ave, Cedarhurst, NY 11516